Business & Finance Print edition: 2019-10-15

VIS reaffirms PTCL's credit ratings

Published October 15, 2019 Updated October 15, 2019 07:10am

Long-term rating of 'AAA' denotes highest credit quality, with negligible risk factors, being only slightly more than for risk-free debt of Government of Pakistan. The short-term rating of 'A-1+' denotes highest certainty of timely payment, liquidity factors are outstanding and safety is just below risk free short-term obligations of Government of Pakistan. Outlook on the assigned ratings is 'Stable'.

PTCL is the leading Integrated Information Communication Technology (ICT) Company in Pakistan, having the largest fixed-line network in the country. The company's products and services include voice services, high-speed broadband internet, CharJi wireless internet, Smart TV (IPTV) service, Smart TV App and Touch App, digital-content streaming services like icflix, and enterprise-grade platforms like Smart Cloud, Tier-3 Certified Data Centers, Managed and Satellite Services.-PR

Copyright Business Recorder, 2019
0