Last Updated: Wednesday, December 5, 2012, 20:48
Weak balance sheets due to hefty outgo of funds for new licences will reflect negatively on the 2013 outlook for the country's scam impacted telecom sector, credit rating firm Fitch said Wednesday.
Last Updated: Monday, December 3, 2012, 18:33
"Policy slippage and/or mounting evidence of a structural decline in the trend growth rate, such as protracted relatively weak economic data, could cause the ratings to be downgraded," Fitch said.
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