Mediacom Communications Corporation has announced that Standard and Poor´s (“S&P”) has elevated the Company´s corporate credit to an investment grade rating of BBB, the company said.
With a stable outlook, the rating represents an improvement of two notches above Mediacom´s prior rating of BB+.
Mediacom Communications is the 5th largest cable operator in the United States and the gigabit broadband provider to smaller markets primarily in the Midwest and Southeast. Through its fiber-rich network, Mediacom provides high-speed data, video and phone services to over 1.4 million households and businesses across 22 states. More information about Mediacom is available at www.mediacomcable.com.