Magyar Telekom credit rating confirmed at BBB+/Stable

Monday 25 October 2021 | 15:29 CET | News
Magyar Telekom said that after an annual credit rating review, Scope Ratings has affirmed the issuer credit rating of BBB+ with stable outlook for the company, along with the BBB+ senior unsecured debt rating. The affirmation reflects Scope Ratings' view of the incumbent's strong and stable positions in the domestic mobile and broadband markets. With this review, the company complies with the requirements of the Bond Funding for the Growth Scheme of the Central Bank of Hungary.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Companies: Magyar Telekom
Countries: Hungary
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Magyar Telekom to end ADS trading on London Stock Exchange

Published 02 Dec 2021 12:25 CET | Hungary
Hungarian operator Magyar Telekom announced that its Board of Directors decided to request the cancellation of admission to ...

Magyar Telekom holds charitable auction

Published 19 Nov 2021 16:57 CET | Hungary
Magyar Telekom is organising a fine arts collection whose proceeds will go to charity. The auction's proceeds will be spent on ...

Magyar Telekom revenue up 6% to HUF 178 bln in Q3

Published 11 Nov 2021 09:35 CET | Hungary
Magyar Telekom saw its revenue increase by 6.2 percent year-on-year to HUF 178.1 billion in Q3, primarily driven by increases in ...

Magyar Telekom updates TV Go mobile client for Android, iOS

Published 22 Oct 2021 17:05 CET | Hungary
Magyar Telekom renewed the Telekom TV Go mobile client developed for its IPTV system on both Android and iOS platforms, according ...

Magyar Telekom starts providing new retail mobile, fixed tariff packages

Published 04 Oct 2021 16:00 CET | Hungary
Magyar Telekom has started providing new retail mobile and fixed tariff packages, writes local publication Hwsw.hu. Only the ...

Magyar Telekom revenues increase 6% to HUF 166 bln in Q2

Published 11 Aug 2021 15:53 CET | Hungary
Magyar Telekom saw its total revenues increase by 5.7 percent year-on-year to HUF 166.1 billion in Q2 2021. Growth in telecom ...

Magyar Telekom launches programme to support SMEs digital development

Published 12 Jul 2021 12:14 CET | Hungary
Magyar Telekom launched a programme to support the digital development of Hungarian SMEs under the name 'Plan D (D terv)' on its ...

Magyar Telekom assigned first-time BBB+ rating by Scope Ratings

Published 30 Oct 2020 08:51 CET | Hungary
Magyar Telekom announced it was assigned an issuer credit rating of BBB+ with stable outlook by Scope Ratings. The ratings apply ...

Magyar Telekom initiates review of funding framework

Published 31 Aug 2020 14:45 CET | Hungary
Magyar Telekom said it initiated a review of its external funding framework in order to diversify and enhance the maturity ...