All Posts Tagged With: "AMX"
(T) AT&T and China Telecom Hook Up
AT&T (T) is now set to venture into the Chinese telecom market. The company has joined hands with one of China’s largest telecom companies, China Telecom Corp Ltd. to expand both companies’ market presence by offering cross-country corporate telecommunication services...
2Dec2011 | vitalstocks | 0 comments | Continued(AMX) Follow Carlos Slim and Fatten Your Portfolio
by Carl Delfeld, Investment U Senior Analyst Thursday, June 23, 2011: Issue #1541 Do you know anyone who could be fined in the morning for a cool $1 billion for “monopolistic practices” and still have a great day? I do. He has built a portfolio of companies worth an...
23Jun2011 | InvestmentU | 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 performance was primarily attributable to a double-digit...
29May2011 | vitalstocks | 0 comments | Continued(AMX) America Movil Reports Earnings Below Analyst Estimate
America Movil (AMX), the largest telecom carrier in Latin America reported first quarter earnings per ADR of 97 cents, well below the Zacks Consensus Estimate of $1.05 but 15 cents or 18.3% above the year-ago quarter driven by strong wireless subscriber growth and Pay TV expansion...
4May2011 | vitalstocks | 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 offers from its competitors. Telefonica expects...
18Apr2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless International Expands Service in New Markets
Leap Wireless International Inc. (LEAP), a small-sized prepaid wireless services provider in the U.S. operating under the brand name “Cricket”, unveiled its popular Muve Music service plan in new markets across the country. The popular music service will be available in more...
3Apr2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless International Analyst Upgrades Shares to Neutral
We upgrade our recommendation on Leap Wireless International Inc. (LEAP) to Neutral based on its current valuation. The stock price has fallen by more than 38% in the last one year and is trading at the low-end of its 52-week price range. We believe this low level of market valuation...
5Mar2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless Analyst Downgrades Shares to Underperform
We downgrade our recommendation on Leap Wireless International Inc. (LEAP) to Underperform. In the last three consecutive quarters, the company suffered a net subscriber loss contrary to the consensus opinion of a net subscriber addition. Important operating metrics such as ARPU,...
8Feb2011 | vitalstocks | 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. With respect to several valuation metrics,...
21Jan2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless Strategy Adds Customers in Fourth Quarter 2010
After a gap of two consecutive quarters, Leap Wireless International Inc. (LEAP), a small-sized prepaid wireless services provider in the U.S. operating under the brand name “Cricket,” has generated net customer additions in the fourth quarter of 2010. This turnaround was...
13Jan2011 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless International Offers Unlimited Music Download
Leap Wireless International Inc. (LEAP), a small-sized prepaid wireless services provider in the U.S. operating under the brand name “Cricket,” has decided to offer unlimited music download facilities to its 3G subscribers. The new digital music service will be called “Muve...
21Dec2010 | vitalstocks | 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 led to strong results for the period. Notably,...
15Nov2010 | vitalstocks | 0 comments | Continued(PCS) MetroPCS Communications Launches First LTE City in U.S.
MetroPCS Communications Inc. (PCS), the sixth-largest prepaid wireless service operator in the U.S., launched its first 4G Long-Term Evolution (LTE) wireless broadband service and dual-mode smartphone (designed to run on LTE and CDMA networks) in Las Vegas. MetroPCS is the first...
2Oct2010 | vitalstocks | 0 comments | Continued(PCS) MetroPCS Communications Launches Second LTE Service in U.S.
MetroPCS Communications Inc. (PCS), the sixth-largest prepaid wireless service operator in the U.S. , launched its second 4G Long-Term Evolution (LTE) wireless broadband service in Dallas/Fort Worth Metroplex. This release follows the simultaneous launch of the first LTE service...
2Oct2010 | vitalstocks | 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 on the stock has been removed following Telefonica’s acquisition...
17Sep2010 | vitalstocks | 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, extending average maturity to more than three and...
12Sep2010 | vitalstocks | 0 comments | Continued(TV) Grupo Televisa S.A. Enters Mobile Phone Market in Mexico
In a significant move, the Mexican wireless regulator Comision Federal de Telecomunicaciones (CoFeTel) approved yesterday the auction bid submitted by Grupo Televisa S.A. (TV) and its partner Nextel for a 30 MHz nationwide block in the 1.7 GHz band of wireless frequency. Last...
18Aug2010 | vitalstocks | 0 comments | Continued(VIV) Vivo Participacoes’ Earnings Matches Estimates – Profit Swells
Vivo Participacoes (VIV), the largest wireless operator in Brazil , reported second-quarter earnings per ADS of 33 cents, in line with the Zacks Consensus Estimate. However, net income surged 29.9% year over year to R$236 million ($132 million) on the back of higher revenues...
