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General

Telecom Italia rating revised to stable - Fitch

Monday 23 November 2015 | 08:40 CET | News
Ratings agency Fitch has revised Telecom Italia's outlook to stable from negative and affirmed the company's rating at 'BBB-', above all due to the performance of its domestic performance and its long-term network investment strategy. Although Italy's next generation access (NGA) coverage remains among the lowest in Europe's largest economies, management at Telecom Italia appear focused on improving this position, said Fitch, with the company expecting to have reached 40 percent NGA coverage by the end of the 2015 and having set a target of 75 percent coverage by 2017. The ratings agency also

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Categories: General
Companies: Telecom Italia / Vivendi
Countries: Italy
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