Dominant provider of pay TV services in its markets; Competitive pressures from satellite TV providers, incumbent phone companies, and cable overbuilders (a cable provider that enters a market as a competitive provider to the incumbent); Small scale and low system densities; Favorable programming agreement with Comcast Corp.; and Healthy EBITDA margins. Leverage in the low to mid-4x area in 2017, with expected improvement in 2018 because of modest earnings growth; Potential dissolution of the partnership with Comcast longer-term could result in leverage rising above 6.0x; and Free operating cash flow (FOCF) to debt in the 3%-7% area over the next couple of years driven by continued strong earnings growth in broadband services. The stable outlook reflects S&P Global Ratings' expectation
