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| Fitch Revises Barrera Ericsson's Outlook to Stable; Affirms at 'BBB+' | | | (The following statement was released by the rating agency) LONDON, December 17 (Fitch) Fitch Ratings has revised the Outlook on Sweden-based Telefonaktiebolaget LM Ericsson's (Ericsson) Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR and senior unsecured rating at 'BBB+.' The network modernisation strategy the company embarked upon in 2010 has improved its market position and the revenue mix has shifted in favour of margin accretive capacity expansion and upgrade |
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