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Assured Guaranty Ltd. Message Board

chasjohn02 2 posts  |  Last Activity: Jun 7, 2014 1:34 PM Member since: Jun 29, 2006
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  • Reply to

    what is going on with this stock?

    by venturecap18 Jun 3, 2014 12:56 PM
    chasjohn02 chasjohn02 Jun 7, 2014 1:34 PM Flag

    The stock price has been fluctuating as a function of the new LNPA contract that will be effective in July of 2015.
    The perception was that Neustar had lost the contract and the stock price fell to below 25 (briefly). Then news came out that Neustar was going to somehow be involved in the selection process (at least as a commentor). It seems certain that the selection committee recommended that Neustar be replaced. Neustar has made numerous filings protesting the selection process and the ultimate selection of a competitor that they claim is not "neutral". On June 6 a confidential email appeared (briefly) on the FCC website confirming that the selection committee had recommended to the FCC replacing Neustar. That email apparently caused several "rats" to leave the sinking ship. The FCC must determine two things before they select the new contract administrator:
    1. Was the selection process "clean" - not flawed
    2. Is Ericsson a viable alternative (neutrality issues)
    On June 9 the FCC will make a statement related to the selection process.Don't know message content or impact on stock price.

  • Reply to

    Insider trading!

    by airlolo38 Jun 6, 2014 4:48 PM
    chasjohn02 chasjohn02 Jun 7, 2014 11:51 AM Flag

    It would appear that the selection committee has recommended that the new contract not be awarded to Neustar; but to:
    Telcordia Technologies, Inc., a US-based, wholly owned subsidiary of Ericsson, doing business as iconectiv, develops market leading solutions that enable operators to interconnect networks, devices, and applications critical to evolving the global telecommunications marketplace.

    iconectiv's powerful, trusted, neutral solutions for the telecommunications industry include number portability clearinghouses, mobile messaging services, anti-theft mobile device registries, spectrum management databases and other interconnection information services. iconectiv's solutions are used by more than 1,000 operators, regulators and content providers and are currently used to provide services to over 1 billion end users.

    Neustar's game plan appears to be one of protesting the selection of iconnectiv because iconnectiv is a wholly owned subsidiary of Ericsson. We don't know why the selection committee recommended against Neustar. It will take some time for this to play out, perhaps in court if Neustar gets dumped.

AGO
23.21-0.35(-1.49%)Jul 25 4:00 PMEDT

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