Standard & Poor’s affirms Ooredoo at ‘A-’; outlook stable

Ooredoo has announced Standard and Poor’s affirmation of Ooredoo’s long-term corporate credit ratings at ‘A-’. In its latest research update, Standard and Poor’s highlighted its view of Ooredoo’s improved liquidity due to significant cash balances and a balanced debt maturity profile. Its assessment of Ooredoo’s competitive positioning was also revised upwards.