Wednesday 12 November 2014

CARE assigns ‘A-’ rating to Vindhya Telelinks’ long term rupee loan

Credit rating agency, CARE has assigned ‘A-’ rating to Vindhya Telelinks’ long term rupee loan facilities. Meanwhile, the rating agency has revised rating of the company’s long term bank facilities to ‘A-’ from ‘BBB’ earlier, while the rating agency has also revised the company’s short term bank facilities’ rating to ‘A2’ from ‘A3’ earlier.
The company is the leading supplier of Jelly Filled Telecommunication Cables and Optical Fiber Telecommunication cables to BSNL, MTNL and other leading user organizations like Railways, Defense, Coalfields, NTPC, SAIL, Atomic Energy, Bharti, Tata Tele Service, Reliance Infocom etc.

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