Telecom news

• Telecom Stock Roundup: Mixed Q4 for Verizon, AT&T and ... - Yahoo Finance

  26-01-2017 23:28 via finance.yahoo.com
  Telecom Stock Roundup: Mixed Q4 for Verizon, AT&T and ...
  Yahoo Finance
  The telecom industry experienced a strong run on the bourse last week as most of the key stocks traded in the green.and more »
  
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• Telecom Stock Roundup: Mixed Q4 for Verizon, AT&T and Qualcomm, FCC to Close Incentive Auction - Yahoo Finance

  26-01-2017 23:28 via finance.yahoo.com
  Telecom Stock Roundup: Mixed Q4 for Verizon, AT&T and Qualcomm, FCC to Close Incentive Auction
  Yahoo Finance
  The telecom industry experienced a strong run on the bourse last week as most of the key stocks traded in the green. On the earnings front, U.S. telecom behemoths Verizon Communications Inc. VZ and AT&T Inc. T and mobile chipset giant Qualcomm Inc.and more »
  
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• Intel Q4 sales up more than expected, forecasts flat 2017

  26-01-2017 23:07 via feedproxy.google.com
  (Telecompaper) Intel reported fourth-quarter revenues of USD 16.4 billion, up 10 percent from a year earlier and better than the company's forecast. Its main Client Computing Group contributed USD 9.1 billion, up 4 percent, while the Data Center Group rose by 8 percent to USD 4.7 billion. The newer Internet of Things Group increased sales 16 percent to USD 726 million, and the security unit also grew by 7 percent, to USD 550 million. The chipmaker's gross margin was down 2.6 points from a year a
  
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• Microsoft sales get boost from LinkedIn takeover

  26-01-2017 23:02 via feedproxy.google.com
  
  (Telecompaper) Microsoft reported revenue of USD 24.09 billion for its fiscal second quarter to December, as the takeover of LinkedIn and strong growth in cloud services such as Azure helped offset lower Xbox and phone sales and negative currency effects. Operating profit increased 3 percent to USD 6.18 billion, and net profit rose 4 percent to USD 5.20 billion. Adjusted EPS was up 9 percent to USD 0.83.
  
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• Alphabet revenues up 22% on growth in mobile search, YouTube

  26-01-2017 22:50 via feedproxy.google.com
  
  (Telecompaper) Alphabet reported a strong finish to 2016, led by continued strength at its core Google business and smaller losses at its 'other bets'. Revenues rose 22 percent year-on-year to USD 26.064 billion, led by growth in mobile search and YouTube, according to Google CFO Ruth Porat in a statement. Net profit improved to USD 5.333 billion or USD 7.56 per share from USD 4.923 billion or USD 7.06 per share a year ago. Google contributed USD 25.082 billion in revenue, up 18 percent from a y
  
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• Manx Telecom PLC (MANX) Receives Overweight Rating from Barclays PLC - Sports Perspectives

  26-01-2017 21:25 via sportsperspectives.com
  
  Fiscal Standard
  Manx Telecom PLC (MANX) Receives Overweight Rating from Barclays PLC
  Sports Perspectives
  Manx Telecom PLC logo Barclays PLC reiterated their overweight rating on shares of Manx Telecom PLC (LON:MANX) in a research report released on Wednesday. The brokerage currently has a GBX 220 ($2.75) price objective on the stock. Separately ...
  The Liberum Capital Reiterates Buy Rating for Manx Telecom PLC (MANX)DailyQuint
  Talktalk Telecom Group PLC (TALK) Receives Underperform Rating
  
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• Telecom transition is looming - FCW.com

  26-01-2017 20:41 via fcw.com
  
  FCW.com
  Telecom transition is looming
  FCW.com
  The General Services Administration is preparing to award its 15-year, $50 billion contract for 21st-century telecommunications. The agency is also busy making sure its customer agencies will be able to use it. GSA has not set a firm award date for the ...
  
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• When push comes to shove: Telecom battles go to court - Business Standard

  26-01-2017 17:26 via business-standard.com
  
  Business Standard
  When push comes to shove: Telecom battles go to court
  Business Standard
  The launch of Mukesh Ambani's Reliance Jio mobile services in September 2016 seems to have stirred the $30 billion (Rs 2 lakh crore) Indian telecom market in a number of ways. The past year has in fact been witness to rivalry breaking new ground.
  Free offers by Telecom operators will hurt government tax and ...Tech2
  After cyclone Reliance Jio rips through telecom sector, expect more ...Financial Expressall
  
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• Verizon approaches Charter about potential takeover - report

  26-01-2017 17:13 via feedproxy.google.com
  (Telecompaper) Rumours of a potential Verizon acquisition in the cable market are getting stronger, as the Wall Street Journal reports that the telecom operator made a preliminary approach to Charter Communications. Verizon CEO Lowell McAdam talks to officials close to Charter, which has a market value of more than USD 80 billion, according to the paper's sources. Verizon is working with advisers to study a potential transaction. Any deal will need to gain the approval of cable tycoon John Malon
  
