All Posts Tagged With: "TEF"

(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 | Continued

(NIHD) NII Holdings Posts Loss

Latin American wireless operator, NII Holdings Inc. (NIHD) declared dismal financial results for the first quarter of 2013, missing both the top and bottom line of the Zacks Consensus Estimate, hurt by higher churn, weaker exchange...

14May2013 | | 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

(NOK) Telefonica Chooses Nokia-Siemens Network for LTE

Nokia-Siemens Network (‘NSN’) – a 50-50 joint venture between Nokia Corporation (NOK) and Siemens AG (SI) has started deploying LTE (Long Term Evolution) for Movistar...

25Feb2013 | | Comments Off | 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 | Continued

(TWC) Time Warner Cable and Megacable to Tie up

Time Warner Cable Inc. (TWC) – the second largest cable Multi Service Operator (MSO) in the U.S. is contemplating to tie up with Megacable – a triple play service provider in Mexico, to provide phone service targeting the U.S Hispanic...

8Oct2012 | | Comments Off | 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 | Continued

(DTV) DirecTV Eyes Brazil’s 4G Wireless Market

DirecTV (DTV), the largest satellite TV provider in the U.S., is planning to take part in Brazil’s 4G wireless broadband spectrum auctions, expected to be held in mid-June. We believe that by offering a by-product bundled service,...

10Jun2012 | | Comments Off | Continued

(MA) MasterCard and Telefonica Join Forces

Last week, MasterCard Inc. (MA) and Telefónica S.A. (TEF) announced its joint venture (JV) under the corporate name – Wanda with tagline “Your Mobile Money”....

27Feb2012 | | 0 comments | Continued

(PCS) LTE Shaping Future for Telecom

In a technology driven world, it has become a prerequisite for the telecom companies to upgrade its mobile technology with the high-speed networks. Currently, the Telecom industry is focusing on the next-generation technology (i.e. fourth generation [4G]),...

13Jan2012 | | 0 comments | Continued

(MA) MasterCard and Ecobank Sign Memorandom of Understanding

Expanding its electronic payments network in Sub-Africa, on Thursday, MasterCard Inc. (MA) announced a Memorandom of Understanding (MoU) with Togo-based Ecobank Group, which will allow the former to do business effciently across Africa. Accordingly,...

1Dec2011 | | 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

(VIV) Telecomunicacoes de Sao Paulo S.A.-Telesp Upgraded on Vivo Merger

We are upgrading our long-term recommendation on Telecomunicacoes de Sao Paulo S.A.-Telesp (VIV) to Outperform from Neutral following its merger with the mobile phone service provider Vivo Participacoes. The stock retains a Zacks #1...

26Jun2011 | | 0 comments | Continued

(PLCM) Polycom’s Strategic Move

In a major strategic move yesterday, Polycom Inc. (PLCM), a market leader in the video conferencing solutions in the world, has taken quite a number of decisions to consolidate its market position. (1) Polycom has formed a...

9Jun2011 | | 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

(SBS) Top-Forecast Utilities Stocks Rated by ValuEngine.com

Below, we present the latest data on the Utilities Sector from our Institutional software package (VEI).  We applied some basic liquidity criteria–share price greater than $3 and average daily volume in excess of 100k shares.  Utilities–along with Medical Sector tickers-have come to...

25May2011 | | 0 comments | Continued

(TBT) Finding Income AND Momentum in a Tough Economy

With the 10-year T-note yielding only 3.21%, investors interested in getting income from their investments are in sort of a tough place. Dividend-paying stocks are a very good place to look for a replacement. One thing you know for sure is that the coupon payment on a 10-year note is not going...

5May2011 | | 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...

4May2011 | | 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

(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

(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

(TBT) Stocks Still Look Attractive – Paying Dividends

Last week the stock market had a good week, and the bond market corrected a bit. Still, relative to the yield on the 10-year t-note of 2.71% on Friday, stocks look extremely attractive. The S&P 500 is trading for just 13.4x consensus expectations for 2010, and 11.6x 2011 expectations. That...

7Sep2010 | | 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...

18Aug2010 | | 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...

29Jul2010 | | 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...

11Jul2010 | | 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...

2Jun2010 | | 0 comments | Continued

(TEF) German 4G Wireless Spectrum Auction Misses Forecast

Germany’s recently concluded 4G mobile broadband spectrum (radio airwave) auction has fetched lower-than-expected revenues for the government. The multi-round auction which was initially expected to generate between €6 billion and €8 billion (US$7.5 billion and US$9.9 billion) eventually raked...

25May2010 | | 0 comments | Continued