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Fitch ups Verizon short-term rating
Fitch Ratings said it affirmed the A- long-term issuer default ratings and senior unsecured debt ratings for Verizon Communications Inc. and its subsidiaries.
Fitch upgraded Verizon's short-term issuer default rating and commercial paper rating to F1 from F2.
The upgrade of the short-term ratings follows publication of Fitch's revised short-term rating criteria on May 2.
The short-term ratings were previously under criteria observation.
The outlook is stable.
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