4.4900 0.00 (0.11%)
After hours: 4:00PM EST
Previous Close | 4.5300 |
Open | 4.4600 |
Bid | 4.4900 x 36100 |
Ask | 4.5400 x 21500 |
Day's Range | 4.4450 - 4.5200 |
52 Week Range | 3.2200 - 6.0800 |
Volume | 2,608,399 |
Avg. Volume | 1,897,843 |
Market Cap | 24.404B |
Beta (5Y Monthly) | 1.07 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.46 (10.07%) |
Ex-Dividend Date | Dec 11, 2020 |
1y Target Est | 7.79 |
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 dépôt et placement du Québec (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.