Standard and Poor’s Upgrades Ooredoo’s Outlook to
Positive; Rating Affirmed at ‘A-’
January 15, 2017
Ooredoo Q.S.C. (''Ooredoo'') - Ticker: ORDS - notes
Standard and Poor’s affirmation of Ooredoo’s
long term corporate credit ratings at ‘A-''
and its change in Outlook from Stable to
Positive. Standard and Poor’s change in
Outlook is based on its expectation that
Ooredoo will require lower capital
expenditure, resulting in higher free
operating cash flow in 2017 and 2018.