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Fitch affirms North-West Telecom A(rus) national rating
Fitch Ratings said it affirmed Russia-based OAO North-West Telecoms' national long-term rating at A(rus) with a stable outlook.
Fitch said the rating reflects North-West Telcoms' dominant market position as a regional incumbent telecoms operator. The company controls about 76% of the local services market and is well positioned to retain its dominance in this segment. At the start of 2006, the company operated 4.3 million fixed lines, of which two million were in the city of St. Petersburg, its largest geographical market.
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