The Russian operator ER Telecom has introduced it has stopped working with the worldwide ranking company Commonplace and Poor’s (S&P).
In a press release it stated: “As a result of change within the macroeconomic scenario, the significance of worldwide credit score rankings for Russian corporations has considerably decreased. On this scenario, the holding determined to cease cooperation with Commonplace and Poor’s and increase cooperation with nationwide ranking businesses”.
ER Telecom, which is likely one of the main suppliers of digital communication providers in Russia, added earlier that the nationwide ranking company Skilled RA affirmed the credit standing of ER-Telecom Holding JSC at ruBBB+ with a optimistic outlook. The NKR additionally assigned the corporate an A-.ru credit standing with a steady outlook.