Overview Key strengths Key risks The preeminent rated U.S. communications and media company, with leading global distribution operations complemented by a better-positioned media and entertainment company. Cable's broadband pillar faces increasing competition as telecommunication (telco) companies increase fiber-to-the-home (FTTH) buildouts and wireless operators offer 5G fixed wireless services. Comcast has significant financial flexibility, even after capital returns, internal investments, and modest merger and acquisition (M&A) activity, to remain within the thresholds for the 'A-' rating. Short-term macroeconomic risks rise as economic growth slows and high inflation persists. While cable is less exposed to recessionary pressures, Comcast?s media businesses are directly affected by economic cyclicality. Leading high-speed broadband service in much of its operating territories should position Comcast for continued solid
