Fitch affirms Qwest

Fitch Ratings said it affirmed Qwest Communications International, Inc.'s issuer default rating at BB.

Additionally, Fitch said it has affirmed the issuer default ratings of Qwest's wholly owned subsidiaries including Qwest Corp. as well as the specific issue ratings as highlighted below.

The outlook for Qwest and its subsidiaries is stable.

Fitch noted that the ratings are supported by the operating margin improvement derived from ongoing cost reductions and productivity enhancements coupled with the debt reduction achieved by the company to date.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.