|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||4.88 - 5.08|
|52 Week Range||4.88 - 9.22|
|PE Ratio (TTM)||2.85|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In February, Yandex and Uber completed a transaction to combine their ride-hailing businesses in Russia and neighboring countries under a joint venture. In addition to contributing to its operations, Uber invested $225 million in cash in the joint venture while Yandex invested $100 million in cash. The Yandex-Uber joint venture is valued at more than $3.8 billion and owned 59.3% by Yandex and 36.9% by Uber.
Moody's Investors Service has assigned definitive ratings of Baa2 (sf) to the Series 2018-1 Senior Secured Class A-1 and Class A-2 notes (the 2018-1 Class A notes, or the notes) issued jointly and severally ...
Moody's announced today that the issuance of the Series 2018-1 Class A notes, and amendments to the Sprint spectrum lease agreement, base indenture, management agreement, back-up management agreement and ...
As part of an ongoing digital transformation effort, executives say they’re working to develop AI-powered software that could help call center representatives with customer inquiries.
India’s telecom (telecommunications) sector has witnessed a wave of consolidations over the past few years, resulting in the number of major network operators in the market dropping to four from eight. Amid tough competition and high costs of owning spectrum, telecom providers around the world have generally tried consolidations to survive.
Nokia (NOK) is collaborating with Deutsche Telekom (DTEGY) and Hamburg Port Authority on a two-year 5G (fifth-generation) research project. Deutsche Telekom is a telecom (telecommunications) company headquartered in Bonn, Germany. Deutsche Telekom is the parent of US telecom provider T-Mobile (TMUS), which last year tried to merge with its rival Sprint (S), which is backed by SoftBank (SFTBF).
Sprint Corp. has filed another round of lawsuits against cable businesses -- including a Colorado company -- related to its voice over packet (VOP) patents. TPG Global owns three cable companies, which also are listed in the complaint.
Sprint Corp.’s primary owner may be rekindling efforts to acquire Charter Communications Inc. According to the report, the purchase would lay the foundation for a $100 billion merger between Sprint (NYSE: S) and Charter. The report triggered another wave of merger speculation because SoftBank tried to make a deal with Charter in July but reportedly faced pushback from Charter executives on a buyout.
Telecommunications company Frontier (FTR) reported a net loss of $1.0 billion in 4Q17, but that loss included gains from recent US tax reforms. Based on the revised tax structure, US firms will now be taxed at 21% instead of the previous 35%. The reduction in the tax rate will benefit firms that have invested overseas due to higher tax rates in the US.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Telecommunications Services sector is rising.
AT&T (T) has been investing heavily in capex to acquire additional spectrum for future use as well as improve its network. AT&T spent $5.1 billion on capex in 4Q17 and just above $21.5 billion in 2017 as it continued to focus on integrated wireless and wireline business services. AT&T expects to spend nearly $25.0 billion on capital expenditures in the full-year 2018.
The 5G network has the potential to significantly reduce latency, boost download and upload speeds, as well as improve network reliability. Based on research by Statista, 5G wireless subscriptions could reach 545 million by 2022. In the 5G space, AT&T (T) is competing with wireless service providers such as Verizon (VZ), T-Mobile (TMUS), and Sprint (S).
The 5G network has the potential to provide faster speeds, lower latency, and consistent coverage. Based on research by Statista, the number of 5G wireless subscriptions is forecast to reach 545 million by 2022. In the 5G space, T-Mobile (TMUS) is competing with wireless competitors Sprint (S), Verizon (VZ), and AT&T (T).