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General

S&P downgrades growth prospects for European telecoms

Wednesday 26 April 2017 | 12:23 CET | News
Ratings agency Standard and Poor's downgraded its outlook for growth in the increasingly "fragile" European telecoms sector, notably for 2018. In its 2017-18 outlook paper, S&P highlighted the threat of increased competition, accelerated commoditization of service offerings and higher debt in response to pressure for both dividends and investment.

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Categories: General
Countries: Europe
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