NEW YORK – Healthy fundamentals and good credit conditions led Moody's Investors Service to say on Wednesday that its outlook over the next 12-18 months for the U.S. cable television industry is positive. “This view is supported by continued strong, albeit moderating revenue and cash flow growth tempered somewhat by a heightened competitive environment and ongoing capital spending to further boost recent operating momentum gains. The positive outlook is also bolstered by the relative stability typically evidenced by domestic cable TV companies in times of economic uncertainty, with the value proposition afforded by the triple-play bundle of services and the...