29Jul2010 | vitalstocks | 0 comments | Continued(TEF) Telefonica Analyst Downgrades the Stock
We are downgrading our recommendation to Underperform from Neutral for Telefonica (TEF), the largest telecom carrier in Spain and Latin America. Currently the stock has Zacks #5 (Strong Sell) Rank. We believe Telefonica’s fight with Portugal Telecom (PT) for the full control...
11Jul2010 | vitalstocks | 0 comments | Continued(TEF) Telefonica Raises Buyout Bid For Vivo Participacoes
Spanish telecom behemoth Telefonica (TEF) remains desperate to grab full control of Brazilian wireless kingpin Vivo Participacoes (VIV) as it has reportedly raised its bid to €6.5 billion (US$8 billion). However, the offer has been rebuffed by Portugal Telecom (PT), which remains...
2Jun2010 | vitalstocks | 0 comments | Continued(TEF) Telefonica SA Announces Agressive Expansion in Brazil
Spanish telecom giant Telefonica SA (TEF) is aggressively preparing to delve deeper into the lucrative Brazilian telecom market, representing the principal growth engine for the carrier over the last few years. The operator recently revealed its plans to invest as much as R$5...
20May2010 | vitalstocks | 0 comments | Continued(TEF) Brazil’s Telecom Rumble – Telefonica Can’t Catch a Break
With Spain mired in recession, Spanish telecom company Telefonica ADR (NYSE: TEF) has had to rely on Latin America – and Brazil especially – for much of its growth. Yet Telefonica has to fight increasing competition for everything in the Portuguese-speaking nation. For...
20May2010 | InvestmentU | 0 comments | Continued(TEF) Telefonica Net Income Increased 2%
Spanish telecom giant Telefonica (TEF) reported first quarter 2010 results with a net income increasing 2% year over year to €1.66 billion (US$2.3 billion), supported by higher sales as a result of healthy contributions from Latin America and the UK which offset weaknesses...
17May2010 | vitalstocks | 0 comments | Continued(LEAP) Leap Wireless Posts Wider Quarterly Loss
Leap Wireless (LEAP), which operates under the “Cricket” brand, reported a first-quarter 2010 net loss per share of 90 cents, wider than the Zacks Consensus Estimate for a loss of 66 cents. The net loss increased 35% year-over-year to $68 million on account of higher...
9May2010 | vitalstocks | 0 comments | Continued(VIV) Vivo Participacoes Earnings Report Misses Expectations – Profit Surges
Vivo Participacoes (VIV), the largest wireless operator in Brazil, reported results for first-quarter 2010 with earnings per ADS of 27 cents missing the Zacks Consensus Estimate of 35 cents. However, net income surged 44.3% year-over-year to R$191.9 million ($107 million) on...
4May2010 | vitalstocks | 0 comments | Continued(AMX) America Movil S.A.B. Misses The Street Estimate
Latin America’s largest wireless carrier America Movil (AMX) reported results for first-quarter 2010 with earnings per ADS of 82 cents, missing the Zacks Consensus Estimates of 93 cents. Net profit rose 1.9% year-over-year to 16.9 billion pesos ($1.3 billion), helped by foreign...
30Apr2010 | vitalstocks | 0 comments | Continued(PCS) MetroPCS Partners With FiberTower for 4G LTE Wireless
Leading unlimited wireless carrier MetroPCS (PCS) has reportedly forged an agreement with backhaul and access services provider FiberTower Corp (FTWR). Under the pact, FiberTower will offer Ethernet-based backhaul services in select MetroPCS markets, which will provide the much-needed...
22Apr2010 | vitalstocks | 0 comments | Continued(AMX) America Movil Deal Gets Shareholder OK
Latin American telecom titan America Movil’s (AMX) proposed consolidation plan has been reportedly approved by the shareholders. The deal has already received green signal from Mexico’s antitrust regulator “Cofeco” in February 2010. Cofeco stated that the merger...
23Mar2010 | vitalstocks | 0 comments | Continued(NIHD) NII Holdings’ Fourth Quarter Earnings Report Misses Expectations – Outlook Positive
NII Holdings Inc. (NIHD), a provider of wireless services in Latin America, announced fourth-quarter earnings of 35 cents per share, which was well below the Zacks Consensus Estimate of 55 cents. Net income for the quarter increased to $59.6 million from $2 million (a penny per...
3Mar2010 | vitalstocks | 0 comments | Continued(PCS) MetroPCS Communications’ Quarterly Report Exceeds Expectations
Leading unlimited wireless carrier MetroPCS Communications (PCS) reported better-than-expected fourth-quarter 2009 results with earnings per share (EPS) of 9 cents, exceeding the Zacks Consensus Estimate of 6 cents as well as the prior-year quarter EPS of 4 cents. Net income...
28Feb2010 | vitalstocks | 0 comments | Continued