Ooredoo Q.S.C. -- Moody's affirms Ooredoo's A2 ratings reflecting rationalisation of operations; outlook stable

Madrid, August 15, 2016 -- Moody's Investors Service, ("Moody's") today affirmed Qatar domiciled telecommunication services provider Ooredoo Q.S.C.'s (Ooredoo) A2 long-term issuer rating reflecting EBITDA margin improvements post-implementation of its rationalisation strategy. As part of the rating action, Moody's also affirmed the A2 senior unsecured ratings of Ooredoo's wholly owned finance vehicle, Ooredoo International Finance Limited (OIF); and the A2 senior unsecured rating of Ooredoo Tamweel Limited. The outlook on all the ratings has been changed to stable from negative.

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