Telecom Services – Foreign

(FTE) France Telecom Orange Expands Flexible Computing

France Telecom (FTE) intends to provide a secure end-to-end platform for passing business applications to the cloud infrastructure by expanding Flexible Computing service offering.

The company expects to draw benefits like rapid...

13Sep2013 | | Comments Off on (FTE) France Telecom Orange Expands Flexible Computing | Continued

(SI) Siemens AG Inaugurates New Facility

Siemens Energy, a division of Siemens AG (SI), recently opened a new facility in Charlottesville, VA, for manufacturing innovative airfoil components for gas turbine blades and vanes. The new technology is licensed with Mikro Systems,...

16May2013 | | Comments Off on (SI) Siemens AG Inaugurates New Facility | Continued

(SI) Siemens Marginally Beats Estimates

Despite the macroeconomic headwinds, Siemens AG (SI) reported relatively modest results for the first quarter of fiscal 2013 with a net income of $1.57 billion (€1.21 billion) or $1.84 per share (€1.42) compared to $1.79 billion...

30Jan2013 | | Comments Off on (SI) Siemens Marginally Beats Estimates | Continued

(TEF) Telefonica Continues Divestments

In a bid to lower the debt level, Spanish telecom giant Telefonica S. A. (TEF) has planned to divest its call center business, Atento, to privately-held Bain Capital for €1 billion ($1.3 billion). The deal value includes a deferred...

23Oct2012 | | Comments Off on (TEF) Telefonica Continues Divestments | Continued

(TEF) Telefonica S.A. to Sell Hal of Stake in China Unicom

Spanish telecom giant Telefonica S. A. (TEF) plans to sell almost half (4.56%) of its stake in China’s second largest mobile operator China Unicom (CHU).

Telefonica...

11Jun2012 | | Comments Off on (TEF) Telefonica S.A. to Sell Hal of Stake in China Unicom | Continued

(FTE) France Telecom – ADR- Bear of the Day

We are downgrading our recommendation to Underperform on France Telecom (FTE). The company reported lackluster results in the first nine months due to weak mobile device sales in France, higher VAT rates and challenging economic conditions...

20Dec2011 | | 0 comments | Continued

(SKM) Don’t Get Trapped by High Dividends

High-dividend stocks are always popular, and why not? When the market is fickle and when it’s difficult to earn steadily from price movement of stocks, a high cash-dividend payer could be a good bet.

Cash dividends could return more than what you would have earned had you saved your money...

14Dec2011 | | 0 comments | Continued

(FTE) France Telecom – ADR – Bear of the Day

We are downgrading our recommendation to Underperform on France Telecom (FTE). The company reported lackluster results in the fist nine months due to weak mobile device sales in France, higher VAT rates and challenging economic conditions...

8Dec2011 | | 0 comments | Continued

(BT) Company News for July 22, 2011 – Corporate Summary

•    BB&T Corp. (NYSE:BBT) reported Q2 EPS of $0.44, slightly above the Zacks Consensus Estimate of $0.42 per share. Revenues rose 7% year-over-year to $2.18 billion, beating the Zacks Consensus Estimate of $2.148 billion

•   ...

22Jul2011 | | 0 comments | Continued

(BT) Company News for July 22, 2011 – Corporate Summary

•    BB&T Corp. (NYSE:BBT) reported Q2 EPS of $0.44, slightly above the Zacks Consensus Estimate of $0.42 per share. Revenues rose 7% year-over-year to $2.18 billion, beating the Zacks Consensus Estimate of $2.148 billion

•   ...

22Jul2011 | | 0 comments | Continued

(SKM) SK Telecom to Roll Out LTE

The South Korean telecom giant SK Telecom Corp Ltd (SKM) has joined hands with telecom carriers for the commercial deployment of Long Term Evolution (LTE) services, also known as 4G networks. Given the surge in data traffic demand,...

3Jul2011 | | 0 comments | Continued

(TEF) Spain Holds Mobile Spectrum Auction

Spain has put its mobile telecom licenses on auction for the very first time. The Spanish government will raise roughly €1.45 billion ($2.05 billion) to control budget deficit.

Spain will auction 58 blocks with frequency bands of 800 megahertz (MHz), 900 MHz and 2.6 gigahertz (GHz). Each...

1Jul2011 | | 0 comments | Continued

(SKM) Spectrum on Auction in South Korea

The South Korean telecom regulator will hold an auction for radio spectrum in early August. The Korea Communications Commission (KCC) will raise roughly KRW 1.5 trillion ($1.1 billion) by providing several frequency bands to Korean mobile operators, thereby changing their competitive positions.

The...

24Jun2011 | | 0 comments | Continued

(MICC) Millicom International Cellular S.A. Analyst Upgrades Shares to Outperform

We upgrade our recommendation on Millicom International Cellular S.A. (MICC) to Outperform. Millicom reported excellent financial results for the first quarter of 2011, easily beating the Zacks Consensus Estimates.  This fabulous...

