|Bid||6.92 x 36200|
|Ask||6.93 x 47300|
|Day's Range||6.91 - 6.97|
|52 Week Range||6.50 - 9.01|
|Beta (5Y Monthly)||0.97|
|PE Ratio (TTM)||10.90|
|Forward Dividend & Yield||0.44 (6.37%)|
|Ex-Dividend Date||Dec 15, 2019|
|1y Target Est||7.83|
Britain's impending decision on whether to allow Huawei to supply equipment for 5G mobile networks comes at a delicate time, with debate raging in European capitals over the security implications of reliance on Chinese technology. In Germany, Chancellor Angela Merkel's preference for applying the same rules to all equipment vendors faces growing resistance from lawmakers in her own party, who back U.S. calls to ban Huawei outright. Europe's leading telecoms operators, all Huawei customers, are lobbying against an outright ban.
Ciena (CIEN) provides its much-acclaimed WaveLogic 5 Extreme technology to Telxius to deliver high-end programmability and networking solutions across long-haul set-up and submarine applications.
The approval from the regulatory agency is likely to strengthen the market position of BCE's Bell Canada and enable it to thwart the growing menace of unwanted spam calls.
With specialized routing and intuitive search capabilities, Comtech (CMTL) offers the iconic motorcycle manufacturing firm a competitive edge over rivals for an unrivalled biking solution.
Cincinnati Bell (CBB) teams up with YouTube TV to deploy the latter's on-demand streaming services in Greater Cincinnati and Hawaii through cost-efficient content platform.
The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the third quarter, which unveil their equity positions as of September 30. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]
Moody's Investors Service ("Moody's") has today downgraded Tele Columbus AG's (Tele Columbus) corporate family rating (CFR) to B3 from B2, probability of default rating (PDR) to B3-PD from B2-PD, and the instrument rating on the senior secured bank credit facilities and senior secured notes to B3 from B2. At the same time, Moody's has changed the outlook to stable from negative on all ratings.
Spain's Telefonica plans to drastically reduce the amount of equipment it buys from Chinese technology giant Huawei [HWT.UL] for the core of its next-generation mobile networks in Europe, its Chief Technology and Information Officer (CTIO) said. Choosing manufacturers for network equipment has become a political hot potato since Washington imposed an export ban on Huawei, the global market leader, but Telefonica's shift away was "a purely technical decision", CTIO Enrique Blanco said. Until now, Telefonica has relied entirely on Huawei for its core 4G networks in key markets of Spain and Germany, but under the new strategy, this will disappear by 2024.
Telefonica will buy some of the core equipment for its planned 5G mobile network in Spain from Chinese telecoms giant Huawei but also choose a second provider next year, a company spokesman said on Friday. The move, first reported by Spanish economic daily Expansion, marks a strategic shift for Telefonica which previously relied only on Huawei. The Chinese company provided Telefonica's 3G and 4G core networks in Spain.
The radical restructuring process is likely to feature an "operational spin-off", whereby Telefonica (TEF) will create two separate business entities, namely Telefonica Tech and Telefonica Infra.
Spain's Telefonica said it would split out part of its Latin America business and create new units for digital technology and infrastructure under a plan aimed at generating more than 2 billion euros ($2.20 billion) a year in extra revenues by 2022. "The model is tired out so we need to reinvent ourselves," Chief Executive Jose Maria Alvarez-Pallete told a news conference on Wednesday called unexpectedly after a board meeting to approve the plan. The new measures include an "operational spin-off" of Telefonica's business in Spanish-speaking Latin America, leaving the company to focus on key markets in Spain, the United Kingdom, Brazil and Germany.
The iShares MSCI Brazil Index (NYSE: EWZ ) is up 2% in the past week as far-right President Jair Bolsonaro announced he would be leaving his right-wing Social Liberal Party (PSL) and launching his own ...
Telefonica has signed a contract to use the so-called last-mile network of its U.S. rival AT&T in Mexico, the local chief executive of the Spanish telecommunications company said on Thursday. Telefonica Mexico CEO Camilo Aya said the deal with AT&T was not exclusive and that the Spanish company's traffic would remain completely separate from that of its U.S. competitor. Telefonica said in a statement that the deal will lead to an annual positive impact on cash flow of around 230 million euros ($254 million) from 2022, as well as a reduction in net debt of around 500 million euros.
Spanish telecoms giant Telefonica has struck a deal to use some of U.S. rival AT&T's infrastructure in Mexico, a move analysts said would better position both to compete with the market's juggernaut, billionaire Carlos Slim's America Movil. Under the agreement announced on Thursday, Telefonica will use AT&T's wireless 'last-mile' equipment - the final link of telecom networks that delivers service to consumers through towers, antennas and fiber-optic cables. Analysts framed the deal as a lifeline for Telefonica in Mexico, where the company has long struggled to gain traction.
Shares of Slack Technologies Inc. slumped as much as 10% Tuesday on news that Microsoft Corp.'s competing Teams communication app has passed more than 20 million daily active users, extending its lead over Slack. Microsoft on Tuesday said its Teams app grew 54% since July as it continues to benefit from corporate wins, including Alcoa Corp. and Telefonica S.A. . Microsoft Chief Executive Satya Nadella in October said Teams -- which was introduced in 2016, two years after Slack -- has 350 customers with at least 10,000 people using its app. In October, Slack said it has 12 million daily active members, up from 10 million in late January. "We continue to believe that while Slack has the first mover advantage in this new market opportunity, Microsoft represents the biggest risk for investors given its massive enterprise installed base and the fact that it offers Teams with no extra charge to its Office 365 business customers," Wedbush Securities analyst Daniel Ives said in a research note on Tuesday. He rates Slack stock an "Underperform," with a price target of $14 a share.
A top official at Telefonica said on Wednesday he would support consolidation in Spain's fiercely competitive telecommunications market, where takeover speculation has been rife. The telecoms market in the euro zone's fourth-largest economy has become ever-more crowded, squeezing profits and prompting British peer Vodafone to propose cutting up to one fifth of its workforce there. "We would be supportive of consolidation of the Spanish market if that scenario were to take place," Chief Operating Officer Angel Vila told the Morgan Stanley European Technology, Media and Telecoms conference in Barcelona.
Britain's Virgin Media is ditching BT's mobile network for rival Vodafone from late 2021 in a five-year deal that will allow it to launch new services such as 5G to its more than 3 million customers. Virgin Media, which offers cable TV and broadband services, pioneered the mobile virtual network operator (MVNO) model, whereby a company offers own-branded mobile on an established partner's network. It has used BT's EE network for nearly 20 years, including before BT owned it, but its customers will be switched onto Vodafone's network in 2021 after the company won the new contract.
European shares dipped slightly on Tuesday, a day after hitting their highest levels since 2015, with a sales warning from Danish jewellery maker Pandora dragging on the benchmark index. The pan-European STOXX 600 index fell 0.1%, although declines were capped by a positive tone around U.S.-China trade talks. Tariff-hit miners gained the most among the major European sub-sectors after reports that China was pushing U.S. President Donald Trump to rollback more tariffs imposed in September as part of a "phase one" trade deal.