Our 'A-' rating on Comcast Corp. is derived from: Our anchor of 'a-', based on our "strong" business risk and "intermediate" financial risk profile assessments for the company. We used 'a-' as the anchor instead of 'bbb+' because we believe Comcast is at the better end of the "strong" business risk profile due to its good profitability and industry-leading subscriber trends. The modifiers had no impact on the rating. Company's cable business has one of the highest EBITDA margins in the sector, which we expect to remain steady in the 40% area; Lower video subscriber losses than most of its peers; Benefits from expected ongoing growth in broadband subscribers; NBCUniversal (NBCU) provides some diversity, and its cable programming business provides