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• Verizon In Talks With Charter On Blockbuster Merger That Could Reshape Telecom And Media Landscape - Hot Hardware

  26-01-2017 17:06 via hothardware.com
  
  Hot Hardware
  Verizon In Talks With Charter On Blockbuster Merger That Could Reshape Telecom And Media Landscape
  Hot Hardware
  Nearly a year ago, federal regulators approved Charter's bid to purchase rival telecom company Time Warner Cable. The $55 billion dollar deal rocketed Charter from the fourth-place position in the U.S. cable market to second place behind Comcast. Now ...
  Report of Verizon-Charter merger talks pose questions for telecom industry, antitrust enforcement, researcher says
  
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• Reps to probe telecom service providers - News Agency of Nigeria (satire) (press release)

  26-01-2017 16:43 via nan.ng
  
  Reps to probe telecom service providers
  News Agency of Nigeria (satire) (press release)
  The House of Representatives on Thursday set up an ad hoc committee to investigate alleged under-payments made by telecommunications service providers to the Federal Government. The resolution emanated from a motion on the need to address the ...and more »
  
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• Reps to probe telecom service providers - News Agency of Nigeria ... - News Agency of Nigeria (satire) (press release)

  26-01-2017 16:43 via nan.ng
  
  Reps to probe telecom service providers - News Agency of Nigeria ...
  News Agency of Nigeria (satire) (press release)
  The House of Representatives on Thursday set up an ad hoc committee to probe alleged under-payments made by telecom service providers.and more »
  
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• Top Five UC Trends for 2017

  26-01-2017 15:00
  
  By Steve Harris, Managing Director SIPHON; and EVP Unified Communications for Nuvias Group Cloud UCIn 2017, we will see the continued and accelerated growth of cloud for Unified Communications (UC) and a cloud-based consumption model for UC services.There has been an adoption of cloud technology across the board, but the growth in the UC arena is significant, and this will continue in 2017. People will want to pay for UC-as-a-Service, with no upfront capital expenditure...Source: RealWire
  
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• Verizon still puzzling over Yahoo

  26-01-2017 14:30
  Yahoo hacks have raised questions over $4.8bn acquisition, but Verizon CFO Matt Ellis said the telco has "not reached any conclusions" yet
  
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• AT&T's Stephenson "optimistic" about Trump

  26-01-2017 14:30
  The AT&T CEO met the new US president earlier this month, and said he was "optimistic" around tax, investment and regulation
  
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• Ericsson new CEO warns about profits

  26-01-2017 14:00
  Sales down 10% as new CEO Börje Ekholm says Ericsson must generate the cash in order to be competitive
  
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• Telecom spending in Saudi to hit $36.8bn in 2017 - Capacity Media (registration)

  26-01-2017 13:23 via capacitymedia.com
  Telecom spending in Saudi to hit $36.8bn in 2017
  Capacity Media (registration)
  Abdulaziz Salem Al-Ruwais, governor of the Communications and Information Technology Commission (CITC) in Saudi Arabia, has reportedly said the Kingdom's telecom sector should grow to SR138 billion ($36.8bn) this year. Middle East Banner 600x90.and more »
  
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• Comcast boosts shareholder returns after strong FY results

  26-01-2017 13:19 via feedproxy.google.com
  
  (Telecompaper) Comcast announced an increase in shareholder returns after reporting its best cable TV results in ten years. The cable company raised its dividend by 15 percent to USD 1.26 per share, plans a 2-for-1 stock split and will buy back another USD 5 billion in shares this year. In the fourth quarter, revenues rose 9.2 percent to USD 21.025 billion. Cable revenues were up 7.1 percent to USD 12.843 billion, and NBCUniversal grew revenue 13.0 percent to USD 8.451 billion, with growth suppo
  
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• Comcast boost shareholder returns after strong FY results

  26-01-2017 13:19 via feedproxy.google.com
  
  (Telecompaper) Comcast announced an increase in shareholder returns after reporting its best cable TV results in ten years. The cable company raised its dividend by 15 percent to USD 1.26 per share, plans a 2-for-1 stock split and will buy back another USD 5 billion in shares this year. In the fourth quarter, revenues rose 9.2 percent to USD 21.025 billion. Cable revenues were up 7.1 percent to USD 12.843 billion, and NBCUniversal grew revenue 13.0 percent to USD 8.451 billion, with growth suppo
  
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• Prysmian’s New Chilean Affiliate Established

  26-01-2017 12:51
  
  ”Prysmian Chile will allow the group to reinforce its position in the South American market,” declared M. Del Brenna, CEO Prysmian Group South AmericaMilan, 26 January 2017– Prysmian Group, world leader in the energy and telecom cable systems industry, announces the establishment of its new Chilean affiliate, which is now fully operational.The South American market is experiencing growth in both the Energy and Telecom sectors, and Chile is one of the most promising markets in..
  
