Telecommunications Services
Search documents
X @Bloomberg
Bloomberg· 2026-04-08 00:58
Telefonica has sold its Mexican unit, Telefonica Hispanoamerica, to Melisa Acquisition in a deal worth $450 million https://t.co/B4whwEPf41 ...
VTel Wireless partners with Ericsson to launch first nationwide 5G Standalone VoNR roaming for rural America
Prnewswire· 2026-03-31 13:00
Core Insights - VTel Wireless has partnered with Ericsson to launch the first nationwide 5G Standalone VoNR roaming service for rural America, enhancing wireless connectivity in remote areas [1][2]. Group 1: Partnership and Technology Deployment - VTel has selected Ericsson as its 5G Core and Radio Access Network (RAN) provider, marking a significant step in the rollout of a 5G Standalone network [1][2]. - This deployment will enable VTel to support fully native 5G Standalone VoNR roaming, allowing subscribers of national communications service providers to maintain high-quality 5G connectivity in rural areas [2][5]. - The new core network eliminates reliance on legacy 4G LTE VoLTE systems, providing a modern 5G experience for users [2][5]. Group 2: Leadership and Vision - VTel aims to close the digital divide in rural communities through substantial investment in next-generation infrastructure, as emphasized by its CEO Dr. Michel Guité [3]. - The partnership with Ericsson is seen as a pivotal move to ensure that rural communities can access world-class connectivity, thereby participating fully in the digital economy [3][4]. Group 3: Broader Impact and Future Readiness - The deployment of Ericsson's dual-mode 5G Core and advanced RAN technologies will enhance network efficiency and flexibility, preparing VTel for future 5G innovations [4][6]. - The collaboration with Xtreme Enterprises aims to expand 5G SA roaming capabilities to ultra-rural carriers across the U.S., creating a scalable model for modern rural connectivity [6].
Uniti Fiber Names Heather Orrico to Lead Enterprise Sales
Globenewswire· 2026-03-30 13:30
Core Insights - Uniti Fiber has appointed Heather Orrico as president of Enterprise Sales to enhance its enterprise sales strategy and growth in the southeastern U.S. [1] Company Overview - Uniti Fiber is a business unit of Uniti (NASDAQ: UNIT) that provides customized enterprise-grade fiber, ethernet, dark fiber, voice, unified communications, colocation, and managed connectivity solutions [7] - The company serves over 375,000 business, state and local government, and education locations across 35 markets in six southeastern states [7] Leadership Background - Heather Orrico has over 20 years of experience in telecommunications, with a strong background in engineering, operations, and sales [2] - She previously held leadership roles at Comcast, including vice president for the Texas region, and has been recognized for her sales performance and team-building capabilities [2][3] Achievements and Initiatives - Orrico has been a Presidents Club honoree multiple times, with consistent year-over-year sales and revenue growth, and was named Leader of the Year in 2023 [3] - She has a commitment to leadership development, having created programs to enhance leadership skills and launched a podcast discussing the impact of emerging technologies on business growth [4][5] Vision and Commitment - Orrico expressed her commitment to leveraging Uniti's fiber infrastructure to help businesses thrive in a digital environment and emphasized the importance of the sales team in achieving success [5]
Convening Notice for Annual General Meeting of Shareholders
Globenewswire· 2026-03-25 21:00
Core Viewpoint - Millicom International Cellular S.A. is convening its annual general meeting (AGM) on May 20, 2026, to discuss key agenda items including the approval of financial reports, dividend distribution, and the election of directors [2][3]. Group 1: AGM Details - The AGM will take place at Luxembourg Marriott Hotel on May 20, 2026, at 1:00 p.m. CET [2]. - Shareholders must be registered with Broadridge by May 6, 2026, to participate and vote [9][10]. - The agenda includes the election of the chair, management reports, approval of annual accounts, and dividend distribution [5][6]. Group 2: Financial Performance and Dividend - Millicom reported a profit of USD 1,203,488,812 for the fiscal year ended December 31, 2025, with unappropriated net profits carried forward of USD 1,516,871,900 [31]. - The Board proposes a dividend of USD 3 per share, to be paid in four equal installments totaling approximately USD 507 million, scheduled for July 15, 2026, October 15, 2026, January 15, 2027, and April 15, 2027 [34][36]. - The company confirms sufficient reserves to distribute the proposed annual dividend, subject to no losses incurred from January 1, 2026 [36]. Group 3: Director Elections and Remuneration - The Board proposes to set the number of directors at eight and re-elect several current directors for a term ending at the 2027 AGM [43]. - Directors' remuneration for the period from the AGM to the 2027 AGM is proposed to remain unchanged, totaling approximately USD 1,017,500 [48][49]. Group 4: Auditor and Share Repurchase Plan - KPMG is proposed to be re-elected as the external auditor for a term ending at the 2027 AGM [50]. - A share repurchase plan is proposed to allow Millicom to repurchase up to 10% of its outstanding shares, providing flexibility for long-term capital allocation [51][53].
