|
|
 |
|
Viewing report
|
|
|
|
BellSouth Corp. Dec 04
Standard & Poors, Dec 2004
Abstract
Benefits from strong presence as one of the largest incumbent local telephone providers Financial metrics remain strong, even with incremental debt incurred for the AT&T Wireless acquisition by 40%-owned Cingular Wireless Superior operating efficiency in the wireline business relative to the other regional Bells. Extensive residential broadband footprint, with about 75% of homes passed capable of receiving DSL Continued growth in the long-distance business, which consists of 5.7 million customers Substantial wireless presence, with a 40% share of Cingular Somewhat significant tax-adjusted unfunded pension and OPEB liabilities Increased local voice competition from the cable TV operators as they implement VOIP-based services Lack of a video offering other than through a partnering agreement with DBS provider DIRECTV Ongoing competition from cable...
Companies mentioned in this report are: BellSouth Corp.,BellSouth Telecommunications Inc.,BellSouth Capital Funding Corp.,BellSouth Telecommunications 1994-A Pass Through Trust
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
|
|
|
|
