Articles tagged with: Federal Communications Commission and Fitch

U.S. Telecom and Cable Credit Profiles to Weaken in 2009

Debt ratings agency, Fitch has issued a report where it says it believes that growing event risk associated with economic, competitive and regulatory pressures will weaken the credit profile of most operators within the U.S. telecommunications and cable sector in 2009. Growing unemployment, continuing home foreclosures, the acceleration of cord-cutting, evolution of wireless smart-phone-based data services, and a changing regulatory environment with a new Federal Communications Commission (FCC) make-up and key regulatory programs up for reform represent some of the challenges to the industry in 2009.  more

Related Tags: roaming, arpu, rsa, verizon-wireless, verizon, alltel, compete, fcc, verizon-communications, satellite, 3, level-3, embarq, centurytel, centennial-communications, USA

Modest Credit Effects for U.S. Wireless Operators Following 700 MHz Auction

Fitch Ratings says that it expects the recent 700 MHz auction will have only modest credit implications for wireless operators. Verizon Communications and AT&T have significant capacity and financial flexibility to absorb the approximately $18.5 billion of 700 MHz spectrum purchased by the two companies. Other well-capitalized, smaller operators, with strong balance sheets and good free cash flow prospects, should be in a good position to fund future build-outs.  more

Related Tags: fitch-ratings, verizon, verizon-communications, USA