Sunday, 04 December 2016

Fitch puts Vodafone on rating watch negative in wake of Ono deal

By Nick Wood, Total Telecom
Tuesday 18 March 14

Ratings firm's concerns realised as U.K. mobile giant splashes out €7.2 billion on Spanish cableco.

Fitch on Tuesday put Vodafone on rating watch negative after the U.K. mobile giant agreed a €7.2 billion deal to purchase Spanish cable operator Ono. The ratings firm at the beginning of March took a negative position on Voda's outlook partly due to the potential for future acquisitions…

Fitch on Tuesday put Vodafone on rating watch negative after the U.K. mobile giant agreed a €7.2 billion deal to purchase Spanish cable operator Ono. The ratings firm at the beginning of March took a negative position on Voda's outlook partly due to the potential for future acquisitions…

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