Fitch Rates Qwest Corp.'s Senior Unsecured Note Offering 'BBB-/RR2'; Outlook Stable
We think Embarq's strong cash flow and financial position are key strengths as it competes for telecom customers.
We're raising our Embarq fair value estimate.
We don't expect Adtran's fourth-quarter results to be anything to write home about, but, in our opinion, we could be nearing the bottom in the access equipment spending slowdown, and Adtran should see improving fundamentals as it moves into 2007. Adtran has struggled through most of 2006 as carrier ...