Fitch Ratings has assigned India’s Sistema Shyam Teleservices Ltd’s (SSTL) INR 7.5 billion term loan from Punjab National Bank a National Long-term rating of ‘A-(ind)(SO)’.
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Fitch Ratings has assigned India’s Sistema Shyam Teleservices Ltd’s (SSTL) INR 7.5 billion term loan from Punjab National Bank a National Long-term rating of ‘A-(ind)(SO)’.
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The developments like an intensifying tariff war, increased leasing of passive infrastructure and adoption of mobile number portability and spectrum auctions will witness consolidation in the telecom industry, according to global credit rating agency Fitch.