Telecom News Bulletin

Mobilink Corporate Credit Rating Downgraded To ‘CCC+’

Standard & Poor′s Ratings Services said today that it had lowered the corporate credit rating and long-term senior unsecured debt rating on Pakistan-based wireless service provider Pakistan Mobile Communications Ltd. (Mobilink) to CCC+ from B-. The outlook on the corporate credit rating is negative. The rating on Mobilink reflects the weakened credit profile of parent [...]

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