medium · Corporate Credit Analysis
A telecommunications incumbent has EBITDA of $2,000 million, capex of $600 million, and cash taxes of $400 million. Its interest expense is $500 million, amortization is $100 million, and rent (spectrum and land leases) is 150 million. Calculate the FCCR.
- 2.00x
- 1.33x
- 1.87x
- 1.67x
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