Proactiveinvestors Australia - Telecoms services RSS feed Proactiveinvestors Australia - Telecoms services feed en Sun, 21 Jan 2018 17:10:19 +1100 Genera CMS Satellite Solutions Worldwide Group continues to grow through acquisitions Tue, 07 Mar 2017 01:00:00 +1100 Verizon Communications to buy FleetMatics for US$2.4bn Tue, 02 Aug 2016 00:25:00 +1000 Satellite Solutions snaps up two more broadband peers Fri, 29 Jul 2016 18:36:00 +1000 Polycom shares jump after Siris offer Sat, 09 Jul 2016 04:54:00 +1000 Polycom advances on new improved US$2bn merger deal Fri, 08 Jul 2016 23:38:00 +1000 Satellite Solutions beams higher with transformational £10mln acquisition Thu, 07 Jul 2016 19:13:00 +1000 Satellite Solutions acquires one French firm, dials in on another Wed, 29 Jun 2016 17:27:00 +1000 Neustar says it will split in two Tue, 21 Jun 2016 21:49:00 +1000 Frontier to expand fibre technology to Hartford’s North End Tue, 03 May 2016 05:29:00 +1000 Satellite Solutions secures £2mln loan from Business Growth Fund Mon, 25 Apr 2016 17:02:00 +1000 Verizon Communications still seen as Yahoo frontrunner Thu, 21 Apr 2016 22:54:00 +1000 MTS Systems Corporation to buy sensors group PCB Thu, 07 Apr 2016 02:29:00 +1000 Satellite Solutions WorldWide Group PLC's organic revenues climb Tue, 15 Mar 2016 19:41:00 +1100 AT&T and Intel team up to test drones on LTE network Tue, 23 Feb 2016 01:22:00 +1100 Sonus jumps after upbeat forecast, Street-beating EPS Wed, 17 Feb 2016 04:15:00 +1100 Liberty Global and Vodafone agree Dutch deal Wed, 17 Feb 2016 01:16:00 +1100 RF Industries' new acquisitions shine amidst the gloom Fri, 29 Jan 2016 01:28:00 +1100 CenturyLink announces Swiss collaboration agreement at Davos Thu, 21 Jan 2016 00:44:00 +1100 Zayo completes Allstream takeover Sat, 16 Jan 2016 01:54:00 +1100 Zayo to acquire Allstream for C$465mln Tue, 24 Nov 2015 00:40:00 +1100 Verizon is mulling $10bn asset sale: Reuters Sat, 07 Nov 2015 05:51:00 +1100 BCE reports solid increase in Q3 profit Fri, 06 Nov 2015 05:34:00 +1100 Liberty Global and Cable & Wireless in talks Fri, 23 Oct 2015 04:12:00 +1100 Verizon posts 5% higher-than-expected third-quarter revenue Tue, 20 Oct 2015 23:21:00 +1100 AT&T, Viacom strike distribution deal AT&T (NYSE:T) rose at midday after the U.S. mobile-phone carrier reached a multi-year agreement with Viacom (NASDAQ:VIAB) for the media giant to continue providing programming to AT&T 's U-verse TV and DirecTV U.S. subscribers. 

Shares AT&Tgained 2.3% to $33.40 at 11:47 a.m. in New York, paring this year’s loss to 5.5%. Shares of Viacom inched up 1.6% to $45.03. The stock has lost 40% this year. 

Financial terms of the pact with Viacom weren’t announced, but in its statement on Monday, AT&T said the agreement entitles AT&T’s satellite and IPTV platforms to the “best deal in the industry” for Viacom’s TV brands. 

Viacom has been facing mounting concerns that pay-TV providers will decide they can do without its bundle of channels, which include Comedy Central, Nickelodeon, MTV and smaller ones like TV Land and Spike. 

AT&T closed its $49bn acquisition of DirecTV in July after more than a year of regulatory review, a combination that created the largest U.S. pay-television company.



Tue, 06 Oct 2015 04:56:00 +1100
Verizon shares down as boss says 2016 earnings may be flat Telecoms giant Verizon (NYSE:VZ) was in the news on Thursday as the telecoms giant said earnings next year may be flat, sending shares lower.

At the time of writing, shares were down 2.84% at US$44.89 and also fell in pre-market.

Speaking in New York, the group's chairman and  chief executive Lowell McAdam said: "While well-positioned for the future, Verizon's full-year 2016 earnings may plateau at 2015 levels as the company manages near-term impacts.

"These impacts include the commercial model change in wireless, year-over-year wireline financial comparisons following the expected first-half 2016 sale of operations to Frontier Communications Corp., and the ramp up of new business models for wireless video and IoT."

Put simply, the company boss was speaking about consumer demand disrupting the group's traditional models.

