Home Credit Ratings and Research S&P Global Ratings’ Credit Research Telenet Group Holding N.V.

Telenet Group Holding N.V.

Published Feb 22, 2013

4416 words — Published Feb 22, 2013

Price US$ 500.00 | Buy this Report Now

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Abstract:

Strong market positions in broadband Internet and cable TV services in its service area. Sound EBITDA growth potential through growing uptake of profitable bundled services. A long-term capital structure with no significant debt maturities before 2017. Majority owner Liberty Global Inc.'s very aggressive financial risk policy and intention to maintain high leverage at Telenet. Aggressive shareholder remuneration policy. Fairly narrow network footprint. Threat of potential adverse changes in regulation. The ratings on Belgian cable operator Telenet Group Holding N.V. reflect Standard&Poor's Ratings Services' assessment of the group's business risk profile as "satisfactory" and financial risk profile as "highly leveraged." The "satisfactory" business risk profile is underpinned by what we see as the company's strong market positions as the

Brief Excerpt:

RESEARCH Telenet Group Holding N.V. Publication date: 22-Feb-2013 Primary Credit Analyst: Gergana Gotova, Frankfurt (49) 69-33-999-132; gergana_gotova@standardandpoors.com Secondary Contact: Guillaume Trentin, Paris (33) 1-4420-6736;...

Report Type:

Full Report

Ticker

TNET@BB

Issuer

Telenet Group Holding N.V.

Sector

Global Issuers

Country

Belgium

Region

United States

Format:

HTML

Summary: Telenet Group Holding N.V. – 2014/05/07 – US$ 225.00

Summary: Telenet Group Holding N.V. – 2014/12/02 – US$ 225.00

Telenet Group Holding Affirmed At 'B+' On Proposal To Buy KPN's Belgian Mobile Unit BASE; Outlook Stable – 2015/04/21 – US$ 150.00

Research Update: Telenet Group Holding Affirmed At 'B+' On Proposal To Buy KPN's Belgian Mobile Unit BASE; Outlook Stable – 2015/04/21 – US$ 225.00

Telenet Group Holding N.V. – 2015/07/27 – US$ 500.00

Summary: Telenet Group Holding N.V. – 2013/02/22 – US$ 225.00

Bulletin: Telenet Ratings Currently Unaffected By Its Main Shareholder's Bid To Take Over Virgin Media – 2013/02/06 – Free

Outlook On Belgian Cable Operator Telenet Revised To Stable On Reassessed Financial Policy; 'B+' Rating Affirmed – 2013/01/21 – US$ 150.00

Research Update: Outlook On Belgian Cable Operator Telenet Revised To Stable On Reassessed Financial Policy; 'B+' Rating Affirmed – 2013/01/21 – US$ 225.00

Belgian Cable Operator Telenet Assigned 'B+' Long-Term Rating; Proposed Notes Rated 'B+'; Outlook Positive – 2012/08/14 – US$ 150.00

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MLA:	S&P Global Ratings’ Credit Research. "Telenet Group Holding N.V." Feb 22, 2013. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Telenet-Group-Holding-N-V-1082696>

APA:	S&P Global Ratings’ Credit Research. (). Telenet Group Holding N.V. Feb 22, 2013. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Telenet-Group-Holding-N-V-1082696>

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