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Moody's upgrades its DTAC rating.
(From The Nation (Thailand))
Byline: The Nation.
Moody's Investors Service yesterday upgraded its corporate family and senior unsecured rating for Total Access Communications Plc (DTAC), reflecting the company's strong and improving financial and operational profiles.
The operations will position it well to absorb the evolving competitive pressures in the domestic cellular market, the rating agency said in a statement issued from Hong Kong.
The rating was upgraded toBa1 from Ba2 with a positive outlook.
The positive outlook reflects Moody's expectation that DTAC will execute its business growth plan in a conservative manner, and …
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