29May2011 | | 0 comments | Continued

(BT) BT Group Rated Buy by ValuEngine.com

BT Group (BT) plc is a holding corporation which operates primarily through British Telecommunications plc, an international provider of tele-communications services. The Company provides local and long-distance telephone call products and services in the United...

9May2011 | | 0 comments | Continued

(MICC) Millicom International Cellular Outperforms in 2011 First Quarter

Millicom International Cellular S.A. (MICC) declared its first quarter of 2011 financial results. Net income for the first quarter of 2011 was $230 million or $2.17 per share compared with $156 million or $1.43 per share in the year-ago...

27Apr2011 | | 0 comments | Continued

(TEF) Telefonica Sets 3-Year Growth Plan

Spanish telecom giant Telefonica (TEF) set its annual revenue growth target at 1% to 4% through 2013 at its investor meeting in London.

A weak Spanish market remains a concern for the company as customers are switching to cheaper...

18Apr2011 | | 0 comments | Continued

(TLK) P.T. Telekomunikasi Indonesia Outlook Bright

P.T. Telekomunikasi Indonesia Tbk. (TLK), the largest telecom operator in Indonesia, recently provided a solid financial outlook for the ensuing fiscal 2011. The company estimated its total revenue in fiscal 2011 to grow by 7%-8% year...

13Apr2011 | | 0 comments | Continued

(MICC) Millicom International Cellular S.A. Shares Downgraded to Underperform

We downgrade our recommendation for Millicom International Cellular S.A. (MICC) to Underperform based on its current valuation. The stock price has moved up by nearly 40% in the past year and is trading at its 52-week high at present....

21Jan2011 | | 0 comments | Continued

(TEF) Telefonica Reports Strong Quarterly Earnings Results

Spanish telecom giant Telefonica (TEF) reported results for the first nine months of 2010 with earnings per share of €1.95 ($2.57) above €1.17 in the year-ago period. Despite weak Spanish operations, revenue growth in Latin America...

15Nov2010 | | 0 comments | Continued

(SKM) SK Telecom Reports Profit Decrease Due to Costs

SK Telecom Corp. Ltd. (SKM), a leading South Korean telecom operator, declared depressed financial results for third quarter 2010. Net income plunged 13% year over year to KRW 364 billion ($309 million) due to higher investment in...

28Oct2010 | | 0 comments | Continued

(NTT) Nippon Telegraph & Telephone Gets Dimension Data

Nippon Telegraph & Telephone Corp. (NTT), the largest integrated telecom operator in Japan, has received a shot in its arm to boost its cloud computing and integrated communications services business.  Last July, NTT had taken...

17Oct2010 | | 0 comments | Continued

(SI) Siemens AG – ADR- Bull of the Day

We are upgrading our Neutral recommendation on Siemens (SI) to Outperform with a $121 target price. Revenue and orders both increased year-over-year in the third quarter of 2010.

Revenue also increased sequentially for the second...

23Sep2010 | | 0 comments | Continued

(SKM) SK Telecom Corporation Ltd. to Enter LightSquared Venture

SK Telecom Corp. Ltd. Co. (SKM), the largest wireless carrier of South Korea, is again trying its luck in the nearly saturated but lucrative U.S. wireless market. The company has decided to invest in the LightSquared venture, which...

21Sep2010 | | 0 comments | Continued

(TEF) Telefonica Analyst Upgrades Shares to Outperform

We are upgrading our recommendation to Outperform from Underperform for Telefonica (TEF), the largest telecom carrier in Spain and Latin America. Currently, the stock has Zacks #2 (Buy) Rank.

We believe the overhang...

17Sep2010 | | 0 comments | Continued

(MICC) Millicom International Cellular SA to Redeem Bonds

Millicom International Cellular SA (MICC) intends to redeem in full the 2013 10% high yield bond in December 2010. The redemption will play an important role in Millicoms’s financial strategy by reducing the cost of financing,...

12Sep2010 | | 0 comments | Continued

(MTE) India to be Focus of Next Big Telecom Push

India, the second largest emerging market in the world, is likely to turnout as a “Treasure Island” for the global telecom equipment manufacturing giants. According to recent news in The Economic Times, the first phase of 3G networks deployment in India may provide a business opportunity of approximately...

8Sep2010 | | 0 comments | Continued

(NTT) Nippon Telegraph & Telephone Pursues Global Ambitions

Nippon Telegraph & Telephone Corp. (NTT), the largest integrated telecom operator in Japan, has taken a major strategic move to boost its cloud computing and integrated communications services businesses throughout...

3Sep2010 | | 0 comments | Continued

(NTT) Nippon Telegraph & Telephone Consolidating Cloud Computing

Nippon Telegraph & Telephone Corp. (NTT), the largest integrated telecom operator in Japan, has taken a major strategic move to boost its cloud computing and integrated communications services business. The company has decided...

1Aug2010 | | 0 comments | Continued

(SKM) SK Telecom in Talks with Apple

Telecommunications companies in South Korea are looking at various options to improve their deteriorating profits by developing products that bundle fixed-line, mobile and Internet services.  As part of this endeavour, SK Telecom (SKM),...

18Jul2010 | | 0 comments | Continued