Core Points - The article discusses the total number of shares and voting rights of Orange, in compliance with French commercial regulations [1] - A double voting right is granted to fully paid-up shares held in registered form for at least two years, effective from April 3, 2016 [1] Summary by Category Share Information - As of January 31, 2025, Orange has a total of 2,660,056,599 shares, with 3,835,000 treasury shares without voting rights, resulting in 3,172,669,760 theoretical voting rights and 3,169,834,760 exercisable voting rights [2] - By June 30, 2025, the total number of shares remains the same at 2,660,056,599, with treasury shares decreasing to 1,456,848, leading to 3,180,452,886 theoretical voting rights and 3,178,996,038 exercisable voting rights [2] Voting Rights - The number of theoretical voting rights fluctuates slightly over the months, starting from 3,172,669,760 in January 2025 and reaching 3,180,452,886 by June 2025 [2] - The number of exercisable voting rights also shows a similar trend, starting at 3,169,834,760 in January and increasing to 3,178,996,038 by June [2]

Core Insights - The investment strategy focuses on acquiring strong businesses when they are undervalued, emphasizing the importance of quality and price in investment decisions [1] - The portfolio has evolved over time, transitioning through various industries including telecom, banking, technology, and emerging markets, with a current emphasis on high-quality businesses [1] - The investment philosophy is influenced by notable investors and CEOs, highlighting the value of learning from successful figures in the industry [1] Investment Strategy - The approach prioritizes companies with large user bases and extensive content libraries, recognizing the potential for cross-selling opportunities [1] - Valuation is conducted at the EBIT plus R&D level, reflecting a belief in the significance of certain R&D investments [1] - The investment performance from February 2019 to October 2024 shows an annual return of 11.4% CAGR, which is below the market's 15.18% CAGR, indicating a need for improved future performance [1] Portfolio Management - The strategy aims to minimize portfolio turnover, with a focus on holding existing investments rather than frequent buying and selling [1] - The philosophy rejects traditional "Buy" and "Sell" recommendations, advocating for a "Strong Buy" threshold for exceptional businesses and categorizing others as "Strong Sell" to free up capital for new opportunities [1] - A "Hold" position may be initiated for high-quality businesses if their pricing is not favorable, indicating a flexible approach to investment management [1]

Core Insights - Ericsson has been selected by Latvia's largest communication service provider, Latvijas Mobilais Telefons (LMT), to modernize its core network infrastructure and support the nationwide deployment of 5G Standalone (5G SA) services [1][8] - The partnership between Ericsson and LMT is long-standing, focusing on innovative initiatives and network development projects, marking the initial deployment of Ericsson's Unified Data Management (UDM) solution within the Telia Group [2][8] - The upgrade to a cloud-native architecture will enhance LMT's agility, scalability, and innovation in delivering advanced digital services [1][3] Company Developments - The deal involves a comprehensive overhaul of LMT's subscriber domain infrastructure, transitioning to a cloud-based, service-oriented architecture [3] - Key components of the transformation include the deployment of Ericsson's Network Functions Virtualization Infrastructure, allowing LMT to run both virtualized and cloud-native network functions [4] - The agreement also includes replacing LMT's legacy Home Location Register (HLR) and Home Subscriber Server (HSS) with Ericsson's UDM platform, crucial for supporting Latvia's expanding digital economy [5] Market Position and Strategy - Ericsson is positioned to grow by capitalizing on strong 5G demand, aiming to lead in mobile networks and develop a robust enterprise business [6] - The company has made strategic acquisitions, including Vonage and Cradlepoint, to expand into wireless, 5G, and security sectors [6] - Recent innovations include the launch of Ericsson On-Demand, a SaaS model for 5G core network services developed in collaboration with Google Cloud, enhancing operational efficiency for communications service providers [7] Challenges and Competition - Despite growth opportunities, Ericsson faces pressures from geopolitical and economic challenges, including declining revenues in China due to market share issues and competition from Huawei and Nokia [8][9] - Supply-chain issues and reduced spending by telecom operators in various regions are contributing to revenue declines [9] Financial Performance - Ericsson currently holds a Zacks Rank 2 (Buy) and has gained 37.3% over the past year, outperforming the Zacks Wireless Equipment industry's growth of 33.3% [10]

South Korean authorities said SK Telecom should waive fees for users who want to leave the network following a data breach that affected about half the country’s population https://t.co/kwT7bhXgYj ...

