Doha - Mubasher: Standard and Poor’s (S&P) Ratings Services Company ranked Qatar’s Ooredoo at the long-term level of (A-).
S&P said that the Qatari telecom provider saw an improvement in its liquidity, a result to the high cash balance and a comfortable debt maturity, as well as the growing competitive position.
The Qatar listed company earlier reported a net profit of QAR 756 million in the first nine months of 2015, versus QAR 375 million in the same period of 2014, with a rise of 101.6%.
