MTS terminates rating association with Moody’s

MTSMobile TeleSystems PJSC (MTS), the leading telecommunications provider in Russia and the CIS, announces it has terminated its current rating relationship with Moody’s Investors Service.

MTS has concluded that engagement with two international ratings agencies is sufficient to meet our long-term business and financial goals.

MTS is currently rated BB+ with a stable outlook by both Fitch and Standard & Poor’s.

Any future ratings provided by Moody’s of MTS or its outstanding bond issues should be considered unsolicited. Such ratings will be based solely on publicly available information, MTS said in a statement.

editor@telecomlead.com

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Ofcom Q2 2025 Complaints Report: Plusnet, Utility Warehouse, and TalkTalk Lead UK Telecoms for Customer Satisfaction

Ofcom’s latest quarterly report reveals that customer complaints across...

Global Communications Providers to Reach $5.6 Trillion Revenue by 2030 Driven by 6G and AI Investments

The global communications providers (CP) market is entering a...

MTN Group Surpasses 300 mn Customers, Spotlight on Y’ello Care and Africa’s Digital Transformation

MTN Group has achieved a major milestone, reaching 300...

Bharti Airtel Strengthens Cloud and AI Capabilities with Partnerships with IBM and Google

Bharti Airtel has announced partnerships — with IBM and...