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• Jefferies Group LLC Lowers Talktalk Telecom Group PLC (TALK) Price Target to GBX 125 - Sports Perspectives

  26-01-2017 12:29 via sportsperspectives.com
  
  Sports Perspectives
  Jefferies Group LLC Lowers Talktalk Telecom Group PLC (TALK) Price Target to GBX 125
  Sports Perspectives
  Talktalk Telecom Group PLC logo Talktalk Telecom Group PLC (LON:TALK) had its price target decreased by stock analysts at Jefferies Group LLC from GBX 140 ($1.75) to GBX 125 ($1.56) in a research note issued to investors on Tuesday. The brokerage ...
  Talktalk Telecom Group PLC (TALK) Given New GBX 240 Price Target at Barclays PLCBBNS
  Talktalk Telecom Group PLC (TALK)
  
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• Spire Payments signs 5-year deal with Nets Merchant Services

  26-01-2017 10:01
  
  Spire Payments (a market-leading Fintech payment solution provider) announces today the signing of a five-year contract with Nets Merchant Services, a leading European payment provider. The 5 year deal will see Spire Payments supplying its latest range of POS solutions. This significant milestone comes shortly after the announcement that both companies collaborated to launch an innovative Bluetooth Low Energy (BLE) acceptance device to be deployed as an upgrade to tens of thousands of Nets POS..
  
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• Budget 2017: IT, telecom players expect more for cyber security, broadband - Business Standard

  26-01-2017 09:29 via business-standard.com
  
  Business Standard
  Budget 2017: IT, telecom players expect more for cyber security, broadband
  Business Standard
  With the government's push for digitisation across the board, the information & technology and telecom players are expecting a Union Budget that will try to strengthen cyber security and make broadband available to all that will in turn catalyse ...
  Budget: IT, telecom expect more for cyber security, broadbandDaijiworld.com
  Budget 2017: Expectations From India's Telecom SectorCXOTo
  
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• Barra moves to Facebook to head VR activities

  26-01-2017 09:25 via feedproxy.google.com
  
  (Telecompaper) Hugo Barra has left Xiaomi in order to head up Facebook's virtual reality efforts. The news was announced by Facebook CEO Mark Zuckerberg on the social network. Barra's title will be Vice President of VR. This follows the reogranisation of Oculus in December, into mobile and PC groups. CEO Brendan Iribe stepped down in order to lead the company's PC division, and parent company Facebook went in search of a new CEO for the VR unit.
  
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• Ericsson cuts dividend after Q4 loss on restructuring costs

  26-01-2017 08:20 via feedproxy.google.com
  
  (Telecompaper) Ericsson reported a net loss of SEK 1.6 billion for the fourth quarter compared to a profit of SEK 7.0 billion a year earlier, due to increased restructuring charges and continued weakness in the mobile broadband market. The company said it accelerated its restructuring plans in the quarter, and full-year charges reached SEK 7.6 billion compared with an estimated SEK 5.5-6.5 billion. Quarterly revenues dropped 11 percent to SEK 65.2 billion. This was mainly due to a drop in licens
  
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• Tele2 sales up 18% in Q4 after Swedish takeover

  26-01-2017 08:04 via feedproxy.google.com
  (Telecompaper) Tele2 reported higher sales and operating profit for the fourth quarter, driven by its takeover of TDC Sweden at the end of October. Revenues rose 18 percent to SEK 8.22 billion. On a like-for-like basis, sales were up 2 percent, led by a 6 percent increase in mobile service revenue to SEK 3.74 billion. EBITDA improved 9 percent to SEK 1.46 billion and was up 6 percent on a like-for-like basis. Neverthless, the bottom line was still in the red, at a loss of SEK 177 million versus
  
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• AT&T-Time Warner merger brings new challenge for telecom stocks - CNBC

  26-01-2017 01:08 via cnbc.com
  
  CNBC
  AT&T-Time Warner merger brings new challenge for telecom stocks
  CNBC
  The "Fast Money" traders disuss if competitors can match AT&T's impending merger with Time Warner.
  Telecom stock to watch: AT&T Inc. (NYSE: T)FX Daily Reportall 178 news articles »
  
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• Orange, Ericsson top 10 Gbps in 5G trial

  26-01-2017 01:00
  Orange and Ericsson have exceeded 10 Gbps in a live 5G field trial, the companies revealed this week."The significant increase in throughputs, including on the move, is one of the promises of 5G…read more on TotalTele.com »
  
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• Ericsson pucked

  26-01-2017 01:00
  Ericsson on Thursday invoked the wisdom of ice hockey legend Wayne Gretzky as it looks to get its skates on and revive its ailing fortunes.The Swedish kit maker, led by CEO Börje Ekholm for just over a week, revealed that it is reviewing its operations in order to focus investments on where the company can &ndash…read more on TotalTele.com »
  
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• AT&T chief talks up Trumponomics as Q4 revenue stays flat

  26-01-2017 01:00
  AT&T CEO Randall Stephenson late on Wednesday talked up new U.S. president Donald Trump's economic plans and said he was confident the telco's $85.4 billion (€78.4 billion)acquisition of Time Warnerwill be approved.On the AT&T's quarterly investor call, Stephenson revealed he met with Trump when he was president…read more on TotalTele.com »
  
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