Second-tier market operator, which provides some protection from the aggressive local telephone company video competition in the intermediate term; Position as dominant provider of pay-TV services; and Growth potential from advanced services including high-speed Internet (HSD), digital video, video-on-demand, and cable telephone. Highly leveraged financial profile; Aggressive competition from direct-to-home satellite TV providers and local telephone companies; Small company size with minimal cost-saving opportunities; and Concentration in below-average growth markets in western Pennsylvania. The ratings on Quincy, Mass.-based cable TV provider Atlantic Broadband Finance LLC reflect a highly leveraged financial profile; aggressive competition from direct-to-home (DTH) satellite TV providers for video services and local telephone companies for high-speed data (HSD) and telephone services; cost disadvantages from small company size; and
