Telecommunications Services


Fitch Upgrades Smartfren and its IDR603bn Bond to 'CCC(idn)'

(The following statement was released by the rating agency) JAKARTA/SINGAPORE/SYDNEY, October 02 (Fitch) Fitch Ratings has upgraded Indonesia-based PT Smartfren Telecom Tbk's (Smartfren) National Long-Term Rating to 'CCC(idn)' from 'CC(idn)'. At the same time, Fitch has upgraded Smartfren's IDR603bn bond to 'CCC(idn)' from 'CC(idn)'. The bond, originally IDR675bn in size, was issued in 2007 by PT Mobile-8 Telecom Tbk. 'CCC' National Ratings denote that default is a real possibility. Capacit

2:01am EDT

SE Asia Stocks -Indonesia hits over 2-month low amid foreign selling

BANGKOK, Oct 2 - Indonesian shares hit their lowest in more than two months on Thursday amid foreign selling of large caps and concerns about the ability of the incoming government to enforce reforms, while Thai stocks fell after data showed weak consumer confidence. Most other Southeast Asian stock markets edged down, in line with Asian peers after a slew of weak global manufacturing data. Indonesia underperformed the region with a loss of 1.9 percent at 5,041.89, falling at o

UPDATE 1-Big U.S. wireless carriers, Dish plan bids in airwaves auction

WASHINGTON, Oct 1 - Three of the four largest U.S. wireless carriers and satellite provider Dish Network Corp plan to bid in the Federal Communications Commission's November auction of airwaves, according to initial applications released on Wednesday.

Dish enters joint bidding agreements for U.S. airwaves auction

WASHINGTON, Oct 1 - Dish Network Corp has entered joint bidding arrangements for an upcoming U.S. airwaves auction with Northstar Wireless LLC and SNR Wireless LicenseCo LLC, according to documents disclosed on Wednesday.

U.S. delays plans to replace site host -WSJ

Oct 1 - The U.S. government has shelved plans to move the insurance website to a new host, the Wall Street Journal reported on Wednesday.

Telecommunications Services
Verizon Communications Inc $49.43 -1.12%
AT&T Inc $34.96 -0.79%
Crown Castle International Corp $79.98 -0.68%


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