Turkcell Secures US$1 Billion Murabaha Syndication Facility to Boost 5G and Future Connectivity
Businesswire· 2026-03-23 16:51
Core Insights - Turkcell has secured a significant US$1 billion syndicated international Murabaha financing agreement with 14 banks [1] Company Summary - The financing arrangement marks a landmark achievement for Turkcell, indicating strong confidence from the banking sector in the company's financial stability and growth potential [1]
Investing this Aidilfitri: How the FTSE ST Singapore Shariah Index Selects its Stocks
The Smart Investor· 2026-03-20 09:30
Core Insights - The FTSE ST Singapore Shariah Index is designed to track companies on the Singapore Stock Exchange that comply with Islamic investment standards, appealing to both Muslim and broader investors seeking ethical investment options [2][19]. Group 1: Shariah Compliance Criteria - The index uses a two-step screening process: business activity screening and financial ratio screening [7][19]. - Business activity screening excludes companies involved in industries that do not meet Islamic ethical guidelines, such as banking, gambling, and alcohol [4][8]. - Financial ratio screening ensures that companies maintain specific thresholds for leverage and interest-bearing assets, with a gearing ratio limit of 33.33% and cash and interest-bearing securities not exceeding 33.33% of total assets [16][10]. Group 2: Examples of Compliance - Singapore Telecommunications Limited passes the business activity screening due to its focus on digital services and telecommunications [6][5]. - Hongkong Land Holdings Limited meets the financial ratio criteria with a gearing ratio of 12% and cash ratios below Shariah limits, allowing it to be included in the index [11][12]. Group 3: Review Process - The FTSE ST Singapore Shariah Index is reviewed bi-annually, ensuring that companies that no longer meet Shariah criteria are removed and replaced [13]. Group 4: Broader Appeal - The index's criteria may attract a wider audience due to its emphasis on lower leverage and sustainable business models, appealing to investors focused on financial discipline [14][15].
Jio tells bankers it may file IPO prospectus as early as March
The Economic Times· 2026-03-18 01:21
Core Viewpoint - Reliance Industries Ltd. is preparing for the initial public offering (IPO) of its telecom unit, Jio Platforms Ltd., with plans to file a draft red herring prospectus by the end of the month, potentially making it India's largest-ever IPO [2][6]. Group 1: IPO Preparations - The company has appointed 17 bankers to manage the IPO, including nine global banks such as Morgan Stanley, HSBC, JPMorgan Chase, Citigroup, and Goldman Sachs, along with domestic advisers like Kotak Mahindra Capital, Axis Capital, JM Financial, and SBI Capital Markets [1][6]. - The IPO plans have accelerated following a government approval that allows large issuers to dilute as little as 2.5% of their equity [2][6]. Group 2: Offering Details - The proposed IPO is expected to consist mainly of a secondary share sale by existing investors and is anticipated to occur later this year [2][6]. - Specific details regarding the size, structure, and timing of the transaction are still being finalized and may change [2][6].
Blount County, Alabama Communications District selects Southern Linc to integrate two-way radio systems for public safety employees
Prnewswire· 2026-03-17 14:00
Core Insights - Southern Linc has been selected by Blount County, Alabama Communications District to integrate existing radio systems with its CriticalLinc LTE network, enhancing public safety communications [2][5]. Group 1: Challenges and Solutions - Blount County faced issues with reliable handheld radio coverage, particularly for personnel on foot, leading to reliance on outdated VHF radios [3]. - The county sought a long-term solution to improve communication reliability while adhering to budget constraints [4]. - Southern Linc's interoperable communications solution was chosen to leverage existing infrastructure and integrate it with a secure LTE network, providing expanded coverage and improved performance [5]. Group 2: Technical Features and Benefits - The new communications architecture includes built-in redundancy, ensuring continuity if any single channel fails, likened to a safety net with multiple layers [6]. - The solution features end-to-end encryption for law enforcement channels, ensuring compliance with federal standards and protecting sensitive communications [7]. - Southern Linc's gateway solution is designed for mission-critical requirements, supporting 32 law enforcement and fire agencies, and enabling interoperability with state agencies [8]. Group 3: Strategic Importance - Blount County is focused on validating the performance of its communications architecture during real-world incidents, emphasizing technical resilience [9]. - This integration represents a strategic investment in secure and robust communications capable of meeting critical demands [10].
Cablevisión Holding Announces Its Full Year and Last Quarter 2025 Results
TMX Newsfile· 2026-03-11 02:34
Core Viewpoint - Cablevisión Holding S.A. reported significant financial growth for the Full Year and Last Quarter of 2025, driven by the acquisition of Telefónica Móvil Argentina and increased average revenue per user (ARPU) across its services [1][8]. Financial Highlights - Total Revenues reached Ps. 8,328,814 million, marking a 53.0% increase in real terms compared to 2024, primarily due to the incorporation of TMA's revenue and higher ARPUs in mobile, internet, and cable TV services [4][8]. - EBITDA amounted to Ps. 2,503,367 million, reflecting a 64.7% increase in real terms from 2024, with an EBITDA Margin of 30.1%, up from 27.9% in the previous year [4][8]. - Consolidated Net Loss was Ps. 159,916 million, with a loss attributable to the controlling company of Ps. 81,050 million, indicating a significant increase in losses compared to the previous year [4][8]. Cost Analysis - Total Costs (excluding depreciation and amortization) reached Ps. 5,825,447 million, a 48.5% increase in constant currency, largely due to the incorporation of TMA [4][8]. - Excluding TMA's impact, total costs decreased by 3.7% compared to 2024, amounting to Ps. 3,777,608 million [8]. Company Overview - Cablevisión Holding S.A. is a leading Argentine holding company focused on telecommunications infrastructure and services, including cable TV, broadband, and mobile communications [6].
Lumen (LUMN) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2026-03-10 17:00
Core Viewpoint - Lumen (LUMN) has received a Zacks Rank 1 (Strong Buy) upgrade, indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [4]. Recent Performance and Outlook - For the fiscal year ending December 2026, Lumen is expected to earn -$0.11 per share, unchanged from the previous year, but analysts have raised their estimates significantly, with a 89.3% increase in the Zacks Consensus Estimate over the past three months [8]. - The upgrade to Zacks Rank 1 places Lumen in the top 5% of Zacks-covered stocks, suggesting potential for higher stock prices in the near term [10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [7][9]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks are considered for strong buy recommendations, highlighting Lumen's favorable position [9][10].