The document discusses the strategic moves by a company to cancel its dividend, sell non-core assets, and increase capital spending for a multi-year turnaround to better compete in the future. It highlights the challenges faced by the commercial sector due to newer technologies and the transition from legacy to strategic products. The document also touches on the impact of tax reform on the industry, providing enterprises with more capital for IT infrastructure upgrades and telecom services expansion.
doj/DataSet10/EFTA01385483.pdf
{"title":"HY Corporate Credit - HY Multi Sector.Media. Cable & Satellite","document_date":"January 2018","document_type":"financial","key_organizations":["Deutsche Bank Securities Inc."],"reference_numbers":["DB-SDNY-0086769","SDNY_GM_00232953","EFTA01385483"]}