S&P: eAccess BB+, notes BB

Standard & Poor's said it assigned a BB+ long-term issuer credit rating to eAccess Ltd. and a BB issue rating to the company's foreign-currency-denominated senior notes due 2018.

The outlook is stable.

The long-term issuer credit rating reflects the company's satisfactory market position in the domestic asymmetric digital subscriber line market as well as its emerging position in the mobile market, where the company has a unique niche focus on mobile data communication and is cost competitive compared with larger peers, the agency said.

The rating considers the company's limited market position and intense competition in the business, the agency added.

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