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Standard & Poor's affirms Comstar UTS and MGTS ratings

© RIA Novosti . Alexey Kudenko / Go to the mediabankStandard & Poor's affirms Comstar UTS and MGTS ratings
Standard & Poor's affirms Comstar UTS and MGTS ratings - Sputnik International
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International ratings agency Standard & Poors has raised its forecast for Russian fixed-line operator Comstar UTS and its MGTS subsidiary to positive from steady, the agency said on Tuesday.

International ratings agency Standard & Poors has raised its forecast for Russian fixed-line operator Comstar UTS and its MGTS subsidiary to positive from steady, the agency said on Tuesday.

The agency has also affirmed the companies' long-term corporate credit ratings at BB and national scale ratings at ruAA.

The new ratings are in line with that of Comstar's parent Mobile TeleSystems (MTS BB/Positive), which already owns 63% of Comstar, the agency said.

 

MOSCOW, August 3 (RIA Novosti)

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