S&P upgrades rating on Windstream outlook

Standard & Poor's Rating Service has raised its ratings outlook on Windstream Communications to "stable" from "negative," for what S&P says is the independent telco's ability to mitigate the effect of voice revenue losses by offsetting them with data and Internet revenue gains. Windstream should share its secret with the rest of the telecom industry. Most telcos are trying everything they can think of to offset declining voice circuits and revenue, but these efforts remains works in progress. I don't know that any of them have gotten the vote of confidence from industry trackers that S&P is giving Windstream.

For more:
- read this Associated Press story at CNN Money

Suggested Articles

With the hurricane season looming large starting next month, Verizon is taking extra steps to keep its business and residential customers connected.

Telefónica's cybersecurity company, ElevenPaths, announced on Tuesday that it has achieved Amazon Web Services Security Competency status.

In the most recent earnings calls, some telecommunications executives expressed their concern over how the COVID-19 crisis was impacting SMBs.