All Posts Tagged With: "MBT"
(VIP) VimpelCom to Proceed With Wireless Operator in Laos
Russian wireless carrier VimpelCom (VIP) reported its plans to proceed with the acquisition of a majority stake in Millicom Lao Co. Ltd., a wireless operator with operations in Laos. This clears the ongoing...
(MBT) Mobile TeleSystems Hit by Hefty Write-offs
Mobile TeleSystems (MBT), Eastern Europe’s largest cellular operator, reported disappointing results for fourth-quarter 2009. The carrier reported a net loss of $26.1 million (or 7 cents per ADS) versus...
(BWA) Indian Telecom Regulators Reveal Wireless Spectrum Bidders
The Indian telecom regulator Department of Telecommunication (DoT) has divulged the names of the bidders for the upcoming 3G WCDMA spectrum (radio airwave) and broadband wireless access (BWA) auction in the country. The auctions have attracted 20 applicants who will vie for...
(VIP) VimpelCom’s Earnings Report Trails Expectations
VimpelCom (VIP) reported lower-than-expected fourth quarter 2009 results with earnings per ADS of 27 cents largely missing the Zacks Consensus Estimate of 44 cents, due to lower revenue, higher expenses and...
(VIP) VimpelCom Falls Behind Expectations
VimpelCom (VIP) reported third-quarter 2009 earnings of 42 cents per ADS (based on an average exchange rate of 31.26 RUR/US$) that narrowly missed the Zacks Consensus Estimate of 44 cents. However, the result...
(MBT) Mobile TeleSystems Tops Expectations, Economy & Currency Exchange Hurt Sales
Mobile TeleSystems (MBT), Eastern Europe’s largest cellular operator, announced results for third-quarter 2009 with earnings per ADS of $1.31 exceeding the Zacks Consensus Estimate of $1.17. Net income,...
(MBT) Mobile TeleSystems Confirms Outlook – Ups CapEx Spending
Russia’s incumbent telecom carrier Mobile TeleSystems (MBT) released its 2009 outlook yesterday. The company has lifted its capital expenditure (CapEx) guidance to $1.8 billion from $1.5 billion as per the previous guidance.