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US telecom firms to face senators questions over phone records
Reuters· 2026-02-10 14:56
Core Viewpoint - The largest U.S. telecom companies are set to face questions from the Senate following a Justice Department investigation that involved obtaining phone data from eight senators related to the January 6, 2021 Capitol events [1] Group 1 - The Senate inquiry is focused on the telecom companies' involvement in the investigation of the January 6 Capitol incident [1] - The Justice Department's actions have raised concerns regarding privacy and the extent of data collection from lawmakers [1] - This situation may lead to increased scrutiny and regulatory challenges for the telecom industry [1]
Telefonica sells Chile unit to NJJ, Millicom for $1.2 billion
Reuters· 2026-02-10 14:39
Core Viewpoint - Spanish telecoms giant Telefonica has sold 100% of its mobile unit in Chile to French holding company NJJ and Luxembourg-based Millicom, aligning with its strategy of divesting from non-core assets [1] Group 1 - The sale is part of Telefonica's broader strategy to streamline operations and focus on core markets [1] - The transaction reflects Telefonica's ongoing efforts to reduce debt and improve financial stability [1] - NJJ and Millicom are expected to leverage the acquisition to enhance their presence in the Latin American telecom market [1]
Millicom (Tigo) acquires Telefonica operations in Chile jointly with NJJ, structured to capture strategic value while protecting its balance sheet
Globenewswire· 2026-02-10 14:00
Core Viewpoint - Millicom, in partnership with NJJ, has acquired Telefonica's operations in Chile, structured to enhance strategic value while safeguarding its balance sheet [1][4]. Acquisition Structure - The acquisition is a joint venture with Millicom holding 49% and NJJ holding 51% [1][4]. - An initial payment of $50 million will be made to Telefonica, with potential additional earn-out payments up to $150 million based on structural value creation [1][5]. - The acquired business will not be consolidated into Millicom's financial statements during the joint ownership, and its financial obligations are non-recourse to Millicom [2][5]. Financial Stability - Telefonica is required to contribute CLP 79 billion (approximately USD 92 million) at closing to ensure balance sheet stability [2][7]. - The structure allows Millicom to maintain financial flexibility while capturing long-term strategic presence in South America [7][11]. Strategic Rationale - Millicom will operate the business from day one, applying its operational expertise to stabilize and strengthen the asset [8]. - The partnership aims to enhance competitiveness, operational efficiency, and support sustained investment in network quality and digital services in Chile [9][10]. - The acquisition is seen as an opportunity to reposition a challenged asset in a significant market at an attractive valuation [9][10]. Future Options - Millicom has the option to acquire NJJ's stake in the business in Year 5 and 6 post-closing at a 10% discount to Millicom's trading multiples [3][6]. - If Millicom does not exercise its option, NJJ can acquire Millicom's 49% stake under similar pricing terms [6].
Meta subsidiary loses appeal against Deutsche Telekom over network services
Reuters· 2026-02-10 13:04
A German court has ruled that Meta subsidiary Edge Network Services must pay Deutsche Telekom about 30 million euros ($35.71 million) that the German telecoms firm claims it is owed for providing netw... ...
五骏贺岁,为AI加“马”,中国移动解锁新春数智新体验
Huan Qiu Wang· 2026-02-10 11:19
Core Viewpoint - China Mobile is leveraging technology to enhance traditional cultural celebrations during the Spring Festival, showcasing its commitment to innovation and customer service through a series of engaging activities and promotions aimed at enriching the festive experience [1]. Group 1: New Consumption Ecosystem - China Mobile has launched the "Junhui·Aigou Li" section, centered around "AI Beans," creating a new consumption ecosystem for the Spring Festival that encourages users to engage in activities like red envelope rain and sharing to accumulate AI Beans [3][5]. - Users can redeem AI Beans for popular video memberships and household goods, making every purchase more valuable, with discounts such as "50% off membership" to enhance family entertainment during the holiday [5]. Group 2: Personalized Experiences - The company has introduced innovative features like "AI Hometown Dialect New Year Greetings," allowing users to create personalized greeting videos in various dialects, enhancing emotional connections during the festive season [7]. - Users can generate unique New Year greetings through a simple four-step process, which includes selecting templates and uploading images and sounds, making the experience more engaging and memorable [7]. Group 3: Enhanced Communication Services - China Mobile continues to focus on core communication services, offering activities like "Traffic Doubling Fun" to reward users with traffic vouchers, ensuring families can enjoy seamless connectivity during the holiday [9]. - The "Love Family Chat" service allows free calls within family circles, enhancing the warmth of family interactions during the New Year celebrations [9]. Group 4: Travel and Lifestyle Offers - The "Junlu·Travel Gift" package provides affordable international roaming and return flow packages, ensuring users have reliable connectivity while traveling during the festive season [9]. - Customized cards like the "Dynamic Zone Mango Card" and "Shenzhou Xing Huanxiao Card" cater to different demographics, offering tailored benefits such as dual video memberships and bill payment options [9]. Group 5: Overall Impact - The "Five Jun New Year Celebration: Adding AI" initiative illustrates how China Mobile is transforming traditional Spring Festival experiences through technology, aiming to integrate user needs with innovative solutions for a brighter digital future [9].
