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S&P Credit Research433 word report
published Sep 24, 2008
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| Abstract: | LONDON (Standard&Poor's) Sept. 24, 2008--Standard&Poor's Ratings Services said today that its ratings and outlook on Emirates Telecommunications Corp. (Etisalat; A+/Stable/A-1), the former incumbent fixed-line and leading mobile telecommunications operator in the United Arab Emirates are unaffected by the announcement that Etisalat will acquire about 45% of Indian mobile operator Swan Telecom Private Ltd. for $900 million in cash. Swan Telecom holds licenses in 13 telecom service areas in India, and is in the process of acquiring licenses in an additional two telecom service areas. Together these licenses enable the company to provide services covering a population of over 900 million across India. Etisalat has adequate financial flexibility at the rating level to fund the transaction, which
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| Brief Excerpt: | RESEARCH Ratings Definitions Bulletin: Emirates Telecommunications Corp. (Etisalat) Ratings Unaffected By Announced India Venture Publication date: 24-Sep-2008 Primary Credit Analyst: Michael O'Brien, London (44) 20-7176-3561; michael_obrien@standardand...
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| Report Type: | News
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| Ticker: | DU@UH
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| Issuer: | Emirates Telecommunications Corp. (Etisalat)
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| GICS: | Integrated Telecommunication Services (50101020)
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| Sector: | Corporations, Global Issuers, Telecommunications & Cable
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| Country: | United Arab Emirates
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| Region: | Europe, Middle East, Africa
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
Also from S&P Credit Research
- Emirates Telecommunications Corp. (Etisalat) $400.00
Strong market position as former incumbent fixed telephony operator with good broadband growth potential. Market leader in mobile telephony in two-player domestic market. Implicit support from the government of the United Arab Emirates. Very ...
- Summary: Emirates Telecommunications Corp. (Etisalat) $175.00
The ratings on Emirates Telecommunications Corp. (Etisalat), the former incumbent fixed-line and leading mobile telecommunications operator in the United Arab Emirates (UAE), is based on the company's stand-alone credit profile (SACP), which ...
- Summary: Emirates Telecommunications Corp. (Etisalat) $175.00
The 'A+' rating on Emirates Telecommunications Corp. (Etisalat), the former incumbent fixed-line and leading mobile telecommunications operator in the United Arab Emirates (UAE) is based on the company's stand-alone credit profile (SACP), which ...
- Summary: Emirates Telecommunications Corp. (Etisalat) $175.00
The 'A+' ratings on Emirates Telecommunications Corp. (Etisalat), the former incumbent fixed-line and leading mobile telecommunications operator in the United Arab Emirates (UAE) are based on the company's stand-alone credit profile (SACP), ...
- Summary: Emirates Telecommunications Corp. (Etisalat) $175.00
The ratings on Emirates Telecommunications Corp. (Etisalat), the former incumbent fixed-line and leading mobile telecommunications operator in the United Arab Emirates (UAE), are supported by the company's leading market position in both fixed ...
- Summary: Emirates Telecommunications Corp. (Etisalat) $175.00
The ratings on Emirates Telecommunications Corp. (Etisalat), the former incumbent fixed-line and leading mobile telecommunications operator in the United Arab Emirates (UAE) are supported by the company's leading market position in both fixed ...
- Emirates Telecommunications Corp. $400.00
Strong market position as former incumbent fixed telephony operator with good broadband growth potential Market leader in mobile telephony in two-player market Implicit support from the government of the United Arab Emirates Very high operating ...
- Summary: Emirates Telecommunications Corp. $175.00
The ratings on Emirates Telecommunications Corp. (Etisalat), the former incumbent fixed-line and leading mobile telecommunications operator in the United Arab Emirates (UAE) are supported by the company's leading market position in both fixed ...
