OREANDA-NEWS. Fitch Ratings has today affirmed Russia-based OAO North-West Telecoms' ("NWT") ratings at Issuer Default 'B+' and National Long-term 'A(rus)' and removed them from Rating Watch Evolving ("RWE"). Stable Outlooks are assigned to both ratings.

Its Short-term rating is affirmed at 'B'. Fitch has also assigned NWT's planned RUB2 billion domestic bond maturing in five years an expected National Long-term rating of 'A(rus)'.

The final rating on the bond is contingent on the receipt of final documents conforming to information already received.

The Rating Watch is resolved after NWT's board recommended an acquisition of 100% of PTT, an alternative telecoms operator in the city of St.Petersburg.