Fitch affirms Comcast

Fitch Ratings said it has affirmed the BBB rating on the senior unsecured debt of Comcast Corp. and its subsidiaries that hold substantially all of its cable businesses including: Comcast Cable Communications Holdings Inc., Comcast Cable Communications LLC., Comcast Cable Holdings LLC, Comcast MO Group Inc., and Comcast MO of Delaware LLC.

Additionally Fitch has affirmed the BBB- rating on the senior subordinated debentures of Comcast Holdings Corp.

Fitch has assigned an F2 short-term rating to Comcast's commercial paper program and in turn has withdrawn its F2 short-term rating assigned to Comcast Cable Communications LLC.

Fitch said it has revised its outlook for all of the ratings to positive from stable.

Fitch's outlook reflects Comcast's strengthened financial performance and capital structure which have driven steady improvement in the company's credit metrics over the past two years, as well as Fitch's expectation of continued positive operating trends and sustainable free cash flow generation.

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