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London-based Fitch Ratings upgraded the local currency issuer rating and foreign currency bond rating of dominant carrier Philippine Long Distance Telephone Co. (PLDT) to two notches above the minimum investment grade on the back of a stable outlook.

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                    [Title] => Competition in Phl telecom industry more fierce: Fitch
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Bucket-priced promos and more subsidies to mobile customers will make competition among top telcos in the Philippines more fierce in the upcoming years, debt watcher Fitch Ratings forecasts.

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LONG-TERM LOCAL-CURRENCY

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London-based Fitch Ratings upgraded the local currency issuer rating and foreign currency bond rating of dominant carrier Philippine Long Distance Telephone Co. (PLDT) to two notches above the minimum investment grade on the back of a stable outlook.

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                    [Title] => Competition in Phl telecom industry more fierce: Fitch
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abtest

Fitch hikes PLDT rating 2 notches above invest grade

By Lawrence Agcaoili | April 2, 2013 - 12:00am

London-based Fitch Ratings upgraded the local currency issuer rating and foreign currency bond rating of dominant carrier Philippine Long Distance Telephone Co. (PLDT) to two notches above the minimum investment...

Business

Competition in Phl telecom industry more fierce: Fitch

April 1, 2013 - 8:00pm

Bucket-priced promos and more subsidies to mobile customers will make competition among top telcos in the Philippines more fierce in the upcoming years, debt watcher Fitch Ratings forecasts.

Business