Moody's downgrades Cable One's credit rating due to weak broadband trends

se.investing.com (Swedish)

Moody's downgraded Cable One's credit rating due to weak broadband trends. The downgrade reflects a weaker credit profile than anticipated through 2028, impacted by the Mega Broadband acquisition and slower stabilization of core business operations amidst increasing competition. Cable One faces significant uncertainty regarding its capital structure and future debt obligations following the acquisition, with revenue and subscriber base declines reported.


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