Fitch Ratings affirms National Long-Term Rating of Dialog Ax

Fitch Ratings affirms National Long-Term Rating of Dialog Axiata at 'AAA (lka)', Outlook Stable – The Island

The affirmation and Stable Outlook reflect Fitch’s view that Dialog will be able to maintain a credit profile commensurate with a ‘AAA(lka)’ rating in the next 12-18 months, despite lower demand for telecom services, escalating costs and a significant increase in the company’s debt amid the Sri Lankan rupee’s devaluation. Dialog’s rating is driven by […]

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