| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers P > Headlines for Philippine Long Distance Telephone Co. > News item |
S&P affirms Philippine Long Distance Telephone
Standard & Poor's said it affirmed its BB+ foreign currency rating on Philippine Long Distance Telephone Co. (PLDT).
The outlook is stable.
The rating on PLDT reflects its leading market position and improving financial profile, the agency said, adding that nevertheless, these strengths are offset by declining domestic subscriber growth and high price competition.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.