DGAP-News: Telefónica Deutschland Holding AG: Telefónica Deutschland receives first rating from Fitch and is ranked ,BBB'
DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Miscellaneous Telefónica Deutschland Holding AG: Telefónica Deutschland receives first rating from Fitch and is ranked ,BBB' 16.01.2013 / 18:29
16 January 2013 Telefónica Deutschland receives first rating from Fitch and is ranked ,BBB' MUNICH. Fitch Ratings has initiated its coverage for Telefónica Deutschland Holding AG by giving the company a 'BBB' rating with stable outlook. 'We are proud of the first 'BBB' rating and the positive signals this sends to the capital markets. The rating ensures that we will be able to benefit from attractive financing terms in the future,' says Rachel Empey, CFO of Telefónica Deutschland. 'The rating reflects our stand-alone position in a competitive market and the financial stability of Telefónica Deutschland.' The Telefónica Deutschland shares have been listed on the Prime Standard of the Frankfurt Stock Exchange since October 30, 2012. The successful initial public offering was the biggest at the Frankfurt stock exchange since 2007. For the year ended December 31, 2011, the company generated revenues of EUR 5 billion. Telefónica Deutschland Holding AG, listed at the Frankfurt Stock Exchange in the Prime Standard, and its wholly-owned, operationally active subsidiary Telefónica Germany GmbH & Co. OHG belong to Telefónica Europe and are part of the Spanish telecommunication group Telefónica S.A. The company offers its German private and business customers post-paid and prepaid mobile telecom products as well as innovative mobile data services based on the GPRS, UMTS and LTE technologies with its product brand O2. In addition, the integrated communications provider also offers DSL fixed network telephony and high-speed internet. Telefónica Europe has more than 105 million mobile and fixed network customers in Spain, Great Britain, Ireland, the Czech Republic, Slovakia and Germany. Further information Press Office Telefónica Deutschland Georg-Brauchle-Ring 23-25 80992 Munich Germany Ralf Opalka Press Spokesman www.telefonica.de/presse http://blog.telefonica.de End of Corporate News
16.01.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English Company: Telefónica Deutschland Holding AG Georg-Brauchle-Ring 23-25 80992 München Germany Phone: +49 (0)89 24 42 0 Internet: www.telefonica.de ISIN: DE000A1J5RX9 WKN: A1J5RX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service