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Why AST SpaceMobile Stock Skyrocketed 102.6% Last Month, but Has Slipped in July
The Motley Fool· 2025-07-08 17:13
AST SpaceMobile (ASTS 0.85%) stock recorded huge gains across June's trading. The space technology company's share price surged 102.6% in a month that saw the S&P 500 (^GSPC -0.04%) rise 5% and the Nasdaq Composite (^IXIC 0.06%) jump 6.6%.Excitement surrounding defense technology plays and bullish momentum for the broader market helped AST stock close out the period with huge gains. New partnership announcements, investment speculation, and analyst coverage also helped power the rally. AST SpaceMobile stock ...
TELUS ANNOUNCES RESULTS OF ITS CASH TENDER OFFERS FOR TWO SERIES OF DEBT SECURITIES
Prnewswire· 2025-06-30 12:00
VANCOUVER, BC, June 30, 2025 /PRNewswire/ - TELUS Corporation (the "Company") announced today the results of its previously announced two separate offers (the "Offers") to purchase for cash the outstanding notes of the series listed in the table below (collectively, the "Notes"). The Offers were made upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 20, 2025 relating to the Notes (the "Offer to Purchase") and the notice of guaranteed delivery attached as Appendix A t ...
TELUS ANNOUNCES PRICING OF CASH TENDER OFFERS FOR TWO SERIES OF DEBT SECURITIES
Prnewswire· 2025-06-27 22:10
Core Viewpoint - TELUS Corporation announced pricing terms for its cash offers to purchase outstanding notes, with a maximum purchase amount of US$750 million [1][12]. Group 1: Offer Details - The offers are subject to conditions outlined in the Offer to Purchase dated June 20, 2025, and include a notice of guaranteed delivery [2]. - The total consideration for each series of notes is calculated based on fixed spreads and U.S. Treasury yields as of June 27, 2025 [3][6]. - The offers will expire at 5:00 p.m. (Eastern time) on June 27, 2025, unless extended [7]. Group 2: Acceptance and Conditions - Notes will be accepted for purchase based on their acceptance priority level, with the highest priority level being 1 [4][12]. - The company reserves the right to waive conditions and may terminate or alter the offers if conditions are not met [12]. - The financing condition requires the company to raise sufficient net proceeds to purchase all validly tendered notes [12]. Group 3: Settlement and Payments - Settlement for validly tendered notes will occur four business days after the expiration date, expected to be July 3, 2025 [9][10]. - Holders of accepted notes will receive total consideration plus accrued interest up to the settlement date [11]. Group 4: Company Overview - TELUS is a leading communications technology company with over C$20 billion in annual revenue and more than 20 million customer connections [20]. - The company is committed to leveraging technology for positive human outcomes and has contributed C$1.8 billion in community support since 2000 [20].
TELUS Announces Cash Tender Offers for Eight Series of Debt Securities
Prnewswire· 2025-06-20 12:30
Core Points - TELUS Corporation announced the commencement of cash offers to purchase up to C$600,000,000 of its outstanding senior notes across eight series [1][2] - The offers are subject to certain conditions, including a Financing Condition, which must be satisfied or waived for the offers to proceed [1][13] - The total consideration for each series of notes will be based on a fixed spread plus the yield of applicable Canadian reference securities [6][9] Offer Details - The offers will expire at 5:00 p.m. (Eastern time) on June 27, 2025, unless extended or terminated earlier by the company [7] - Settlement for accepted notes is expected to occur three business days after the expiration date, anticipated to be July 3, 2025 [8] - Holders of notes accepted for purchase will receive the total consideration plus accrued and unpaid interest [10] Notes Information - The company has listed eight series of senior notes with varying principal amounts, interest rates, and maturity dates [4] - The maximum purchase amount may be increased, decreased, or waived at the company's discretion [1][12] - The offers may be subject to proration based on the total amount of notes tendered [3] Conditions and Management - The offers are contingent upon the company raising sufficient net proceeds through debt issuances to cover the purchase of the notes and associated costs [13] - RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc., and TD Securities Inc. are acting as lead dealer managers for the offers [14]
TELUS ANNOUNCES CASH TENDER OFFERS FOR TWO SERIES OF DEBT SECURITIES
Prnewswire· 2025-06-20 12:30
VANCOUVER, B.C., June 20, 2025 /PRNewswire/ - TELUS Corporation (the "Company") announced today the commencement of separate offers (the "Offers") to purchase for cash any and all of the two series of outstanding notes of the series listed in the table below (collectively, the "Notes"), up to a maximum of US$750,000,000 aggregate principal amount of Notes. Subject to the Maximum Purchase Condition (as defined below) and the Financing Condition (as defined below), the series of Notes that are purchased in th ...
TELUS Submits Non-Binding Indication of Interest to Acquire Full Ownership of TELUS Digital
Prnewswire· 2025-06-12 10:45
Core Viewpoint - TELUS Corporation has submitted a non-binding indication of interest to acquire TELUS Digital, aiming to enhance operational integration and drive AI and SaaS transformation across various sectors [1][2]. Group 1: Acquisition Proposal - TELUS proposes to acquire all outstanding shares of TELUS Digital at a price of US$3.40 per share, representing a 15% premium over the closing share price on June 11, 2025, and a 23% premium over the 30-day volume weighted average trading price [1][2]. - The acquisition is expected to provide TELUS Digital shareholders with liquidity at a compelling value and strengthen TELUS's growth strategy and operational efficiency [1][2]. Group 2: Operational Integration - Closer operational integration between TELUS and TELUS Digital is anticipated to enhance AI capabilities and SaaS transformation across telecommunications, health, agriculture, and consumer goods sectors [1][2]. - TELUS Digital is expected to remain a key business unit within TELUS, contributing to customer service excellence and digital transformation [2]. Group 3: Financial and Legal Considerations - The proposal is subject to confirmatory due diligence, agreement on transaction structure, and approval from the TELUS Digital board of directors [3][4]. - TELUS currently owns approximately 92.5% of the multiple voting shares and 6.1% of the subordinate voting shares of TELUS Digital, representing 57.4% of all outstanding shares [6][7]. Group 4: Advisory and Future Plans - Barclays is acting as the exclusive financial advisor to TELUS, while Stikeman Elliott LLP and A&O Shearman are serving as legal advisors [5]. - TELUS has no current plans beyond the acquisition proposal but may consider future transactions depending on market conditions [8].
