S&P Says Wireless Sector Holding Up Well; Questions Remain
COVID-19 “has wreaked havoc on the U.S. economy since early March,” but S&P Global Ratings expects the U.S. wireless industry to “hold up reasonably well relative to other corporate sectors,” it reported Monday: “Competitive intensity among wireless companies should be…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
relatively steady over the next couple of years as T-Mobile embarks on its integration of Sprint. However, there is still a lot of uncertainty.” New competition from cable operators and Dish Network “could constrain top line and margin improvement,” S&P said.