UBS lowered AT&T and Verizon to "neutral" from "buy," saying it believes the weak economy is pressuring wireline fundamentals. "Uverse and FiOS growth should continue but the contribution remains too small to offset expected weakness in core residential revenues," UBS told clients Mon. — Time Warner Cable has commenced an underwritten public offering of debt securities with maturities ranging from 5-30 years, the net proceeds from which are expected to partly finance the MSO’s 1-time dividend related to its planned separation from Time Warner. Fitch Ratings has assigned a ‘BBB’ rating to the notes.

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On the Circuit

The Mid-America Cable Telecommunications Association recently elected three new members to its board: PeakView Solutions ’ Eric Claytor ; Cunningham Fiber ’s Drew Cunningham ; and NCTC ’s Pam Gillies

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