...Fitch Ratings has affirmed the Long-Term Issuer Default Ratings (IDRs) of Comcast Corp. (Comcast), Comcast Holdings Corporation (CHC), Comcast Cable Communications, LLC (Comcast Cable), and NBCUniversal Media, LLC (NBCUniversal) at `A¡'. The Rating Outlook remains Stable. Fitch has also affirmed the 'A-' senior unsecured instrument ratings at Comcast, Comcast Cable, NBCUniversal and Sky Limited (Sky), as well as the 'BBB' senior subordinated instrument ratings at CHC. Additionally, Fitch has affirmed Comcast's 'F-1' Short-Term IDR and commercial paper (CP) ratings. Comcast's strong cable and entertainment positions ensure stable revenue and cash flow, with $19.1 billion in liquidity and a 2.6x leverage ratio as of December 31, 2024. By maintaining a balanced capital allocation policy through free cash flow and debt to manage maturities, buybacks, and dividends, Fitch expects Comcast's leverage and credit rating to remain stable over the forecast period....
