Group 1 - AT&T has faced significant pressure over the years, leading to skepticism among investors regarding the company's future prospects [1] - The current forward price-to-earnings (FWD P/E) ratio for AT&T is notably low compared to the broader U.S. market, indicating potential undervaluation [1]

Core Insights - Morocco's telecom operator Orange has officially connected to the Medusa submarine cable, launching the country's first open submarine cable landing station designed and operated by itself [1] - The Medusa cable is the longest submarine cable in the Mediterranean, spanning 8,700 kilometers with 18 landing points across Europe and North Africa, and a total capacity of 20 Tbps [1] - The connection to the Medusa cable is expected to enhance Morocco's international connectivity, strengthen its digital sovereignty, diversify its international connection routes, and reduce reliance on single infrastructure [1] Infrastructure Development - To connect to the Medusa submarine cable, Orange Morocco built the country's first open submarine cable landing station within 15 months [1] - The landing station covers an area of 3,500 square meters and has an IT capacity of 140 kW, capable of providing scalable international connectivity of up to 20 Tbps [1] - This infrastructure is open to all operators and aims to create a future-oriented submarine cable connection platform, attracting leading technology partners, particularly hyperscale data centers, which is strategically significant for building a robust and competitive national digital ecosystem [1]

Core Insights - Singapore's stock market, particularly the Straits Times Index (STI), is experiencing significant growth, reaching new all-time highs after a prolonged period of slow trading [1][3] - Major blue-chip companies like DBS, Singtel, and Keppel are gaining strength, while several REITs, including Mapletree Logistics Trust and CapitaLand Ascendas REIT, are showing signs of stabilization after challenging years [1][3] Market Dynamics - The market is benefiting from several tailwinds, including peaking interest rates and easing financing costs for REITs, which could lead to a recovery in DPU growth [3] - Stronger blue-chip companies, such as DBS and OCBC, are well-capitalized and demonstrating resilient earnings, indicating a robust market foundation [3][4] Strategic Initiatives - The Monetary Authority of Singapore (MAS) has launched a S$5 billion Equity Market Development Program aimed at revitalizing the Singapore Exchange (SGX), attracting more listings, and enhancing liquidity [4] - This initiative represents a structural push rather than a temporary measure, signaling long-term growth potential for the market [4] Investment Outlook - Analysts suggest that 2026 could be a pivotal year for dividend investing, as improving market fundamentals and returning confidence create favorable conditions for dividend investors [5][8] - The current market environment presents a crucial opportunity for income investors to prepare for potential growth before 2026 [8] Stock Selection Criteria - Not all stocks will benefit equally from the market recovery; some may offer high yields without solid earnings backing, while others may appear cheap but carry long-term risks [6][7] - The strongest dividend opportunities are characterized by reliable free cash flow, prudent gearing, sensible payout ratios, a durable competitive moat, and clear visibility into earnings or DPU growth [11]

Core Viewpoint - Amer Movil (AMX) has experienced a significant downtrend, with a 10.9% decline over the past four weeks, but it is now in oversold territory, suggesting a potential turnaround due to improved earnings expectations from analysts [1]. Group 1: Technical Analysis - The Relative Strength Index (RSI) is a key technical indicator used to determine if a stock is oversold, with readings below 30 indicating oversold conditions [2]. - AMX's current RSI reading is 29.38, suggesting that the heavy selling pressure may be exhausting, indicating a possible price rebound [5]. - The RSI helps investors identify potential entry points for stocks that have fallen below their fair value due to excessive selling [3]. Group 2: Fundamental Analysis - Analysts have shown strong consensus in raising earnings estimates for AMX, with a 0.4% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [7]. - AMX holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a near-term turnaround [8].

Group 1 - Telefonica has proposed to cut more than 4,500 jobs across several units in Spain, with the plan being described as fully voluntary by union representatives [1] - The job cuts are part of a broader restructuring effort within the company to improve operational efficiency and adapt to changing market conditions [1] - Union representatives have indicated that the proposal aims to minimize the impact on employees, emphasizing the voluntary nature of the job reductions [1] Group 2 - The restructuring plan reflects ongoing challenges in the telecommunications industry, including increased competition and the need for cost management [1] - Telefonica's decision aligns with trends seen in the industry where companies are seeking to streamline operations in response to economic pressures [1] - The job cuts may also be influenced by the company's strategic focus on digital transformation and investment in new technologies [1]

Core Viewpoint - China Mobile Guangxi Company has innovatively developed the "Health Bridge" service model to address the healthcare challenges faced by the Miao community, focusing on improving access to quality medical resources in remote areas [1][3]. Group 1: Health Service Innovations - The "Health Bridge" service model includes building a "Smart Bridge," creating a "Warm Path," and empowering "Guardians" to deliver quality medical resources to remote Miao villages [1][3]. - The service has successfully completed 181 remote electrocardiogram diagnoses, providing critical time for potential severe patients [4]. Group 2: Digital Healthcare Accessibility - China Mobile has optimized technology for elderly Miao individuals, such as creating a "big font interface" and voice navigation to help them use smartphones for online consultations [5][7]. - Volunteer teams have been established to provide digital training to the elderly, ensuring they can access healthcare services easily [7]. Group 3: Infrastructure Development - The company has prioritized network coverage in remote areas, successfully building 141 4G/5G base stations to enhance communication and healthcare access [10][11]. - A dedicated team faced significant challenges to establish a 21-meter communication tower in a remote area, ensuring that no resident is left without signal [10][11].

