All posts in S&P
S&P highlights French mobile operator troubles, takes France Telecom down a grade
Citing concerns about mobile pricing pressure in the French market and an anticipated big drop in France Telecom / Orange’s earnings, S&P has decided to follow Fitch’s lead and cut France Telecom’s debt rating to BBB+, the third lowest investment grade. This cut puts France Telecom somewhere in the middle of the European telco pack […]