|Bid||4.3610 x 0|
|Ask||4.3630 x 0|
|Day's Range||4.2450 - 4.3870|
|52 Week Range||3.5330 - 7.5920|
|Beta (5Y Monthly)||1.08|
|PE Ratio (TTM)||26.00|
|Earnings Date||May 07, 2020|
|Forward Dividend & Yield||0.40 (9.10%)|
|Ex-Dividend Date||Dec 17, 2019|
|1y Target Est||9.74|
When the World Health Organization launched a 2007 initiative to eliminate malaria on Zanzibar, it turned to an unusual source to track the spread of the disease between the island and mainland Africa: mobile phones sold by Tanzania’s telecoms groups including Vodafone, the UK mobile operator. Working together with researchers at Southampton university, Vodafone began compiling sets of location data from mobile phones in the areas where cases of the disease had been recorded. “Diseases don’t respect national borders,” says Andy Tatem, an epidemiologist at Southampton who has worked with Vodafone in Africa.
Moody's Investors Service, ("Moody's") has affirmed Atento Luxco 1 ("Atento")'s Ba3 ratings, including its corporate family rating (CFR) and the ratings on its USD 500 million senior secured notes due 2022, irrevocably and unconditionally guaranteed by Atento S.A. and certain subsidiaries. The outlook changed to negative from stable.
Some viewers in Britain complained they were struggling to sign up for Disney+ as the video streaming service launched on Tuesday in Europe, where networks have come under huge strain due to the coronavirus pandemic. Disney+ launched in Britain, Ireland, Germany, Italy, Spain, Austria and Switzerland with reduced picture quality to ease data volumes flowing through networks. It tempted subscribers with 500 films, 350 serials and 25 original productions including Star Wars spin-off 'The Mandalorian' and Mouse House cartoon classics including the 1955 original of 'Lady and the Tramp'.
The following are the top stories on the business pages of British newspapers. - The European Central Bank has embarked on a 750 billion euros ($799.95 billion) bond-buying operation to support sovereign and corporate debt in the face of the coronavirus crisis. - Next Chief Executive Officer Simon Wolfson has said the retail industry is facing the toughest time since the oil crisis of 1973 but claimed the fashion chain could survive a 1 billion pound slump in sales.
LONDON/BERLIN, March 17 (Reuters) - Some European telecoms operators reported connectivity problems on Tuesday as millions of people logged on for work at home due to the coronavirus pandemic, driving up data traffic by as much as 30% and testing networks. Governments from Spain to Austria have imposed strict lockdowns to curb the spread of the new coronavirus. At the same time, more calls are being placed over mobile networks rather than data-driven chat services like WhatsApp, as people check in with elderly relatives who are most at risk from coronavirus but less likely to use messaging apps.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Shares in Telefonica Brasil SA and TIM Participações SA rose in the morning trading as both companies said they are planning a joint offer to buy the mobile unit of bankrupt Brazilian carrier Oi SA . The move comes months after the struggling carrier, which filed for bankruptcy protection in June 2016, told market participants early in December it had hired financial advisors to put a value on its mobile unit. Preferred shares in Oi rose as much as 18% on Wednesday morning, while TIM stocks surged up to 8.3% and Telefonica Brasil climbed 4.4% before trimming earlier gains.
Telefonica Brasil SA and TIM Participações SA have expressed interest in negotiating a joint offer to buy the mobile unit of bankrupt Brazilian carrier Oi SA, the two companies said on Tuesday in securities filings. The companies informed Oi's financial advisor Bank of America Merrill Lynch of their interest in starting negotiations for a potential acquisition of all or part of Oi's mobile division.
The government defeated a rebellion in parliament by lawmakers in the ruling Conservative Party over the role of Chinese technology company Huawei in the development of Britain's 5G networks. Rebel Conservative lawmakers had proposed a change to the Telecommunications Infrastructure Bill, which would have required Huawei to have been eliminated from the country's 5G networks by Dec. 31 2022. Parliament rejected the amendment, with the government winning the vote by 306 to 282.
Britain's digital minister Oliver Dowden said on Tuesday the government was not in a position to set out a specific date to strip out "high-risk" vendors, such as China's Huawei, from its future 5G network but would give lawmakers a say over new laws. Dowden was trying to ease concerns among a group of Conservative lawmakers, who have threatened to rebel against the government over Prime Minister Boris Johnson's decision to allow Huawei a role in building the country's 5G network, unless ministers commit to an end date. "We're not in a position today to set out a specific date or timetable for reaching no high-risk vendors, that would require a new decision to be taken by the National Security Council," he told parliament.
Learn about the top ten telecommunications companies in the world and information about each company’s customer base, market share, and services.
Alphabet and SoftBank's attempts to launch flying cellphone antennas high into the atmosphere have received backing from global telcos, energising lobbying efforts aimed at driving regulatory approval for the emerging technology. Loon, which was spun out of Google parent Alphabet Inc's business incubator, and HAPSMobile, a unit of SoftBank Group Corp's domestic telco, plan to deliver high speed internet to remote areas by flying network equipment at high altitudes.
The Spanish telecommunications company posted a net loss for the quarter of 202 million euros ($218.1 million) compared with a profit of EUR610 million the previous fourth quarter.
For an event meant to showcase the power of telecoms, cancelling this year's Mobile World Congress in Barcelona without a back-up plan has perplexed many in the trillion-dollar sector. Wednesday's decision to call off the telecoms industry's biggest annual gathering over fears of coronavirus, which has yet to reach mainland Spain, has left a hole in marketing budgets and dealt a $500 million blow to the local economy. Sony and Nokia said after pulling out of the event that they would hold product launches online instead, while South Korea's Samsung Electronics showcased a new folding phone at separate event in San Francisco last week.
The decision to cancel a major telecoms conference in Barcelona slated for later this month after mass withdrawals due to fears over a coronavirus outbreak was motivated only by a desire to protect people's health and safety, organisers said on Thursday. "This is not about money - it's about health and safety and the reputation of our show," Mats Granryd, director general of the GSMA telecoms association that hosts the event told a news conference the day after announcing its cancellation.
Spanish health officials said on Wednesday there was no reason to cancel the Mobile World Congress in Barcelona over coronavirus fears, despite major companies pulling out of the event. National Health Minister Salvador Illa said the government's goal was protecting people's health, but that it would take additional measures if necessary. The assurance came after behind-the-scenes pressure on Spanish authorities to declare that holding the event in Barcelona would pose a public health risk, which could potentially in turn trigger a payout on any event insurance taken out by the organisers.
The organisers of the Mobile World Congress (MWC) said on Wednesday they were monitoring "the fast-changing" development of the coronavirus, in a statement issued after sources said the event in Barcelona was likely to be called off. "We have already implemented additional health measures ahead of MWC 2020 and will continue to seek expert medical advice on a frequent basis," it added.