All Posts Tagged With: "AMX"
(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...
(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...
(LEAP) Leap Wireless Beats Expectations but Loss Widens
Leap Wireless (LEAP) reported fourth-quarter 2009 results with a net loss per share of 82 cents exceeding the Zacks Consensus Estimate of 65 cents. Net loss increased 17.2% year-over-year to $64 million on...
(VIV) Vivo Participacoes Misses as Costs Offset Sales
Vivo Participacoes (VIV), the largest wireless operator in Brazil, reported results for fourth quarter 2009 with earnings per ADS of 32 cents missing the Zacks Consensus Estimate of 41 cents. Net income fell...
(AMX) America Movil Ruling Expected
Mexico’s antitrust regulator “COFECO” is expected to rule on America Movil’s (AMX) $21 billion proposed consolidation plan today. Latin America’s largest wireless carrier, which is controlled...
(AMX) America Movil Misses Earnings Estimates
Latin American telecom giant America Movil (AMX) reported results for fourth-quarter 2009 with earnings per ADS of 61 cents missing the Zacks Consensus Estimates of 85 cents while falling 13.6% from the year-ago...
(LEAP) Leap Wireless Mulls Sale/Merger
Unlimited prepaid wireless carrier Leap Wireless (LEAP) is reportedly exploring opportunities for a potential sale or merger with a rival operator. The company has hired Goldman Sachs (GS) and Morgan Stanley...
(VZ) Verizon Wireless and AT&T Wireless Cut Mobile Plan Prices
Verizon Wireless, a joint venture between Verizon Communications (VZ) and Vodafone (VOD), has reportedly slashed its unlimited wireless price...
(AMX) Is America Movil Consolidating?
In an effort to consolidate its position in the fiercely competitive Mexican wireless market, Latin America’s largest wireless carrier America Movil (AMX) is reportedly planning to acquire Mexican wireline...
(PCS) MetroPCS Slips on Lower Subscriber Growth and Glum Outlook
Shares of MetroPCS (PCS) slipped after the carrier reported lower subscriber growth for the fourth quarter and cut its margin outlook for 2010. The company has also revamped its prepaid wireless service plans...
(TV) Grupo Televisa Eyeing Mobile Opportunity
Grupo Televisa SA (TV), the largest media company in the Spanish-speaking world, is likely to enter into the lucrative wireless communications market in Mexico. The company is in negotiation with Vivendi SA...
(AMX) Mexico Confirms Wireless Spectrum Auction
The Mexican government has finally announced that it will complete the much-awaited wireless spectrum (radio bandwidth) auctions in the country by the end of June 2010. In November 2009, the Mexican telecom regulator Cofetel divulged the bidding rules for the radio-electric...
($S) Sprint-Nextel Expands Boost Mobile Reach
Sprint Nextel (S) has reportedly expanded the coverage of its Boost Mobile prepaid subsidiary across all of its wireless network platforms. Boost Mobile will offer its popular $50 monthly unlimited calling plan...
(LEAP) Leap Wireless Analysts Initiate Coverage at Neutral
We initiate our coverage on Leap Wireless (LEAP) with a Neutral recommendation. The company is one of the prominent players in the low-cost unlimited prepaid wireless market serving roughly 4.7 million customers...
(PCS) MetroPCS Communications Upgraded to Neutral
We upgrade our recommendation for MetroPCS Communications (PCS) to Neutral following the company’s better-than-expected operating results in the last quarter. Reported earnings have outpaced the Zacks Consensus...
(AMX) Mexico Sets Spectrum Auction Rules
The Mexican government has finally announced the bidding rules to kick off the upcoming wireless spectrum (radio bandwidth) auction in the country. The Mexican telecom regulator Cofetel released details of radio-electric spectrum to be offered to the qualified bidders through...
(TV) Grupo Televisa S.A. to Launch Wireless Service
Grupo Televisa S.A. (TV) has decided to explore the wireless communications market. Televisa is the largest media company in Mexico as well as in the Spanish-speaking world. Its cable TV subsidiary Cablevision...
(PCS) MetroPCS Communications’ Profit Soars – but Churn Rises
Leading unlimited wireless carrier MetroPCS Communications (PCS) reported better-than-expected third-quarter 2009 results with earnings per share (EPS) of 21 cents outpacing...
(AMX) America Movil Tops Forecasts – Subscriber Growth Dips
America Movil (AMX) reported results for third-quarter 2009 with earnings per ADS of 86 cents edging past the Zacks Consensus Estimates of 85 cents while increasing 22.6% from the year-ago earnings per ADS...
($T) AT&T Unveils New Pre-Paid Plan
AT&T (T) has introduced a new unlimited monthly calling plan for the prepaid wireless market. Starting today, customers subscribing to the company prepaid wireless services receive unlimited voice calls, instant messaging as well as text, picture and video...
(PCS) MetroPCS Reaches More US Markets
MetroPCS (PCS), a leading provider of unlimited pre-paid wireless service in the US, has reportedly expanded its national unlimited service coverage to include new markets in the Midwest, Northwest and parts of the Eastern US.
This expansion has nearly...
(PCS) MetroPCS Expanding Coverage
MetroPCS (PCS), a leading provider of unlimited pre-paid wireless service in the US, has reportedly expanded its New York City area service to include additional markets in the Tri-State region. The company has extended its unlimited service footprint to include...