Kazakhtelecom announced that Fitch Ratings affirmed its ratings

18.06.19, 11:33
/KASE, June 18, 2019/ – Kazakhtelecom (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE as follows: quote Fitch Ratings maintained Kazakhtelecom’s BB+ rating on Rating Watch Positive (RWP). Analysts say that the key factor for maintaining high rating is successful completion of the deal to acquire a 75% stake in Kcell JSC (Kcell) and significant progress with the announced acquisition of the remaining 49% share in the Tele2/ Altel JV. unquote Detailed information is available on KASE website (in Russian) at – http://kase.kz/files/emitters/KZTK/kztk_reliz_180619_1.pdf [2019-06-18]