Emerging Credit Rating Limited (ECRL) affirmed BBB (Pronounced as Triple B) long term credit rating and ST-3 short term credit rating to Ranks Telecom Limited. The outlook of the rating is Stable. The company is engaged as an operator of International Gateway Services (IGW) in Bangladesh. The ratings are consistent with ECRL’s methodology for this type of company. The ratings are based on audited financial statements of FY2021-FY2025 and other relevant qualitative and quantitative information up to date of rating. The rating is valid from February 13, 2026 to February 12, 2027. The ratings may be changed or revised prior to expiry, if warranted by extraordinary circumstances in the management, operations and/or performance of the entity rated.