Fitch affirms Transtel

Fitch Ratings said it has taken the following rating actions for Transtel Intermedia SA as follows: foreign currency issuer default rating affirmed at C, local currency issuer default rating affirmed at C and $170 million senior notes due 2016 affirmed at C/RR4.

All ratings are removed from rating watch negative, the agency said.

The outlook is stable.

Fitch noted that the rating action reflects the completion of the payment of the coupon of the $170 million notes due 2016 within the 30 day cure period that was due in June 1, 2008 and was partially paid at that time.

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