Corporates

Communication

Name Date Rating Type Long Term Short Term Outlook Action
Engro Enfrashare (Pvt) Ltd 9/8/2023 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2 Stable Reaffirmed
Pak Telecom Mobile Limited 11/22/2023 Entity
AA- High credit quality; Protection factors are strong. Risk is modest but may vary slightly from time to time because of economic conditions.
A-1 Stable Reaffirmed
Pakistan Telecommunication Company Limited 11/7/2023 Entity
AAA Highest credit quality; the risk factors are negligible, being only slightly more than for risk-free Government of Pakistan’s debt.
A-1+ Stable Reaffirmed
Pakistan Telecommunication Company Limited 12/18/2023 STS
A-1+ Stable Preliminary
Pakistan Telecommunication Company Limited 1/16/2024 STS-2
A-1+ Stable Preliminary
Pakistan Telecommunication Company Limited 3/18/2024 STS-3
A-1+ Stable Preliminary
Tower Power (Pvt) Limited 2/21/2024 Entity
A- Good credit quality; Protection factors are adequate. Risk factors may vary with possible changes in the economy.
A-2 Stable Reaffirmed