Business
Comcast Faces Credit Rating Downgrade
Moody’s has flagged a potential downgrade of Comcast’s credit ratings due to the company's planned split, which is expected to reduce revenue diversification. The move could impact the long-standing financial stability of the media giant.
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Many of Comcast’s long-impeccable credit ratings have been put under review for a potential downgrade by Moody’s due to the company’s planned split into two separate companies. A report issued Tuesday by the major ratings agency said the revenue mix that has sustained Comcast for 1
2026-06-30 19:29 UTC