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General

S&P downgrades Bezeq credit rating

Wednesday 14 August 2019 | 12:55 CET | News
S&P has downgraded Bezeq's credit rating to AA- with a negative outlook. The reduction reflects the firm's assessment that the company's commercial profile has decreased on account of intensive competition, and the negative outlook is based on the expectation this competition will also continue in 2019-2020 in all the markets where Bezeq operates, impacting its revenues, margins and cash flow. 

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Categories: General
Companies: Bezeq / Pelephone
Countries: Israel
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