Thu, Jan 26, 2017
Annalisa Di Chiara a Moody's Vice President and Senior Credit Officer said,”The downgrade primarily reflects our expectation that RCom's leverage, as measured by consolidated debt/EBITDA (including Moody's adjustment for spectrum liabilities) will remain above 7x over the next 6-9 months while the company pursues regulatory, shareholder and debt holder approvals for its announced restructuring, including the de-merger of its wireless business and sale of its tower assets.”
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