Date: 8 months ago   Category: IT & Media

S&P has upgraded the ratings of Veon and VimpelCom to "BB" — Rambler News Service


Photo: RIA News/Alexey Filippov the International rating agency S&P Global Ratings has improved the long-term credit rating of the issuer of Veon and the Russian operator "VimpelCom" (works under a brand Beeline) to "BB" with "BB", reports the agency. The forecast for the ratings of both companies — stable. S&P has explained these rating actions with the fact that Veon has finished the transaction on sale of 50% of stocks of the Italian mobile network operator Wind Tre of the Hong Kong company CK Hutchison for $2,9 billion. As a result of the transaction the relation of a net debt of Veon to EBITDA will decrease to 1,7 in comparison with 2,5 as of June, 2018. Earlier, on July 6, 2018, the ratings of Veon and VimpelCom have been placed by S&P in the list on revision with "positive" expectations. Now the agency has removed the ratings of the companies from this list.

URL:

Photo: Natalya of Seliverstov/RIA Novosti For the last two weeks in Russia the number of appeals of citizens to police concerning cases of plunder of their money by malefactors sharply grew when using information and payment terminals of Sberbank, the Kommersant newspaper with reference to the source close to law enforcement agencies reports. The f...


Photo: globallookpress.com the Share of the Russian export of services in the sphere of telecommunication, computer and information technologies made 8.1% of the volume of all export of services in 2018, in the sphere of a payment for use of intellectual property – 1.4%, it much lower than indicators of the EU, follows from "Monitoring of an econom...


The owner of Google, Alphabet corporation, stops cooperation with Huawei after entering of the company into the black list of the U.S. Government, Reuters with reference to a source, familiar with a situation, reports. "The belonging Alphabet Google stops cooperation with Huawei which demands transfer of the software, except for that, which with an...


Photo: www.globallookpress.com/Kremlin Pool the Head of Sberbank German Gref gave an assessment to influence of oligarchs on development of economy of Russia at the beginning of the 2000th. "The first years of our activity were connected directly with a large number of so-called oligarchs. There was a period when they were much stronger than the go...


In Sberbank there was no case of theft of money from the outside, except where the staff of bank was involved, the head of Sberbank German Gref in the Characters program on Russia 1 TV channel reported. "We had no case of theft of money from the outside, from the systems of bank, except cases when it included the staff of bank. And theft of money a...


Photo: RIA Novosti Belarus agreed on the draft of the road map with Russia on settlement of a situation with supply of oil and started its realization. BELTA with reference to the deputy prime minister of Belarus Igor Lyashenko reports about it. "Understanding importance of this document and need of its strict performance by all parties, I suggeste...