June 30, 2025 04:01 AM GMT US Equity Strategy | North America Weekly Warm-up: Is the Equity Market Strength Justified? Equity markets have been resilient since bottoming in April, and the rally has been more fundamentally-driven than many appreciate. While there could be some consolidation during 3Q, we remain bullish on a 6-12 month horizon as EPS tailwinds expand, and the market has line of sight to Fed cuts. | M Weekly Warm-up: Is the Equity Market Strength Justified? Equity markets have been resilient s ...

Core Insights - The One Big Beautiful Bill Act will enable AT&T to accelerate fiber infrastructure deployment, adding 1 million fiber customer locations annually starting in 2026 [1][2] - The legislation aims to enhance U.S. leadership in innovation and create economic opportunities nationwide [2] - The bill includes provisions for midband spectrum, addressing consumer demand and maintaining technological competitiveness [3] Company Impact - AT&T anticipates a significant increase in investment in next-generation networks due to the new policies, which will facilitate faster infrastructure builds [2][3] - The company plans to provide an update on the financial impact of the One Big Beautiful Bill Act during its second quarter results announcement on July 23, 2025 [5] Legislative Support - Key political figures, including Senate Majority Leader John Thune and House Speaker Mike Johnson, played a crucial role in establishing the spectrum pipeline and renewing FCC auction authority [4] - The bill is seen as a strategic move to restore America's global lead in wireless technology through effective policy [3]

German telecommunications company Deutsche Glasfaser is seeking to lure investors with better terms in its €1 billion ($1.2 billion) fundraising process, after an initial push to raise common equity fell flat. https://t.co/HrQ9Et4TtR ...

Nvidia Corp (NASDAQ:NVDA) just became the world's most valuable company in history. The shares hit a record high of $160.98 today, up 19.1% since the start of 2025. For those betting on even more highs for the semiconductor giant, it's worth noting that the stock rarely disappoints in the third quarter. Per Schaeffer's Senior Quantitative Analyst Rocky White, NVDA finished the third quarter positive in eight out of the last 10 years, making it one of the best S&P 500 Index (SPX) stocks to own during this ti ...

号码保护服务业务由应用平台提供方、基础平台提供方和业务使用方三者协同开展。为满足开 展号码保护服务业务的号码资源需求，并与固定、移动用户号码明显区分，便于用户识别， 工业和信息化部规划700号段作为号码保护服务业务的专用号码资源，管理位长11位，使用位 长15位。 工业和信息化部要求各业务参与方严格遵守码号资源管理、防范治理电信网络诈骗、实名制、 非应邀商业电子信息防控等各项规定，制定本企业相关落实措施，建立完善相关技术手段，加 强业务和安全管理。 据央视新闻报道，工业和信息化部日前通知， 将部署开展号码保护服务业务试点工作。 号码保护 服务业务是指受快递、外卖、网约车等互联网平台企业及其他企事业单位委托，为其个人用户 分配临时号码（通常称为"中间号"或"隐私号"）代替真实手机号码 ，利用公用电信网实现和 他人之间的话音、短消息等通信功能，减少个人手机号码泄露风险的一种业务。 ...

Core Insights - Shenandoah Telecommunications (SHEN) subsidiary Glo Fiber has launched a 100% fiber-optic broadband service in select neighborhoods of Hillsboro, OH, aiming to enhance digital infrastructure in the region [1] - Glo Fiber currently serves approximately 363,000 homes and businesses and plans to expand to 550,000 by the end of 2026, with a significant revenue increase of 27% year over year to $87.9 million [5][8] - The company utilizes advanced XGS-PON technology to deliver Internet speeds of up to 5 Gbps, providing reliable and symmetrical broadband services [2] Company Performance - In the first quarter of 2025, Glo Fiber added 5,400 subscribers and 16,600 new passings, resulting in a 52% year-over-year revenue growth in Glo Fiber Expansion Markets [5] - Adjusted EBITDA increased by 43% to $27.6 million, supported by strong performance in established markets [5] - The company is optimistic about free cash flow from mature markets, which now have margins exceeding 40% [5] Market Expansion - Glo Fiber's construction efforts are set to continue through early 2026, with over 3,000 homes and businesses in Hillsboro gaining access to high-speed Internet [1] - The company aims to reach 440,000 homes by the end of 2025 and 550,000 by the end of 2026 [6] - Glo Fiber's services include Whole Home Wi-Fi, video streaming, and digital phone services, enhancing customer experience with transparent pricing and local support [3][4] Competitive Landscape - Despite the positive growth, Glo Fiber faces challenges such as intense spending on buildouts and competition in certain markets [6] - Management is implementing strategies like selective promotions and inventory stockpiling to mitigate potential impacts from these challenges [6]