OREANDA-NEWS. Tele2, alternative mobile operator, reports that АК&M rating agency has affirmed the national scale credit rating of LLC T2 RTK Holding at “A+” (Stable Outlook).

Rating at “A+” means very high credit solvency. According to AK&M analysts, key factors to support a high rating position are as follow: stable stance as the federal mobile operator, efficiency of the company’s business model, positive operating cash flows and increase in subscriber base.

According to АК&M analysts, the Tele2 stance on the Russian mobile market is becoming stronger. After integration of Rostelecom’s mobile assets, Tele2 is controlling about 15% of Russia’s subscriber base and increasing its share on telecommunications market of the country. As of 1Q16, the number of subscribers totaled 38.4 mn people, having gained 3.4 mn y-o-y. According to AC&M Consulting, in 4Q15 the operator accounted for 46% of new additions in Russia, whereas in 1Q16 the indicator totaled 100%.

АК&M analysts also point out the stability of operating net cash flow. As of 2015, it increased 5.2% on a yearly basis and totaled 18.7 bn rubles. In 1Q16, the indicator surged 74.9% compared to the same period last year.