Credit agencies hold Singtel's rating steady post-acquisitions
Equity analysts also largely neutral, though one downgrades the stock
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Singapore
THE proposed acquisitions of interests in the wireless markets of Thailand and India by Singapore Telecommunications (Singtel) will have no impact on its credit rating, three credit rating agencies have said.
Equity analysts were also largely neutral, though one flagged the deal as negative for the group in the short term due to sharply lower free cashflow for the year.
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