Wireless Communications

(PCS) MetroPCS Communications Receives Revised Deal Term

MetroPCS Communications Inc. (PCS) has received another bid offer from T-Mobile USA, subsidiary of Deutsche Telekom AG to woo shareholders who stood against the proposed merger. Last week, T-Mobile, in its final offer to MetroPCS,...

27Apr2013 | | Comments Off | Continued

(AMX) America Movil Tops 1Q Earnings

America Movil (AMX), the largest telecom carrier in Latin America, has reported first-quarter 2013 earnings per ADR of 56 cents, moving ahead of the Zacks Consensus Estimate of 48 cents. However, the results decreased 13.6% from 65...

22Apr2013 | | Comments Off | Continued

(CHL) 4G LTE to Dominate Chinese Telecom

Research firm IHS iSuppli predicts that 4G LTE (Long Term Evolution) will propel the next phase of growth in the Chinese telecom space on account of which China Mobile Limited (CHL) will have a significant lead over its rivals based...

22Feb2013 | | Comments Off | Continued

(TU) Telus Takes Over Digital WYZDOM

Telus Corporation (TU) completed the acquisition of leading digital forensics provider– Digital WYZDOM Inc. and Digital WYZDOM Forensics Inc. None of the firms disclosed the financial terms of the deal. Following the transaction,...

18Feb2013 | | Comments Off | Continued

(AAPL) Apple Shares Are Cheap!

In focus this week; AAPL is dirt cheap, making money on the end of cash and a sitfa in honor of our entitlement system. No matter how you look at it AAPL is cheap! So says Barron’s. (And...

6Jan2013 | | 0 comments | Continued

(S) DISH Network Forms Partnership With Sprint-Nextel

A recent Bloomberg report stated that Sprint Nextel Corp. (S) is trying to forge a partnership with DISH Network Corp. (DISH) that will enable DISH to offer its own...

11Dec2012 | | Comments Off | Continued

(TDS) U.S. Cellular and Sprint Strike a Deal

One of the premier wireless service providers and a subsidiary of Telephone and Data Systems Inc. (TDS), United States Cellular Corporation (USM), recently announced...

3Dec2012 | | Comments Off | Continued

(CHU) China Unicom Sees Profits Soar

The second largest mobile operator, China Unicom (CHU) announced the results of the first nine months of 2012 with earnings per share of RMB 0.23 (or 3 cents), up 27.8% from the year-ago period. Adjusted net income surged 33.3%...

31Oct2012 | | Comments Off | Continued

(CLWR) Clearwire Retains Standard & Poor’s Rating

Rating agency Standard & Poor’s (S&P) has announced that Clearwire Corporation (CLWR), which offers Wi-Max services in the U.S. will not be immediately affected by Japan-based Softbank’s 70% acquisition of Sprint-Nextel...

29Oct2012 | | Comments Off | Continued

(S) Sprint-Nextel Eyes Majority Stake in Clearwire

Third largest wireless carrier in the U.S. – Sprint-Nextel Corporation (S) – has been striving to achieve majority control over mobile virtual network operator (MVNO) Clearwire Corporation (CLWR)....

20Oct2012 | | Comments Off | Continued

(DT) Thoratec: A Strong Buy

Potential growth prospects in the Destination Therapy (DT) market and raised guidance have helped Thoratec Corp. (THOR), provider of mechanical circulatory support devices, achieve a Zacks #1 Rank (Strong Buy) on October 03, 2012....

10Oct2012 | | Comments Off | Continued

(PCS) MetroPCS Communications Finalizes Merger Plan

MetroPCS Communications, Inc. (PCS) and Deutsche Telekom AG (DTEGY), parent company of T-Mobile USA have finally settled for a merger deal. The two...

10Oct2012 | | Comments Off | Continued

(CLWR) Clearwire to Launch LTE Later

Clearwire Corporation (CLWR), which offers mobile and fixed wireless broadband communication, services to retail and wholesale customers in the U.S. may defer its TDD-LTE 4G network rollout plan as the company will loose Comcast...

8Oct2012 | | Comments Off | Continued

(S) Sprint Nextel to Expand LTE in 100 Cities

The third-largest U.S. wireless carrier Sprint Nextel Corp. (S) plans to launch its high-speed 4G LTE networks in 100 additional cities across US in the coming months. The LTE offers 10 times faster speed than 3G. The company’s...

24Sep2012 | | Comments Off | Continued

(PCS) MetroPCS Communications Rolls out Smart Plan

Stiff competition among telecom operators has forced MetroPCS Communications Inc. (PCS) – one of the leading prepaid operators in the U.S. market – to offer attractive 4G LTE service plans to low-end customers. The new plan...

