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European rating agency. Objective, transparent, independent.

Deutsche Telekom International Finance B.V.

Rating History

Rating Watch Outlook Decision Date Action Validity Date Maximum Validity
BBB+ Outlook STA 25.10.2019 05.11.2019
BBB+ Outlook STA 31.10.2018 07.11.2018

News

  • 05.11.2019
    Creditreform Rating has updated the unsolicited corporate rating of Deutsche Telekom International Finance B.V. (DTIF) and confirmed it at BBB+ with stable outlook. The rating assessment is derived from the unsolicited corporate issuer rating of the parent company Deutsche Telekom AG (BBB+ / stable) due to corporate and liability laws as well as financial and strategic interdependencies. Key factor for the assessment of Deutsche Telekom AG is the operational and financial capacity which derives from a sustained positive business development despite a high intensity of competition and the fast moving and capital intensive business. The capital market capability which has been proved over the years acts as a stabilizer as well. The positive turnover and result trend of this year compensates the weaker annual result of 2018, but the increased financial indebtedness has a dampening effect on the rating. The group, which is one of the leading global telecommunication companies, should be able to deal with the operative and financial challenges connected to the 5G network expansion and the planned merger of TMUS and Sprint.
  • 07.11.2018
    Creditreform Rating has carried out an unsolicited rating of Deutsche Telekom International Finance B.V. The rating has been set to BBB+ with stable outlook.