 Nevertheless, he added that he saw "significant" opportunity for future growth in video and the Internet of Things (IoT), enabled by the company's consistent investment and demonstrated leadership in wireless and broadband networks.

Fri, 18 Sep 2015 01:57:00 +1000
Satellite Solutions Worldwide set as classic consolidation play Thu, 17 Sep 2015 17:37:00 +1000 AT&T Inc. advises shareholders to hang up on mini-tender An unsolicited "mini-tender" to buy AT&T (NYSE:T) shares has not been welcomed by the telecommunications giant's board.

The offer from TRC Capital, revealed in a regulatory filing after the market closed yesterday, is for up to 3mln AT&T shares at US$31.30 a share.

AT&T shares closed at US$32.33 on Tuesday, and that was after the market took a shellacking.

"AT&T wishes to inform its shareholders that it recommends rejection of this unsolicited offer and that AT&T is in no way associated with TRC Capital Corporation," AT&T stated in the stock market announcement.

AT&T shares are off 7% over the last month.

Thu, 03 Sep 2015 01:04:00 +1000
BCE to divest remaining 15% stake in Globe and Mail to Woodbridge BCE (TSE:BCE), Canada’s biggest telecommunications company, sold its 15% equity in the Globe and Mail Inc., Canada’s biggest national newspaper, to The Woodbridge Co Ltd.

Montreal, Quebec-based BCE made the announced in a statement on Friday, but did not disclose the financial terms of the transaction.

Woodbridge is the primary investment vehicle for members of the Thomson family of Canada and majority owner of the Globe. The Thomson family also controls media company Thomson Reuters Corp.

Woodbridge had already acquired majority control of the Globe and Mail in 2010 as part of a complex asset swap deal that saw BCE pay C$1.3bn for Canadian broadcaster CTV.

BCE, the parent company of Bell Canada, has owned a 15% stake in the Globe since 2010.

"We thank Woodbridge for their partnership and support over the years and wish them the very best in taking Canada's national newspaper forward," BCE's chief executive officer George Cope said in the statement.

The Globe will keep its governance structure, though its board will no longer include a representative from BCE. In a memo to staff, Phillip Crawley, The Globe’s publisher, said the sale will not affect day-to-day operations.

Canada’s newspaper industry has grappled with the transition to online and digital media as advertising and print revenues shrink.

Last year, two of Canada’s biggest newspaper groups came together as Postmedia Network Canada bought 175 publications from Quebecor for C$316mln.

The nationally-distributed Globe and Mail has a weekly print and digital circulation of 3.6 million.

Shares of BCE were trading up 0.4% at $1.06 p.m. in Toronto, reversing an earlier loss. The stock has gained 12% over the past twelve months.


Tue, 18 Aug 2015 05:23:00 +1000
BCE posts Q2 EPS in line with estimates BCE (TSE:BCE) fluctuated between gains and losses as Canada’s largest telecommunications company reported second-quarter earnings in line with analysts’ expectations.

Shares were up 0.3 percent at $54.30 at 1:51 p.m. in Toronto. The stock is up 1.7 percent this year.

Net income rose 25 percent to C$759 million, or C$0.90 per diluted share, in the April-to-June quarter, from C$606 million, or C$0.78 per diluted share, a year earlier, the Montreal, Quebec-based company said in a statement today.

Adjusted earnings per share increased 6.1% to C$0.87, in line with the average estimate of 10 analysts polled by Capital IQ.

BCE’s revenue rose 2 percent to C$5.33 billion, slightly above the C$5.31 billion average of analysts’ estimates compiled by Capital IQ.

BCE gained 61,033 new wireless users, compared with the 59,600 average of eight estimates compiled by Bloomberg.

Bell added 18,606 net Internet connections and signed up more than 50,000 customers for its Internet-based TV product. It shed close to 34,000 satellite TV customers amid tough competition.

BCE, Telus and Rogers Communications are all working to woo a larger pool of customers than usual this year because of a change in regulation. In 2013, Canada’s government barred cancellation fees for contracts longer than two years, meaning twice the usual amount of users are looking for new mobile phone plans.

As a result, BCE saw its churn rate jump 0.08 percentage points from a year ago to 1.23 per cent and retention spending grow to 13 per cent of its $1.5 billion in wireless services revenues, up from 10 per cent in 2014.

BCE said Bell Media`s advertising revenue was hit by the loss of broadcast rights for the National Hockey League playoffs, tougher competition in social media, and broad softness in the conventional TV market. 

Bell’s new broadband offering, Gigabit Fibe, will be available in Ontario and Quebec starting Monday to 1.3 million homes. The company says it can deliver download speeds of as much as a gigabit, or 1,ooo megabits, per second. Pricing hasn’t yet been announced.

BCE plans to spend $1.14 billion through the end of 2017 to upgrade and build its fibre optic cable network in Canada’s largest city.

Fri, 07 Aug 2015 06:13:00 +1000