The Zacks Analyst Blog Highlights: AT&T, Rogers Communications, TELUS, BCE and Verizon Communications


For Immediate Release
Chicago, IL – December 11, 2013 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the AT&T, Inc. (T-Free Report), Rogers Communications Inc. (RCI-Free Report), TELUS Corp. (TU-Free Report), BCE Inc. (BCE-Free Report) and Verizon Communications Inc. (VZ-Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Tuesday’s Analyst Blog:

AT&T, Rogers Team Up for LTE Roaming

AT&T, Inc. (T-Free Report) has joined hands with one of Canada’s leading telecom and media carriers, Rogers Communications Inc. (RCI-Free Report), to provide its U.S. customers with LTE network services while in Canada. The news signifies a big move in the U.S. telecom arena since it is the first time any U.S. carrier has expanded its services to offer international LTE roaming. The new agreement will not only give added facility to the existing customers but also foster new customer addition.  

As per the deal, AT&T’s international LTE roaming services will come under Data Global Add-on packages, starting as low as $30 per month for 120MB. In addition, customers can also avail higher priced packages at $60 for 300MB and $120 for 800MB.

Earlier, in Sep 2013, AT&T and Rogers already undergone a pact for proving LTE roaming services to the latter’s customers in Canada while roaming in the U.S. Under the agreement, Rogers’ subscribers, during their  U.S. travels, are entitled to 4GLTE wireless roaming service facility at only $7.99 per day.

This package includes 50 MB of daily data usage. Moreover, after this deal Roger became the first Canadian carrier to offer roaming service in the U.S. Subsequently, Rogers gained a competitive edge over Canadian carriers like TELUS Corp. (TU-Free Report) and BCE Inc. (BCE-Free Report).

AT&T too has made significant developments through various agreements and acquisitions, in an otherwise highly mature and competitive wireless market.

In Sep 2013, the company announced its plans to expand in the Latin American market through tie-ups with Leading Latin American telecom carrier – America Movil.

AT&T now expects to extend beyond key countries like Mexico and Brazil to countries like Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru and Uruguay. The company already signed a network sharing agreement with America Movil in Nov 2012. Per this agreement, AT&T can expand and enhance networks within Latin America and offshore key markets throughout the world, including growth regions like, Asia and the Middle East.

We believe AT&T’s strategic alliance with America Movil to grow in South America was reflective of Verizon Communications Inc.’s (VZ-Free Report) intention to step into the Canadian Telecommunication market. Though, Verizon Communications later backed out after acquiring the remaining 45% stakes in Verizon Wireless.

Further, AT&T struck a global networking services deal with New Zealand-based Opus International Consultants.

Going forward, we foresee significant revenue sources from AT&T’s collaboration with mega carriers in different countries on various services. These deals are expected not only to expand the company’s reach beyond its home turf, but also help establish a foothold in the international market and re-brand it as a global wireless operator.

AT&T has a Zacks Rank #3 (Hold).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.

About Zacks is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
Get the full Report on T - FREE
Get the full Report on RCI - FREE
Get the full Report on TU - FREE
Get the full Report on BCE - FREE
Get the full Report on VZ - FREE
Follow us on Twitter:

Join us on Facebook:

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release.

Read the analyst report on T

Read the analyst report on RCI

Read the analyst report on TU

Read the analyst report on BCE

Read the analyst report on VZ

Zacks Investment Research

View Comments (0)