Fitch: LatAm Telecom Faces Negative Outlook for 2017 on Mature Market and High Competition

CHICAGO–(BUSINESS WIRE)–Link to Fitch Ratings’ Report: 2017 Outlook: Latin America Telecommunications (Unabated Pressures amid Weak Growth)https://www.fitchratings.com/site/re/890981 The 2017 rating and sector outlooks for Latin American telecommunications have shifted from stable to negative, with any material improvement unlikely in 2017 as negative trends prevail, according a new Fitch Ratings report. “Negative factors facing the industry include mobile service maturity and a high level of