Browsing: Moody’s

The halving of mobile phone termination rates will hurt MTN and Vodacom but benefit smaller operators, Moody’s said on Monday. Vodacom will be hardest hit because it had the biggest share of the South African mobile telecommunications market, with 47%, and the bulk of its cash flow came

Roads agency Sanral’s credit rating has been affirmed by rating agency Moody’s Investors Service, according to a report. Sanral’s credit rating has been downgraded three times since February last year and was placed under review for a downgrade in September, according to a report in the

Struggling telecommunications operator Telkom has suffered another blow after ratings agency Standard & Poor’s downgraded its credit rating on Tuesday, warning that the continued decline in its fixed-line business and losses in mobile will result in further profit erosion. S&P cut Telkom’s credit

Eskom is concerned about its one notch downgrading by rating agency Standard & Poor’s, the power utility said on Wednesday. “Although Eskom’s credit rating remains investment grade, with the support of government, the recent downgrades by Moody’s and Standard & Poor’s are

International credit agency Moody’s this week cut its ratings outlook for JSE-listed fixed-line telecommunications operator Telkom. This followed the agency’s downgrading of SA’s government bond rating last week. The move is likely to make it more difficult for Telkom to raise debt, at least at interest rates it would

International credit ratings agency Moody’s has placed Telkom on review for a possible downgrade due to increased concerns about the company’s operating challenges. Moody’s senior analyst Soummo Mukherjee says the agency is worried about