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Emirates Telecommunications Grp Co PJSC: Update to credit analysis

Our credit view of this issuer reflects its stable financial performance and excellent liquidity, balanced exposure to riskier regions and some increase in leverage due to M&A

Emirates Telecommunications Grp Co PJSC: Update to credit analysis

Our credit view of this issuer reflects its strong liquidity profile, supported by high cash balances, offset by its high concentration in the UAE.

Emirates Telecommunications Grp Co PJSC: Acquisition of Eastern Europe...

The deal will diversify the company's operations into benign geographies but increase its net leverage.

Emirates Telecommunications Grp Co PJSC: Update to credit analysis

Our credit view of e& reflects its leading position in the lucrative UAE market and strong credit metrics, balanced by its exposure to riskier regions and acquisitive strategy.

Emirates Telecommunications Grp Co PJSC: Acquisition of majority stake...

The transaction is credit neutral, but demonstrates e&'s increased willingness to acquisitions which may pose a risk to the strength of its balance sheet

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