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

 

Latest

More like this
Related

GSMA report: Telcos drive AI deployments for cost savings, gear up for revenue growth

GSMA has released an update on AI deployments by...

Airtel and Vodacom partner to share networks, boost digital connectivity in Africa

Airtel Africa and Vodacom Group have entered into a...

Optus sued over 2022 cyber attack that exposed data of 9.5 mn Australians

Australian regulators have launched legal action against Optus, alleging...

TIM reports 2.7% revenue growth in H1 2025 driven by strong Brazil performance, enterprise gains, and ARPU upswing

TIM Group reported a 2.7 percent year-on-year increase in...