|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|Beta (3Y Monthly)||0.21|
|PE Ratio (TTM)||18.23|
|Forward Dividend & Yield||0.80 (4.52%)|
|1y Target Est||20.03|
Timotheus Höttges, CEO of Deutsche Telekom, discusses the controversy surrounding Huawei's role in international 5G networks.
The Zacks Analyst Blog Highlights: Deutsche Telekom, Fortescue, General Mills, Philip Morris and Southern
Announcement: Moody's announces completion of a periodic review of ratings of Hellenic Telecommunications Organization S.A. Madrid, March 19, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Hellenic Telecommunications Organization S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
MAINZ/FRANKFURT (Reuters) - Germany's auction of spectrum for 5G mobile networks drew brisk initial bidding on Tuesday with prospective new entrant 1&1 Drillisch submitting bold offers for the frequencies it covets. Drillisch, run by maverick tycoon Ralph Dommermuth, is vying to become a fourth operator in Europe's largest economy - a move that could benefit consumers but pressure the margins of the three existing players. Drillisch, majority owned by United Internet , put down a marker in the first round by staking more than 20 million euros apiece for 10 of the 41 blocks of spectrum on offer.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Germany's auction of frequencies for next-generation 5G networks will begin as planned on March 19, the Federal Network Agency (BNetzA) said on Friday, after a court threw out challenges brought by the country's three operators. Deutsche Telekom, Vodafone and Telefonica Deutschland had filed motions seeking to put the auction on hold, complaining that the terms under which spectrum was being sold off were onerous. "The date stands," a BNetzA spokeswoman said, confirming the auction would start at 10 am (0900 GMT) next Tuesday in Mainz.
T-Mobile (NASDAQ:TMUS) stock has spent the last months fighting to complete its merger with Sprint (NYSE:S), a deal that has become a partisan Washington soap opera. The question for investors is, what happens after the merger goes through?Source: Mike Mozart via Flickr (modified)CEO John Legere has been grilled by Democrats over the company's use of the Trump Hotel, over where it gets its equipment and over what it does with data it collects from handsets.But the deal will likely get done, if only because Democrats are now so opposed to it.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Legere's Fight for TMUS StockDemocrats argue the merger will cut the number of national wireless competitors from 4 to 3. T-Mobile and Sprint argue that three strong competitors are better than two strong and two weak ones. They also point to the wireless ambitions of competitors like Comcast (NASDAQ:CMCSA).Throughout this decade, AT&T (NYSE:T) and Verizon Communications (NYSE:VZ) have each controlled one-third of the U.S. wireless market. T-Mobile and Sprint share most of the other third. In arguing for the merger, Sprint notes the two larger companies have 93% of the industry's cash flow, a shared monopoly the new T-Mobile would break. * 7 Winning High-Yield Dividend Stocks With Payouts Over 5% The main change this decade has been T-Mobile's rise at Sprint's expense. The trend wore down Masayoshi Son, who took a controlling interest in Sprint in 2012 and had wanted his company to control any merger. Son is now focused on his $100 billion "Vision Fund," buying big positions in companies like Uber.Deutsche Telekom AG (OTCMKTS:DTEGY) owns about two-thirds of TMUS stock. The Sprint deal will reduce that. The combined company would be mainly foreign-owned, but no one foreign entity would have control.The focus would shift to Legere, which is where he likes it. After taking command in 2012, he grew out his hair, threw leather jackets over t-shirts, and began the "un-carrier" campaign that finally brought Sprint to the table as junior partner. Legere has become an adept politician, and like any politician, he has spent the merger campaign making promises. T-Mobile Will Be a Spectrum BuyerMost of those promises have involved 5G, an encoding technology that lets carriers use a host of new frequencies. It can build markets from TV and intelligent devices to self-driving cars.As part of its merger effort, TMUS stock is promising more, cheaper bandwidth for rural customers, a wireless replacement for cable or satellite TV, and stable prices.To make this happen, Legere is promising to buy more spectrum, in the 24 GHz and 28 GHz range.Using the new spectrum means lower power radios, but many more base stations since the waves attenuate so fast. T-Mobile is also fighting to get more C-Band spectrum, at between 4-8 GHz, against an alliance of satellite companies. The Bottom LineRight now, T-Mobile shares sell at a premium price to earnings multiple of 21.5, despite paying no dividend. AT&T and Verizon pay dividends yielding 6.5% and 4.5%, respectively.The reason for the price is growth. T-Mobile revenues grew 3% last year. Investors are betting the Sprint merger will go through, giving it more than the $45 billion in combined operating cash flow the two companies earned last year.T-Mobile is also seen as a more entrepreneurial company than any other wireless outfit. If a bus ran John Legere over tomorrow, the stock would tank. Fortunately, Legere prefers limousines.To turn his big plans into reality, however, T-Mobile is going to need executive depth. Promises without execution are called failure.Dana Blankenhorn http://www.danablankenhorn.com is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Stocks Sitting on Huge Piles of Cash * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 7 Dividend Stocks With Big Yields Compare Brokers The post For T-Mobile Stock, Optimism Reigns After Sprint appeared first on InvestorPlace.
