Bloomberg News

S&P Revises Deutsche Telekom Outlook to ‘Stable’ From ‘Positive’

November 29, 2011

Nov. 29 (Bloomberg) -- Deutsche Telekom AG had its outlook revised to ‘stable’ from ‘positive’ at Standard & Poor’s Ratings Services. The credit rating company affirmed the BBB+ long-term and A-2 short-term corporate credit ratings.

“The outlook revision reflects our expectation that the currently weakening macroeconomic environment will negatively affect Deutsche Telekom’s revenue prospects, particularly at its European segment,” S&P said in a statement today.

To contact the editor responsible for this story: Mariajose Vera at mvera1@bloomberg.net


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus