Emerging Credit Rating Limited (ECRL) has upgraded long term rating to AA (Pronounced as Double A) and affirmed ST-2 short term credit rating to ADN Telecom Limited . The outlook on the rating is Stable. The rating is based on the audited financial statements of FY2022 to FY2025 and other qualitative and quantitative information available up to date of rating. The rating is valid from November 12, 2025 till November 11, 2026. 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.