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© 2021 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. Ratings tab on the issuer/entity page on for the most updated credit rating action information and rating history. ForĪny credit ratings referenced in this publication, please see the Web site at This publication does not announce a credit rating action. One of our global press information hotlines: London +44-20-7772-5456, NOTE TO JOURNALISTS ONLY: For more information, please call Pressure on leverage and potentially create negative pressure on companies' Rather than making large debt-funded acquisitions that would put Moody's expects Telecoms M&A to be limited to strengtheningĮxisting footprints in a bid to enhance mobile/fixed convergence, MegaFon PJSC (Ba1 negative) and Vimpel-Communications PJSC (Vimpelcom,īa3 stable) remains negative as the economic crisis in Russia continues Operators, Mobile TeleSystems PJSC (MTS, Ba1 negative), Kuwait, Oman, Qatar and the United Arab Emirates and countriesĬonversely, the outlook on the "Big Three" Russian mobile Is stable, negative pressure on revenue growth could build in someĬommodity-driven markets where GDP growth is slowing, including While the outlook for African, Middle East and Turkish telecom markets Thanks to recently increased data allowances and speed increases for premium Moody's expects positive ARPU for Deutsche Telekom AG (Baa1 stable) Up from €68.80/month in the first quarter. (ARPU) of €71.80 per month in the second quarter of 2015, (Baa2 stable), which reported domestic average revenue per user Many companies are already offering premium packages and charging a premiumįor these services, including Telefónica S.A. Providers return to revenue growth in 2016," says Carlos Winzer,Ī Moody's Analyst and author of the report. Leading to price increases will underpin European telecommunications service Is available on "Increasing demand for broadband, improved consumer spendingĬapacity and a change in focus from price competition to service quality EMEA: Revenue Growth Rings in Change of Outlook to Stable", Moody's report, titled "Telecommunications Service Providers Says Moody's Investors Service in a report published today. Grow by 1%-2% in the next 12-18 months asĬustomers increase their demand for broadband and are able to spend more,
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Stable from negative as the companies' revenues are expected to Madrid, Octo- The outlook for Europe's telecoms service industry has changed to