Fitch turns Turk Telekom, Turkcell view to stable

Fitch Ratings said it revised the outlooks on Turk Telekomunikasyon AS’ and Turkcell Iletisim Hizmetleri AS’ foreign-currency issuer default ratings to stable from negative and affirmed all ratings.

The actions follow the outlook revision on Turkey’s foreign-currency and local-currency long-term IDRs to stable from negative on Feb. 19, the agency said.

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