Fitch Withdraws Rtgs For Companhia Riograndense de Telecomunicacoes.Business Editors CHICAGO--(BUSINESS WIRE)--Jan. 26, 2001 Fitch fitch: see polecat. has withdrawn its ratings for Companhia Riograndense de Telecomunicacoes (CRT (1) (C RunTime) See runtime library. (2) (Cathode Ray Tube) A vacuum tube used as a display screen in a computer monitor or TV. The viewing end of the tube is coated with phosphors, which emit light when struck by electrons. ). CRT was recently acquired outright by Brasil Telecom Brasil Telecom S.A. (BrT) is a major Brazilian telecommunications company headquartered in the Brazilian capital of Brasilia. The company is one of three land line telephone companies in Brazil that emerged from the break-up of Telebrás. S.A. and will be fully consolidated as a Brasil Telecom operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. . The ratings withdrawal does not imply a change in the credit quality of CRT or its parent Brasil Telecom S.A. Fitch had assigned international scale foreign currency and international scale local currency ratings for CRT of 'BB-' and 'BBB-', respectively. |
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