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Fitch: Total Access positive
Fitch Ratings said it has revised Total Access Communication Public Co. Ltd.'s outlook to positive from stable.
At the same time, the agency said it has also affirmed the company's long-term foreign- and local-currency issuer default ratings at BBB-, national long-term rating at A+(tha), national short-term rating at F1(tha) and the national long-term rating on its senior unsecured debentures at A+(tha).
The outlook revision reflects Fitch's expectation that the regulatory environment for the telecom industry in Thailand will improve after the completion of 3G spectrum auction in October, the agency noted.
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