Fitch Affirms Batelco at 'BBB-'; Outlook Stable
 

22-11-12 04:46 PM

Fitch Ratings has affirmed Bahrain-based Batelco's debt ratings at 'BBB-'. The Outlook on the IDR is Stable. The rating reflects Batelco's leading position in the domestic market, its robust free cash flow (FCF) on a group level despite elevated competition and EBITDA margin pressure.

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