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Kcell announces that Fitch Ratings upgraded company’s ratings to BB+, outlook Stable
/KASE, June 25, 2020/ – Kcell (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE as follows:
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Kcell Joint Stock Company («Kcell» or the «Company») (LSE, KASE: KCEL), the leading provider of mobile telecommunications services in Kazakhstan, announces that Fitch Ratings upgraded Kcell’s Long-Term Issuer Default Rating ("IDR") from BB to BB+, outlook Stable.
Fitch Ratings also raised long-term rating of a parent company, Kazakhtelecom, from BB+ to BBB-, outlook Stable.
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[2020-06-25]