LONDON -- Standard&Poor's CreditWire 9/17/97 -- Standard&Poor's today assigned its double-'A'-minus long-term and 'A-1'-plus short-term corporate credit ratings to Deutsche Telekom AGDT), (the rating is not guaranteed by the Federal Government). The outlook is stable. The rating reflects the company's very strong business profile tempered by aggressive levels of debt and an increasingly competitive operating environment. With total 1996 revenues of Deutsche mark (DM) 63 billion (approximately US$35 billion), DT is the largest telecom operator in Europe and the third-largest in the world. The company's business profile, as the primary operator in Europe's largest telecom market, is exceptionally strong. DT is currently the sole provider of public fixed-network voice telephony in Germany and has almost 45