Telstra joint venture to axe more than 200 jobs amid AI rollout
The Guardian· 2026-02-10 09:38
Core Insights - Telstra is expected to cut more than 200 jobs as it implements AI capabilities and shifts some roles to India through a joint venture with Accenture valued at $700 million [1][2][3] - The joint venture aims to enhance efficiency, modernization, and productivity, leveraging Accenture's global capabilities and AI expertise [2][5] - Telstra's CEO, Vicki Brady, emphasized that AI will significantly enhance workforce capabilities, with autonomous AI working alongside staff [4][5] Job Cuts and Workforce Changes - A total of 209 jobs are anticipated to be eliminated, following a previous announcement in 2024 regarding the reduction of 2,800 jobs in Telstra's enterprise business [3] - Affected employees will be offered assistance in finding new positions within Telstra or Accenture, along with access to career transition programs and retrenchment benefits [2][3] Future Outlook - The implementation of AI efficiencies is expected to lead to improved cost efficiencies and a better customer experience for Telstra [3] - The joint venture is part of Telstra's strategy to modernize its data and AI platforms and embed responsible AI practices [5]
淄博移动:三个“升级”点亮全球通客户“信赖时刻”
Qi Lu Wan Bao· 2026-02-10 06:35
Core Insights - The article highlights the transformation of Zibo Mobile's service for Global Communication customers, shifting from traditional fault handling to a comprehensive "experience butler" service [2][3]. Group 1: Service Upgrade - Zibo Mobile has upgraded its network service for Global Communication customers from traditional fault handling to a proactive "experience butler" service, focusing on comprehensive network experience rather than just speed [2]. - The service now includes in-depth home network diagnostics, with engineers equipped with professional toolkits to address customer needs [2][3]. - The initiative emphasizes understanding customer experiences in various life scenarios, particularly catering to the needs of elderly customers [2]. Group 2: Technological Empowerment - The service enhancement is driven by deep technological empowerment, utilizing FTTR (Fiber to the Room) equipment to ensure seamless gigabit network coverage throughout homes [3]. - The transition from standard installations to customized network solutions is based on the structure and lifestyle of customers' residences [3]. Group 3: Value Proposition Upgrade - Zibo Mobile has established a "iron triangle" of service involving home engineers, network experts, and support teams, enhancing the value proposition beyond basic connectivity to include emotional recognition and care [3]. - The company aims to build brand trust and customer loyalty through proactive engagement and detailed explanations, transforming technical advantages into warm customer relationships [3]. Group 4: Service Scenario Upgrade - The service experience has evolved from focusing solely on living rooms to encompassing the entire home, reinforcing the "experience butler" concept [4].
KT(KT) - 2025 Q4 - Earnings Call Presentation
2026-02-10 06:00
Disclaimer This presentation has been prepared by KT Corp.(the "Company") in accordance with K-IFRS. This presentation contains forward-looking statements, which are subject to risks, uncertainties, and assumptions. This presentation is being presented solely for your information and is subject to change without notice. No presentation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, actuality, fairness, or completeness of the information presented. The Company ha ...
Fast-paced Momentum Stock Lumen (LUMN) Is Still Trading at a Bargain
ZACKS· 2026-02-09 14:56
Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Characteristics - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential, leading to potential losses for investors [2] - A safer approach involves investing in bargain stocks that exhibit recent price momentum, utilizing tools like the Zacks Momentum Style Score to identify such opportunities [3] Group 2: Lumen (LUMN) Stock Analysis - Lumen (LUMN) has shown a four-week price change of 1.9%, indicating growing investor interest and positioning it well for momentum investing [4] - Over the past 12 weeks, LUMN gained 0.9%, and its beta of 1.51 suggests it moves 51% more than the market, indicating strong momentum [5] - LUMN has a Momentum Score of A, suggesting it is an opportune time to invest in the stock for potential success [6] Group 3: Earnings Estimates and Valuation - LUMN's upward trend in earnings estimate revisions has earned it a Zacks Rank 1 (Strong Buy), which is associated with strong momentum effects as analysts raise earnings estimates [7] - The stock is trading at a Price-to-Sales ratio of 0.67, indicating it is relatively cheap, as investors pay only 67 cents for each dollar of sales [7] Group 4: Additional Investment Opportunities - Besides LUMN, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - The Zacks Premium Screens offer over 45 different strategies to help identify winning stock picks based on various investing styles [9]
Viper Networks Releases Annual Financial Statements
Globenewswire· 2026-02-09 14:30
Financial Performance - Revenues for the fiscal year 2025 increased to $5.546 million, up from $936 thousand in 2024 [2] - EBITDA improved to $199,197, a significant increase from a loss of ($218,035) in the same period of 2024 [2] - The acquisition of telecommunications subsidiaries, now known as 0Wire Communications, LLC and 0Wire Wholesale, LLC, contributed to this growth, generating $3.280 million in annualized revenue before the acquisition, representing a 69% increase through organic growth [2] Strategic Initiatives - The company is executing its "Everything Wireless: Telecom+Energy" strategy, integrating various technologies into a single platform for global deployment [4] - Key milestones include the launch of mobile virtual network enabler (MVNE) services through a Joint Venture Agreement with Choice Wireless, facilitating mobility services in the US and Caribbean [6] - The company has completed the registration of its regional parent company, 0Wire [CARICOM], LLC, in St. Lucia, with plans to provide services in Dominica, St. Kitts, and St. Lucia in 2026 [6] Management Insights - The CEO highlighted the company's effective execution of its strategic vision and the improvement of financial results and balance sheet [3] - The chairman noted progress in all markets and the anticipation of announcing further developments in the future [3] - The company is undergoing audit processes as part of corporate actions intended by the Board of Directors, including a rebranding to 0Wire, Inc. [6]