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Alaska Communications Systems Group Inc. Outlook Revised To Negative; 'B+' Rating Affirmed Sep 11
Standard & Poors, Sep 2011
Abstract
We are revising our outlook on U.S. diversified telecommunications carrier Alaska Communications Systems (ACS) to negative from stable. At the same time, we are affirming all ratings on ACS, including our 'B+' corporate credit rating. The negative outlook reflects our expectation that Verizon's entrance into the Alaskan wireless market could meaningfully affect ACS' financial performance over the next few years. NEW YORK (Standard & Poor's) Sept. 14, 2011--Standard & Poor's Ratings Services said today that it revised its outlook on Anchorage-based diversified telecommunications carrier Alaska Communications Systems Group Inc. (ACS) to negative from stable. At the same time, we affirmed all ratings on the company, including the 'B+' corporate credit rating. 'The outlook revision reflects our view that there is...
Companies mentioned in this report are: Alaska Communications Systems Group Inc.,Alaska Communications Systems Holdings Inc.
Action: Affirmed
Action: Outlook: Negative
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: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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