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Short Take: Telco court decision to have little credit impact

Standard and Poor's analysts said that Monday's Supreme Court decision on regulating the Baby Bell companies would have little short term credit implications for the telcos. Wall Street overreacted by sending the stock prices of Baby Bell companies south, while boosting the stocks of competitors, analysts said.

Standard and Poor's analysts said that Monday's Supreme Court decision on regulating the Baby Bell companies would have little short term credit implications for the telcos. Wall Street overreacted by sending the stock prices of Baby Bell companies south, while boosting the stocks of competitors, analysts said.