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Fitch Maintains Vodafone's Rating on Broad Operational Footprint, Strong Liquidity

MT Newswires·09/14/2026 00:26:46
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12:26 AM EDT, 09/14/2026 (MT Newswires) -- Fitch Ratings on Sept. 11 affirmed its long-term issuer default rating on Vodafone Group (VOD.L) at BBB, with a stable outlook. The rating agency cited the British telecommunications group's "disciplined" financial policy and diversified operations across Europe, the Middle East and Africa. Fitch also pointed to Vodafone's strengthened position in the UK and its strong liquidity. Fitch expects Vodafone's leverage headroom and solid operating profile to support the rating over the medium term, provided it delivers sufficient improvements in its cost structure and cash flow.