Category: Telecommunications

VIV – Telefônica Brasil S.A.

Vivo selling 1,909 towers to Telxius

Telefônica Brasil (NYSE:VIV) says in a filing that it has agreed to sell 1,909 towers to Telxius Torres Brasil (an indirect subsidiary of Spanish parent Telefónica (NYSE:TEF)).

That deal, intended to optimize capital allocation, comes for 641M reais in consideration (about $153M).It ensures continuity in providing mobile service by including leasebacks, and establishes conditions for expanding rented space. The transaction still needs approval from CADE, Brazil’s antitrust regulator.

Telefonica Brasil S.A. is a mobile telecommunications company in Brazil offering postpaid mobile services. The Company also operates as a fixed telecommunications company in the state of Sao Paulo. The Company markets its mobile services under its Vivo brand. It offers its clients a portfolio of products, including mobile and fixed voice, mobile data, fixed broadband, ultra-fast broadband, Pay television, information technology and digital services.

Its operations consist of local and long distance fixed telephone services; mobile services, including value-added services; data services, including broadband services and mobile data services; Pay television services through direct to home (DTH), Internet protocol television (IPTV) and cable; network services, such as rental of facilities, as well as other services; wholesale services, including interconnection; digital services; services designed specifically for corporate customers, and the sale of wireless devices and accessories.

T-Mobile US Inc NASDAQ: TMUS

T-Mobile US, Inc. is a wireless company. As of December 31, 2016, the Company provided wireless communications services, including voice, messaging and data, to over 71 million customers in the postpaid, prepaid and wholesale markets. It provides services, devices and accessories across its brands, T-Mobile and MetroPCS. It provides wireless communication services through a range of service plan options.

The Company offers a device trade-in program, Just Upgrade My Phone (JUMP!), which provides customers a specified-price trade-in right to upgrade their device. It offers a range of wireless devices, including handsets, tablets and other mobile communication devices, and accessories for sale, as well as financing through equipment installment plans (EIPs) and leasing through JUMP On Demand. The Company, through Layer3 TV provides television services that works on any device with an internet connection.

AT&T Inc NYSE: T

AT&T Inc. is a holding company. The Company is a provider of telecommunications, media and technology services globally. The Company operates through four segments: Communication segment, WarnerMedia segment, Latin America segment and Xandr segment. The Communications segment provides wireless and wireline telecom, video and broadband services to consumers.The business units of the Communication segment includes Mobility, Entertainment Group and Business Wireline.

The WarnerMedia segment develops, produces and distributes feature films, television, gaming and other content over various physical and digital formats. The business units of the WarnerMedia segment includes Turner, Home Box Office and Warner Bros. Latin America segment provides entertainment services in Latin America and wireless services in Mexico. Viro and Mexico are the business units of the Latin America segment. The Xandr segment provides advertising services.

Sprint Corp NYSE: S

Sprint Corporation (Sprint) is a holding company. The Company, along with its subsidiaries, is a communications company offering a range of wireless and wireline communications products and services that are designed to meet the needs of consumers, businesses, government subscribers and resellers. It operates through two segments: Wireless and Wireline. The Company offers wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale basis.

The Wireline segment provides voice, data and Internet Protocol (IP) communication services to its Wireless segment. The Company offers wireless and wireline services to subscribers in approximately 50 states, Puerto Rico, and the United States Virgin Islands under the Sprint corporate brand, which includes its retail brands of Sprint, Boost Mobile, Virgin Mobile and Assurance Wireless on its wireless networks utilizing various technologies.

VOD – Vodafone Group Plc

Vodafone Group Plc is a telecommunications company. The Company’s business is organized into two geographic regions: Europe, and Africa, Middle East and Asia Pacific (AMAP). Its segments include Europe and AMAP. Its Europe segment includes geographic regions, such as Germany, Italy, the United Kingdom, Spain and Other Europe.

The Other Europe includes the Netherlands, Portugal, Greece, Hungary and Romania, among others. Its AMAP segment includes India, South Africa, Tanzania, Mozambique, Lesotho, Africa, Turkey, Australia, Egypt, Ghana, Kenya, and among others. The Company provides a range of services, including voice, messaging and data across mobile and fixed networks.

Nokia Down 24% ~ Ouch

5G … Say What

Non-IFRS FY19 EPS is expected at €0.21 (±€0.03) from the prior guidance of €0.25 – €0.29. Non-IFRS operating margin at 8.5% (±1%). Recurring free cash flow to be negative from slightly positive, implying net cash to €1.5B at the end of FY19.

FY20 non-IFRS EPS is expected in the range of €0.25 (±€0.05) from the prior guidance of €0.37 – €0.42. Non-IFRS operating margin at 9.5% (±1.5%).

The company will not distribute the third and fourth quarterly instalments of the dividend for the financial year 2018 to increase 5G investments, investments in growth in strategic focus areas of enterprise and software and strengthen Nokia’s cash position.

Nokia Corporation (NOK)

Nokia’s (NYSE:NOK) inconsistent quarterly results are holding the stock back. The market sell-off sent NOK stock back to 52-week lows, even though the company continues to win big 5G contracts. On Sept. 29, Japan’s telecom firm KDDI selected Nokia for its 5G upgrade.

As its primary partner to upgrade its network from 4G to 5G, Nokia will install its radio access solution AirScale. With this approach, KDDI will get support for both 4G and 5G operations. Nokia is an existing supplier to KDDI and the two firms have a strong relationship that is over two decades old. \

To support the need for ongoing R&D activities, Nokia showcased its Future X Lab in Finland. This will enable customers to take a look at Nokia’s 5G offerings. Nokia will demonstrate its technologies and innovations to customers at the “Experience Zone.”

Nokia’s Q2 revenue growth of 2.52% Y/Y and an EPS of $0.056 signals a profitable path ahead. Plus, management reiterated its commitment to a dividend of up to EUR 0.20 (US $0.22) annually. Income investors seeking growth get rewarded a dividend that yields around 4.5%.