HALIFAX, May 5 /CNW/ - Credit and stability ratings for Bell Aliant (TSX: BA.UN) were confirmed today by DBRS and Standard & Poor's (S&P).
S&P confirmed its 'BBB' rating for long-term corporate credit and upgraded its outlook from negative to stable. Also today, DBRS confirmed its long-term and short-term credit ratings at, respectively, BBB (high) and R-1(low) and STA-2 (high) stability rating.
"We see this as a positive endorsement of our plans to advance our core strategic objectives," said Glen LeBlanc, executive vice-president and chief financial officer. "We have taken a responsible, balanced approach in developing our new dividend policy and are equally excited about our plans to further launch fibre to the home to our customers."
About Bell Aliant
Bell Aliant (TSX: BA.UN) is one of North America's largest regional communications providers. Through its operating entities it serves customers in six Canadian provinces with innovative information, communication and technology services including voice, data, Internet, video and value-added business solutions. Through its xwave offices, Bell Aliant also provides IT professional services and advanced technology solutions. Bell Aliant's employees are committed to deliver the highest quality of customer service, choice and convenience.
SOURCE Bell Aliant Inc.
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