Buy AT&T or Verizon Stock if Market Volatility Resurges?
ZACKS· 2025-05-22 21:06
Core Insights - AT&T and Verizon stocks have performed well in 2023, with AT&T up +20% and Verizon up +9%, providing a hedge against market volatility [1] - The expansion of 5G networks is driving investor interest, offering peak speeds of up to 10 gigabits per second and improved connectivity [2] AT&T Performance - AT&T added 324,000 postpaid wireless subscribers and 181,000 fixed wireless access subscribers in Q1 [3] - The company expanded its fiber-optic network by adding 600,000 new locations, aiming for 30 million fiber locations by the end of Q2 [3] - AT&T has consistently added over 200,000 fiber optic internet subscribers for 21 consecutive quarters [3] Verizon Performance - Verizon reported wireless service revenue of $20.8 billion in Q1, leading the industry [4] - The company added 308,000 new 5G Home Internet customers, with a total fixed wireless access subscriber base exceeding 4.8 million [4] - The 5G fixed wireless access market was valued at over $45 billion last year and is projected to exceed $238 billion by 2030, with a CAGR of 40.5% [4] Valuation Comparison - AT&T and Verizon are considered undervalued with forward earnings multiples of 13.2X and 9.3X, respectively, compared to T-Mobile's 22.8X [6][7] - Both companies trade under the optimal level of less than 2X sales, making them attractive to retail investors [7] Dividend Appeal - AT&T and Verizon offer attractive dividends, with annual yields over 4% and 6%, respectively, significantly higher than T-Mobile's 1.46% [9] Conclusion - Both AT&T and Verizon hold a Zacks Rank 3 (Hold), proving beneficial amid tariff concerns and economic uncertainty [12] - Long-term shareholders may be rewarded due to high dividends and ongoing 5G expansion [13]
5 Top Dividend Stocks Yielding Over 5% to Buy for Passive Income
The Motley Fool· 2025-05-21 08:42
Alexandria Real Estate Equities Alexandria Real Estate Equities (ARE -2.51%) is a real estate investment trust (REIT) focused on owning life science properties. It owns, operates, and develops collaborative megacampuses in life science innovation clusters, including Greater Boston, the San Francisco Bay area, San Diego, Seattle, Maryland, the Research Triangle, and New York City. It leases space in its purpose-built lab and office buildings to biopharmaceutical companies, medical technology companies, and b ...
GlobalTech Corporation Announces First Quarter 2025 Results
Globenewswire· 2025-05-08 12:00
RENO, Nev., May 08, 2025 (GLOBE NEWSWIRE) -- GlobalTech Corporation (GTC, OTC:GTLK)(“GlobalTech” or the “Company”), a leading U.S.-based technology investment holding company and a leading provider of broadband and telecommunication services in Pakistan, today announced its financial results for the first quarter ending March 31, 2025. Recent Corporate Highlights: Entered into Acquisition Agreement with Crickslab, acquiring a core engine with complete source code for further development into baseball league ...
Chunghwa Telecom Reports Un-Audited Consolidated Operating Results for the First Quarter of 2025
Prnewswire· 2025-05-08 07:39
Core Viewpoint - Chunghwa Telecom reported strong financial performance in Q1 2025, with notable growth in EPS and net income, driven by robust operations and a leading market position despite macroeconomic challenges [2][4]. Financial Highlights - Total revenues for Q1 2025 increased by 1.6% to NT$ 55.81 billion [4][6]. - Operating income rose by 5.0% to NT$ 12.52 billion, with an operating margin of 22.4% compared to 21.7% in Q1 2024 [10]. - Net income attributable to stockholders increased by 4.3% to NT$ 9.80 billion, with basic EPS at NT$ 1.26 [10][6]. - EBITDA for Q1 2025 was NT$ 22.53 billion, up 3.2% year-over-year, with an EBITDA margin of 40.37% [11][10]. Business Segment Performance - Consumer Business Group revenue decreased by 0.2% to NT$ 34.57 billion, while mobile service revenue increased by 3.1% due to 5G migration and rising postpaid subscribers [5][6]. - Enterprise Business Group revenue grew by 2.3% to NT$ 17.34 billion, driven by an 11.6% increase in ICT revenue [6][8]. - International Business Group revenue increased by 0.9% to NT$ 2.44 billion, with a 1.6% rise in income before tax attributed to growth in overseas subsidiaries [8][6]. Operational Developments - The company expanded its market share in Taiwan's mobile market to 40.5%, with a subscriber share of 39.1% [2]. - The number of mobile subscribers as of March 31, 2025, was 13.11 million, reflecting a 0.9% year-over-year decrease [12]. - Fixed broadband revenue grew by 2.5% year-over-year to NT$ 11.46 billion, with ARPU increasing by 2.1% to NT$ 798 [13]. Strategic Initiatives - Chunghwa Telecom launched a strategic partnership with Astranis for a dedicated Micro GEO satellite and invested in the E2A trans-Pacific undersea cable [3]. - The company is actively pursuing growth opportunities in international markets, particularly in Singapore, Vietnam, and Thailand [2].