Telecom drops Fitch from ratings coverage

Thu, 28 Jun 2012

By Hannah Lynch June 29 (BusinessDesk) - Telecom, the largest company on the NXZ 50, has dropped Fitch Ratings from its credit ratings line-up. The telecommunications company will continue to engage with ratings agencies Standard & Poor's and Moody's Investors Service for ratings and analytical coverage, it said in a statement. "It is what it is, we have two rating agencies and that is sufficient coverage," a spokesperson for Telecom told BusinessDesk. Standard & Poor's long term rating for Telecom is A-/stable, while Moody's is A3 stabl...

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