News: United States Cellular Corp (USM.N)

USM.N on New York Stock Exchange

40.72USD
1:45pm EDT
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$-0.44 (-1.07%)
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$41.16
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$41.54
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Mon, Nov 26 2012

TEXT - Fitch rates Telephone & Data Systems notes 'BBB'

Nov 26 - fitch Ratings has assigned a 'BBB' long-term debt rating to Telephone and Data Systems, Inc.'s (TDS) proposed million unsecured senior notes due 2061. Proceeds from the offering will be used principally for general corporate purposes. The Rating Outlook is Negative. In Fitch's view, TDS has some flexibility to withstand operating challenges at its current rating category. The company has a good cash position, undrawn committed revolver lines, no material maturities in the next 20 ye

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