S&P Sees Cable, Telecom Stability and Wireless, Wireline Challenges

The credit outlook this year for cable and telecom infrastructure companies remains stable, but wireline and wireless companies have a negative outlook, S&P Global Ratings said in a news release Monday. It said recent tax changes will help the balance sheets of some U.S. cable and telco operators, and the big issues facing the wireless sector are pricing and competition, while for wireline it's accelerating revenue declines and for cable it's the growth of over-the-top services. It said 5G could be a future threat for cable.