Germany set tougher criteria on Thursday for vendors supplying telecoms network equipment, stopping short of singling out China's Huawei Technologies for special treatment and instead saying the same rules should apply to all vendors. The announcement follows months of debate over whether to side with the United States and some allies in barring Huawei, the global market leader, from 5G networks due to concerns over the firm's ties to the Chinese government. In the end, the ground rules released by the Federal Network Agency (BNetzA) stated that critical equipment should only be used after scrutiny and certification overseen by Germany's BSI federal cybersecurity watchdog.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll show how you can use Deutsche Telekom AG's (FRA:DTE) P/E ratioRead More...
Moody's Investors Service (Moody's) has upgraded to Ba2 from B1 the corporate family rating (CFR) and to Ba2-PD from B1-PD the probability of default rating (PDR) of Greece's leading telecommunications provider Hellenic Telecommunications Organization S.A. (OTE). Concurrently, Moody's upgraded to (P)Ba2 from (P)B1 the senior unsecured medium-term note program (MTN) and to Ba2 from B1 the senior unsecured global bonds issued by OTE PLC (OTE's fully and unconditionally guaranteed subsidiary).
FRANKFURT/PARIS/MADRID (Reuters) - Continental Europe's three biggest telecoms groups expect only modest profit growth this year as they face relentless competition in their home markets and investments in next-generation mobile networks and fibre broadband. Deutsche Telekom, Orange and Telefonica forecast core profit growth of up to 3 percent for 2019, a year when costly 5G auctions will take place while mergers that could ease competition remain a distant prospect. Germany's Deutsche Telekom operates in an easier domestic mobile market, with three players instead of four, but is spending on broadband fibre to combat strong cable competitors.
Telefonica, long the poor relation among the former national carriers, provided the only bright spot, forecasting growing profit and sales this year where analysts had expected stagnation and a decline respectively. Were it not for Britain’s planned departure from the European Union, Telefonica would have likely carried out an initial public offering of its U.K. business O2 at some stage over the past two years, reducing its contribution to earnings.
Deutsche Telekom forecast that its earnings would continue to grow in 2019 but by less than expected as Chief Executive Tim Hoettges looks to close a key U.S. merger, acquire spectrum and roll out 5G services. Although in line with its own projections given in 2018, it compares to analysts' expectations for 2019 core earnings of 24.7 billion euros. Deutsche Telekom is habitually conservative with its annual outlook.
AG (DTE.XE) said Thursday that it exceeded its financial guidance for 2018, even as the company posted a loss in the fourth quarter. The German telecommunications company booked a net loss of 431 million euros ($489 million), compared with a net profit of EUR1.33 billion in the fourth quarter of 2017. Telekom attributed its net loss in the quarter to the beneficial effects of U.S. tax reform incurred in the prior-year quarter as well as “net negative special factors” of EUR1.2 billion, including impairment losses of EUR700 million and staff-related expenses of EUR300 million.
Moody's Investors Service (Moody's) said that the B2 corporate family rating (CFR) of Sprint Corporation (Sprint) and the Ba2 senior secured rating of Sprint Communications, Inc. are unchanged following its anticipated $400 million add-on to its existing $1.1 billion senior secured term loan B1 maturing in February 2024. Sprint's ratings are on review for upgrade based on Moody's assessment that the proposed combination with T-Mobile US, Inc. would materially improve Sprint's standalone credit profile. On a pro forma combined basis, Sprint would benefit from reduced operating and capital investment costs, lower leverage approaching the low 4x (Moody's adjusted) range two years from likely close, improved liquidity, greater operating scale, a more extensive asset base and improved market positioning in the US wireless industry.
Healthy performance in the postpaid, handsets and ultra-broadband businesses drive Telefonica Brasil's (VIV) fourth-quarter revenues.
The telecoms industry has called on European governments to join mobile operators in establishing a testing regime to protect network security without having to resort to the disruptive step of excluding vendors from the market. The initiative by the GSMA, which represents 800 operators worldwide, comes as the United States steps up pressure on its allies to ban China's Huawei on national security grounds. "Such significant consequences, intended or not, are entirely avoidable," the GSMA said in a statement issued just over two weeks before it hosts its annual Mobile World Congress in Barcelona.
Europe should agree a joint position on whether or not Chinese firm Huawei is allowed to equip 5G networks for next-generation mobile networks to ensure fair competition, Austria's technology ministry said on Wednesday. The European Commission is considering a de facto ban on Huawei's 5G network equipment due to security concerns. U.S. Secretary of State Mike Pompeo and U.S. Vice President Mike Pence have been lobbying European politicians this week to ditch the Chinese firm's network products.
“Let me be clear –- we do not use Huawei or ZTE network equipment in any area of our network. The statement is in response to critics who’ve raised the issue of the Chinese equipment maker as a risk to national security to build opposition to the proposed $26.5 billion merger.