Moody’s Affirm Ooredoo Credit Rating at A2

Doha, – Ooredoo’s long term corporate credit ratings have been affirmed at A2 by credit rating agency Moody’s with an upgrade to Ooredoo’s outlook from negative to stable, Ooredoo said on Tuesday.

Moody’s latest research update on Ooredoo reflects its expectations that the EBITDA margin and free cash flow improvement derived from Ooredoo’s efficiency drive will continue over the next two years.

Source: Qatar News Agency