Moody's Upgrades Mediacom

Author:
Publish date:

Moody's Investors Service upped its outlook on Rocco Commisso's Mediacom
Communications Corp. to "stable" from "negative," noting that the MSO's ratings
"are no longer likely to be lowered" following successful integration of its
former AT&T Broadband systems.

Moody's said Mediacom could get a "positive" outlook if it completes its
rebuild and generates positive cash flow later this year.

Related