Articles tagged with: Fitch Ratings and Verizon Wireless

Vodafone Debt Ratings Increasingly Dependent on Verizon Wireless Payouts

­Fitch Ratings says that it has affirmed Vodafone Group's Long-term Issuer Default Rating (IDR) at 'A-', but warned that this is increasingly dependent on dividends from its Verizon Wireless joint venture. The ratings outlook is currently stable.
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Related Tags: nokia, blackberry, UK


Fitch: iPhone 5 to Benefit Select Carriers Long Term

On Wednesday, Apple unveiled its iPhone 5. ­Fitch Ratings believes that while the new device will likely create some short-term margin pressure for U.S. wireless carriers, it could likely lead to greater revenues in the long term.  more

Related Tags: bip-mobile, mvno, Italy


Fitch Affirms Vodafone Ratings at 'A-'/Stable

Fitch Ratings has affirmed Vodafone Group's Long-term Issuer Default Rating (IDR) and senior unsecured ratings at 'A-', and its Short-term IDR at 'F2'. The Outlook on the Long-term IDR is Stable.  more

Related Tags: vodafone


Fitch Affirms Verizon's Ratings and Says the Outlook is Stable

Fitch Ratings has affirmed Verizon Communications's Issuer Default Ratings (IDRs) and debt ratings with a stable outlook. ­Fitch said that VZ's ratings reflect the significant scale and scope of the company's domestic wireline and wireless businesses; the high proportion of revenues from wireless and wireline growth areas; and the ability to manage leverage around a range of 1.5 times (x)-1.6x.  more

Related Tags: verizon-communications, vodafone, USA


Fitch Ratings Confirms Verizon Communications with Stable Outlook

Fitch Ratings has maintained its stable outlook for Verizon Communications debts, although it is also maintaining its Rating Watch Negative on the subsidiaries that the company is currently in the process of selling to Frontier Communications. Fitch said that Verizon's ratings reflect the significant scale and scope of its domestic wireline and wireless businesses, the high proportion of revenues from wireless and wireline growth areas, and, following the acquisition of Alltel Corp. in January 2009, the return by the end of 2010 to a leverage range supportive of the 'A' rating, which in Fitch's view is 1.5 times (x) to 1.6x.  more

Related Tags: verizon-communications, wireless, coverage,


Fitch Downgrades Sprint Nextel Debt Ratings with Negative Outlook

Fitch Ratings has downgraded Sprint Nextel's debt ratings, with a negative outlook. The downgrades reflect the ongoing concerns over Sprint Nextel's financial and operating results and the lack of visibility as to the company's performance going forward.  more

Related Tags: sprint-nextel, iden, sprint, nextel, fitch,


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