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Fitch Publishes Ratings Navigator for 14 Latin America TelcosFitch Ratings has published its new Rating Navigators for the following Latin America telecommunications companies: America Movil S.A.B. de C.V. Axtel, S.A.B. de C.V. Colombia Telecomunicaciones S.A., E.S.P. Comcel Trust Digicel (News - Alert) Group Limited Empresa de Telecomunicaciones de Bogota, S.A., E.S.P. Empresa Nacional de Telecomunicaciones S.A. (ENTEL) Millicom (News - Alert) International Cellular S.A. Oi, S.A. Telefonica Chile S.A. Telefonica Moviles Chile S.A. Telefonica (News - Alert) del Peru, S.A.A. Telefonica Celular del Paraguay S.A. Telemovil El Salvador, S.A. These reports should be read in conjunction with the 'Introducing Rating Navigators for Corporates' report dated Nov. 5, 2014 and the 'Telecommunications: Ratings Navigator Companion' dated Nov. 17, 2014. For more information, please visit corporatesshowcase.fitchratings.com/navigator.htm. Additional information is available on www.fitchratings.com Applicable Criteria and Related Research: America Movil S.A.B. de C.V. - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=831468 Axtel (News - Alert), S.A.B. de C.V. - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=831488 Colombia Telecomunicaciones S.A. E.S.P. - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=832408 Comcel Trust - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=832428 Digicel Group Limited - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=832588 Empresa de Telecomunicaciones de Bogota - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=832528 Empresa Nacional de Telecomunicaciones S.A. - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=831528 Millicom International Cellular S.A. - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=833409 Oi, S.A. - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=832488 Telefonica Chile S.A. - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=831489 Telefonica Moviles Chile S.A. (Movistar) - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=831508 Telefonica del Peru, S.A.A. (TDP) - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=832508 Telefonica Celular del Paraguay S.A. - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=832448 Telemovil El Salvador, S.A. - Ratings Navigator http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=832468 ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON (News - Alert) THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.
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