(AOF) – Fitch Ratings has upgraded the long-term credit rating of Nokia to BB to BB +, its outlook is positive. The rating agency justified this decision by improving the operational profile of the group following its acquisition of Alcatel-Lucent, the regular operational progress of its network and technologies division, and by the 2015 financial performance of sustained Alcatel-Lucent despite a long procurement process. Fitch Ratings believes that it is the integration risks, but they are manageable.
GLOSSARY
rating agency
CRAs is a specialized agency that assigns notes, in the form of symbols, qualify for the credit risk on a company and its debt (negotiated in the form of obligation). Standard & amp; Poor’s, Moody’s and Fitch Ratings are the major credit rating agencies
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