27Aug2012 | | Comments Off | Continued

(CHU) China Unicom 1H Profit Rises

China Unicom (CHU), China’s second largest mobile operator, announced first half of 2012 results with earnings per share of RMB 0.14 (or 2 cents), up 27.3% from the year-ago period. Adjusted net income increased 31.5%...

26Aug2012 | | Comments Off | Continued

(CHU) China Unicom Adds Users in July

China’s second largest mobile operator China Unicom (CHU) added 3.4 million cellular subscribers in July, up 2.0% from the prior month. This takes the company’s total customer base to 222.66 million. The company’s...

22Aug2012 | | Comments Off | Continued

(S) Sprint-Nextel Beats on Solid Core Wireless

The third-largest U.S. wireless carrier Sprint Nextel Corp. (S) reported better-than-expected second quarter 2012 results, before the opening bell. Adjusted loss per share of 7 cents strongly outpaced the Zacks Consensus Estimate of...

22Aug2012 | | Comments Off | Continued

(LEAP) Leap Wireless International Misses on Higher Client Churn

Leap Wireless International Inc. (LEAP) declared disappointing financial results for the second quarter of 2012, missing the Zacks Consensus Estimates. In the previous quarter, the company’s customer churn rate was 4.4% compared...

21Aug2012 | | Comments Off | Continued

(S) Sprint Nextel to Revoke iDEN by Mid 2013

The third largest wireless carrier, Sprint Nextel Corp. (S), announced that the termination of iDEN networks would be over by June 30 next year. This would aid the company in concentrating on the core Sprint platform, which includes...

2Jun2012 | | Comments Off | Continued

(CHU) China Unicom Sees More 3G Users Join

China’s second largest mobile operator China Unicom (CHU) added 3.3 million cellular subscribers in April, down 5.7% from the prior month. This takes the company’s total customer base to 212.75 million. The company’s...

23May2012 | | Comments Off | Continued

(IDCC) Money-Losing Companies That Beat the Market By 46% Each Year

When I was young, stupid and chasing girls, good looks were the most important attribute a female could have as far as I was concerned. A disastrous relationship with an insane model changed my thinking pretty quickly. After splitting up with “Crazy Christine,” as my friends used to call...

18May2012 | | 0 comments | Continued

(LEAP) Leap Wireless International Misses on Higher Client Churn

Leap Wireless International Inc. (LEAP) declared weak financial results for the first quarter of 2012, missing the Zacks Consensus Estimates. In the previous quarter, the company’s customer churn rate was 3.3% compared with 3.1%...

28Apr2012 | | Comments Off | Continued

(PCS) MetroPCS Communications Raises Rates and Limits Data

MetroPCS Communications Inc. (PCS) – one of the lowest cost wireless service providers in the U.S. – has announced price raises for its unlimited plan. Subscribers will now have to pay $70.00 per month instead of $60.00 for its...

9Apr2012 | | Comments Off | Continued

(CHU) China Unicom Adds 3 Million Users

China’s second largest mobile operator China Unicom (CHU) added 3.232 million subscribers in February, up 1.52% from the prior month. This takes the company’s total customer base to 205.97 million. The company’s GSM...

2Apr2012 | | Comments Off | Continued

(CHU) China Unicom Misses on Earnings and Grows Year-Over-Year

China Unicom (CHU), China’s second largest mobile operator, announced fiscal 2011 results with earnings per share of RMB 0.18 ($0.28 per share). The annual earnings missed the Zacks Consensus Estimate by 9 cents...

23Mar2012 | | Comments Off | Continued

(LEAP) Leap Wireless International Analyst Remains Neutral

Leap Wireless International Inc. (LEAP) posted mixed financial results for the fourth quarter of 2011. Though EPS managed to beat the Zacks Consensus Estimates, revenue significantly fell below it. During 2011, Leap wireless...

13Mar2012 | | Comments Off | Continued

(S) Sprint Raising Additional Funds

The third-largest U.S. wireless carrier Sprint Nextel Corp. (S) plans to raise $2 billion in debt offering to address the growing costs of network upgrade, iPhone subsidies, debt maturities and a possible funding for its partner Clearwire...

1Mar2012 | | Comments Off | Continued

(S) Sprint Extends M2M Coverage

The M2M market is growing rapidly in the cellular industry and is being used by a number of mobile network operators in North America, Europe, and the Asia-Pacific region in particular. Major operators are entering into M2M services as their voice and data service markets reach a saturation point. M2M...

13Feb2012 | | 0 comments | Continued

(NIHD) NII Holdings Incorporated – Bear of the Day

We downgrade our recommendation on NII Holdings, Inc. (NIHD) to Underperform backed by our assessment that the company s nightmare will continue in the near future. NII Holdings reported dismal financial results for the third quarter...

24Jan2012 | | 0 comments | Continued