... the sector's negative rating outlook to stabilize in 2016 as ratings are resolved (likely at lower levels) upon the completion of several large transactions announced in 2015. The transactions include Charter Communications, Inc.'s (Charter) acquisitions of Bright House Networks LLC (Bright House) and Time Warner Cable, Inc. (TWC), Altice N.V.'s acquisition of Cablevision Systems Corporation and Frontier Communications Corporation's purchase of access lines from Verizon Communications Inc. Stable Operating Profiles: Fitch expects wireless and wireline data service growth to provide the foundation for a stable sector outlook in 2016. Overall, Fitch anticipates revenue growth will again be in the 3% to 4% range with stable operating margins. Facilities-based wireless service providers continue to enjoy the strongest competitive position, reflecting the growing demand for mobile data services. However, modest subscriber growth is challenging...
