While regulatory decisions in the first half of 2021 were favorable for the telco industry (i.e. credit neutral), increasing leverage, softening return-on-invested capital (ROIC), acquisition activity and higher than expected spectrum spending are beginning to weigh on the credit metrics. Join Scott Rattee, Senior Vice President, Credit Ratings - Consumer, Communications, Retail & Media, and Vikas Munjal, Vice President, Credit Ratings - Retail, Consumer Products and Communications, for a discussion on the prime factors influencing the credit outlook for the Canadian telcos, and whether these factors are expected to form a longer-term trend or are transitional.
The presentation will be followed by a Q&A session for the audience to participate in the discussion.