corporates Ratings /ratings/en/sector/corporates/technology-media-telecom content
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Technology, Media & Telecom

Ratings should remain largely stable through 2019, although the global rating outlook bias has been trending negative in recent years. We attribute this change to weaker balance sheets, as well as structural and competitive factors in maturing markets, especially the U.S. Notably, Western Europe has become somewhat more negative over the past year, with M&A activity and shifting currency values contributing to our expectation of more leveraged balance sheets.

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