The debt ratings agency Moody's has written that Russia based Mobile TeleSystems' (MTS) rating benefits from the company's continuing strong operating and financial performance. However the rating is constrained by a degree of uncertainty over developments in the competitive environment of the company's core Russian market as a result of the introduction of mobile number portability (MNP) in December 2013 as well as the establishment of a joint venture between Tele2 Russia and Rostelecom.
In addition, MTS's rating is constrained by uncertainty with regard to the ongoing conflict between Russia and Ukraine, which may adversely affect MTS's businesses in both countries, although to differing extents.
No comments:
Post a Comment