Risk-to-Price Commentary: American Tower Corp. And CenturyTel Inc. Mar 10
Standard & Poors, March 2010
Abstract
The S&P 500 Index's telecommunications services sector price index has risen just 23% since September 1989 (see chart), which is just a fraction of the gains made by some of the better performing sector indices such as health care (465%), energy (418%) and information technology (411%). Utilities, the sector price index with the second worst performance, has appreciated 59% since September 1989. During late 1999 and early 2000 the technology and telecom sectors of the stock market became synonymous with a period of time that was later to become known as the internet "bubble." While the technology sector subsequently went on to at least partially deliver on the hope and expectations of the "bubble" era, telecom has delivered relatively subpar...
Companies mentioned in this report are:
- CenturyLink Inc.
- GTE Corp.
- Indiana Bell Telephone Co.
- BellSouth Telecommunications Inc.
- Sprint Nextel Corp.
- Wisconsin Bell Inc.
- Cincinnati Bell Telephone Co.
- AT&T Inc.
- Centel Capital Corp.
- Sprint Capital Corp.
- Nextel Communications Inc.
- FairPoint Communications Inc.
- American Tower Corp.
- Valor Telecommunications Enterprises LLC
- Windstream Corp.
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: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
- CenturyLink Inc.
- GTE Corp.
- Indiana Bell Telephone Co.
- BellSouth Telecommunications Inc.
- Sprint Nextel Corp.
- Wisconsin Bell Inc.
- Cincinnati Bell Telephone Co.
- AT&T Inc.
- Centel Capital Corp.
- Sprint Capital Corp.
- Nextel Communications Inc.
- FairPoint Communications Inc.
- American Tower Corp.
- Valor Telecommunications Enterprises LLC
- Windstream Corp.
Customers who bought this item also bought
All rights reserved. © Copyright 2013 Research and Markets WWW5
Terms and Conditions Privacy Policy Publishers Employment Opportunities Site Map Link to us Webmaster Affiliate Network
