S&P Global estimates total outstanding debt in the speculative-grade U.S. telecom and cable sector is about $275.4 billion. Most of the telecom debt issuers took advantage of historically low interest rates in 2020 and 2021 to refinance their capital structures and push out maturities until 2026 and 2027.   Wireless carriers spent heavily on acquiring spectrum … Continue reading Bloomberg: Higher borrowing costs hurting indebted wireless companies; industry is 2nd largest source of distressed debt