Core Viewpoint - The article highlights three standout companies in the Dow Jones Industrial Average that are considered great long-term investment opportunities due to their strong dividend yields and solid business fundamentals. Group 1: High-Yield Dividend Stocks - Verizon Communications offers a dividend yield of 6.66%, making it an attractive option for investors seeking passive income, especially if interest rates continue to decline [4][5] - Chevron has a dividend yield of 4.55% and has generated nearly $187 billion in revenue over the past four quarters, supporting its dividend payments [6][7] - Merck provides a dividend yield of 3.23% and has a strong pipeline of drugs, ensuring its dividend remains stable despite potential patent losses in the future [9][10] Group 2: Additional Dividend Stocks - Amgen has a dividend yield of 3% and has consistently increased its annual dividend since 2011, with a payout ratio below 50%, indicating strong financial support for its dividends [12][13] - Coca-Cola, with a dividend yield of 2.92%, is recognized for its brand strength and has a history of 63 consecutive years of annual dividend increases, making it a reliable investment [14][15] Group 3: Investment Recommendations - The article suggests that Chevron, Merck, and Coca-Cola stand out as the best investment choices heading into the new year due to their strong fundamentals and dividend performance [16]

Core Points - VEON Ltd. and its operating company Kyivstar will release their consolidated financial and operating results for Q4 and full year 2025 on March 16, 2026 [1][2] - The results will be available at 8:00 GST (5:00 CET, 0:00 EST) [2] - A conference call with VEON's senior management will take place on the same day, with Kyivstar's call scheduled for the following day [2] Company Overview - VEON is a global digital operator providing connectivity and digital services to nearly 150 million connectivity users and 140 million digital users [3] - The company operates in five countries, serving over 6% of the world's population, and focuses on technology-driven services that empower individuals and stimulate economic growth [3] - VEON is listed on NASDAQ [3]

Core Insights - The analysis indicates a rotation of leadership between large caps and broader markets over the past five years, with 2025 emerging as a year where large caps have regained their defensive edge [1][15] - The post-pandemic liquidity boom in 2021 favored broader markets, with the BSE Largecap index returning 25%, while midcaps and smallcaps outperformed with returns of 39% and 63% respectively [1][15] - In 2022, large caps showed resilience with a 4.73% increase, while midcaps and smallcaps struggled, highlighting their vulnerability during risk-off phases [1][2][15] - A strong risk appetite returned in 2023, leading to significant rebounds in midcaps and smallcaps, which rallied 46% and 48% respectively, compared to a 19% rise in the BSE Largecap index [5][15] - As of 2025, large caps are on track to outperform mid and small caps, with the BSE Largecap index rising nearly 9% while the BSE Smallcap index declined by 8% [1][15] Market Performance - The BSE Largecap index has shown a mixed performance in 2025, with notable volatility; it fell 1.7% in January and 6.6% in February, but rebounded sharply by 7% in March [6][7][15] - The first five months of 2025 saw the India VIX rise to a 52-week high of 23.19, indicating increased market volatility, before settling around 10, a decrease of over 55% [8][15] - Out of 121 stocks in the BSE Largecap index, 72 have delivered positive returns of up to 54% in 2025, with 55 stocks achieving double-digit returns [10][15] Future Outlook - Brokerage Motilal Oswal Financial Services anticipates that large caps will continue to outperform in the medium term, contingent on foreign institutional investors returning as net buyers in Indian equities [12][15] - Kranthi Bathini from WealthMills Securities suggests that 2026 could favor large-cap stocks, as they have undergone a time-wise correction and are poised for the next rally [12][15] - The wealth creation study by Motilal Oswal indicates that the period from 2020 to 2025 has seen the highest wealth creation in 30 years, with the top 100 companies adding ₹148 trillion [15]

Core Insights - AT&T, Inc. has one of the largest 5G network infrastructures in the U.S., connecting over 310 million people across 26,100 cities and towns [1][8] - The company is transitioning its 5G mobile network to Microsoft's cloud to enhance productivity and service delivery [2][8] - The U.S. 5G services market is projected to grow at a compound annual growth rate of 51.1% from 2025 to 2030, driven by high-bandwidth applications [3] 5G Network Infrastructure - AT&T's 5G policy framework includes mobile 5G, fixed wireless, and edge computing, utilizing millimeter wave spectrum in urban areas and mid/low-band spectrum in suburban and rural areas [1] - Recently, AT&T deployed mid-band spectrum from EchoStar at 23,000 cell sites, improving download speeds by 80% for mobility and 55% for Internet Air users [4][8] Competitive Landscape - AT&T faces competition from Verizon and T-Mobile in the 5G market, with T-Mobile covering 98% of Americans and focusing on rural areas with faster speeds [5] - Verizon is enhancing its 5G infrastructure with a focus on massive spectrum holdings and small cell deployment for improved customer experience [6] Financial Performance - AT&T's stock has increased by 7.6% over the past year, contrasting with a 6% decline in the industry [7] - Earnings estimates for 2025 and 2026 have risen by 0.5% to $2.06 and 0.4% to $2.26, respectively, over the past 60 days [9] Valuation Metrics - AT&T trades at a forward price-to-earnings ratio of 10.95, which is below the industry average of 11.62 [11]