Previous Close | 3.7990 |
Open | 3.7890 |
Bid | 3.8370 x 0 |
Ask | 3.8380 x 0 |
Day's Range | 3.7650 - 3.8680 |
52 Week Range | 2.7110 - 5.0120 |
Volume | 15,044,260 |
Avg. Volume | 19,851,289 |
Market Cap | 21.299B |
Beta (5Y Monthly) | 1.07 |
PE Ratio (TTM) | 16.06 |
EPS (TTM) | 0.2400 |
Earnings Date | Apr 29, 2021 |
Forward Dividend & Yield | 0.39 (10.21%) |
Ex-Dividend Date | Dec 11, 2020 |
1y Target Est | 9.74 |
European telecoms firms are cashing in on the money-making power of masts, as tower companies line up to pay multi-billion dollar price tags for antennas buzzing with ever more data ahead of the advent of 5G. Upgrading networks, including towers, for 5G - which promises an age of self-driving cars and brain surgery performed at a distance - will soak up some $890 billion between 2020 and 2025, the GSMA industry body says. European operators are increasingly willing to exploit assets to help finance those build-outs.
European telecoms firms are cashing in on the money-making power of masts, as tower companies line up to pay multi-billion dollar price tags for antennas buzzing with ever more data ahead of the advent of 5G. Upgrading networks, including towers, for 5G - which promises an age of self-driving cars and brain surgery performed at a distance - will soak up some $890 billion between 2020 and 2025, the GSMA industry body says. European operators are increasingly willing to exploit assets to help finance those build-outs.
The Brazilian unit of Spanish telecom Telefonica SA said on Tuesday that it had agreed with Canadian pension fund CDPQ to create a joint venture to develop a "neutral and independent" wholesale fiber optic network in Brazil. According to a securities filing, Caisse de dƩpƓt et placement du QuƩbec (CDPQ) will invest up to 1.8 billion reais ($317 million) in the venture, receiving a 50% voting share. Telefonica Brasil will have a 25% voting stake, while Telefonica Infra, another subsidiary of the Spanish company, will have the remaining 25% share.