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Emirati Telco e& Assigned Rating, Outlook by Fitch Amid Strong Market Position

MT Newswires·12/05/2025 10:11:04
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10:11 AM EST, 12/05/2025 (MT Newswires) -- Fitch on Friday assigned Emirates Telecommunications Group (ADX:EAND), d/b/a e&, a long-term issuer default rating and senior unsecured debt rating of AA-. The outlook on the Emirati telecommunications company's long-term issuer default rating is stable. The rating agency said the key rating drivers include e&'s leading position in domestic mobile and fixed services; its operations across Europe, the Middle East and Africa, which is expected to drive long-term growth potential; as well as its strong liquidity position.