Business - n.a.

Moody´s Downgrades Telekom Austria

Published: January 19, 2012; 18:42 · (Vindobona)

The U.S. rating agency lowered Telekom Austria´s rating from A3 to Baa1, which is due to the weak business development.

Moody´s Downgrades Telekom Austria / Picture: © Moody's Investors Service, Inc. - Annual Report 2013

Moody´s decided to downgrade Telekom Austria from A3 to Baa1. Besides the market environment and the cash-flow, the revenues were analyzed. The rating agency is in doubt whether Telekom Austria can improve its performance in 2012 compared to 2011. Telekom Austria´s business development is regarded as weak – in Austria as well as in foreign markets. “The performance is still under…

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Moody´s Downgrades Telekom Austria

The U.S. rating agency lowered Telekom Austria´s rating from A3 to Baa1, which is due to the weak business development.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.