Telecommunications Services


Fitch Upgrades Telecel to 'BB+'; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, December 01 (Fitch) Fitch Ratings has upgraded Telefonica Celular del Paraguay S.A.'s (Telecel) long-term foreign currency Issuer Default Rating (IDR) and its USD300 million senior unsecured notes to 'BB+' from 'BB'. The Rating Outlook is Stable. The upgrade reflects Fitch's upgrade of Paraguay's sovereign rating in 2015, which resulted in an upgrade of its country ceiling to 'BB+' from 'BB'. Fitch also believes that the

9:24pm GMT

Deals of the day- Mergers and acquisitions

Dec 1 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Tuesday:

9:06pm GMT

Orange hires Morgan Stanley and BNP as M&A advisers - sources

LONDON/PARIS, Dec 1 French telecoms group Orange has hired investment banks Morgan Stanley and BNP Paribas to assess the merits of doing a deal with other network operators in Europe, including Telecom Italia , two sources with direct knowledge of the matter said.

7:33pm GMT

UPDATE 3-UnitedHealth CEO defends possible exit of Obamacare exchanges

NEW YORK, Dec 1 UnitedHealth Group Inc's chief executive officer on Tuesday defended the company's possible withdrawal from the Obamacare health insurance exchanges, calling the 2015 expansion into two dozen states a "bad decision."

6:31pm GMT

BRIEF-Go internet reaches 30,503 active customers as of Nov. 30

* Reaches 30,503 active customers as of Nov. 30, an increase of 37 percent year on year

5:37pm GMT
Telecommunications Services
Vodafone Group PLC 222.00p -1.00%
BT Group PLC 492.25p -0.85%
Inmarsat PLC 1,120.00p +0.45%


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