Fitch affirms Rostelecom’s investment grade rating of ‘BBB-’
Print version
03.12.2015
Moscow, Russia – December 03, 2015 – Rostelecom PJSC (MOEX - RTS: RTKM, RTKMP; OTCQX: ROSYY), Russia’s national telecommunications operator, today announces that its Issuer Default Rating (IDR) of ‘BBB-’ with a Negative Outlook has been affirmed by Fitch Ratings (the company's rating is capped by the sovereign rating of Russia of BBB-/Negative)
The Fitch report states that Rostelecom is likely to retain its leading market position in the fixed-line segment by developing its broadband and Pay TV products due to infrastructure modernization and customer care improvement.
Further information on Rostelecom’s ratings is available at http://www.fitchratings.ru/