Latest news with #telecommunication
Yahoo
14 hours ago
- Business
- Yahoo
T-Mobile (TMUS) Stock Upgraded Despite Concerns Over Fiber Strategy and Market Slowdown
T-Mobile US, Inc. (NASDAQ:TMUS) ranks among the . Redburn-Atlantic upgraded its rating of T-Mobile US, Inc. (NASDAQ:TMUS) from Sell to Neutral on July 7 with a price target of $228. The upgrade came despite Redburn-Atlantic's worries that T-Mobile may be vulnerable to a prolonged slowdown in market net additions. According to the firm, T-Mobile US, Inc. (NASDAQ:TMUS) may be the most susceptible to any coordinated market shift toward convergence since it has the least developed fiber strategy of the three major wireless companies. Despite these reservations, the firm recognized T-Mobile's track record of fulfilling mid-term financial projections and noted that, on the majority of multiples, T-Mobile US, Inc. (NASDAQ:TMUS) will be on par with or cheaper than AT&T by 2027 while expanding faster. Based in Bellevue, Washington, T-Mobile US, Inc. (NASDAQ:TMUS) is a well-known supplier of wireless telecommunication services. Renowned for its strides in the 5G space, the company has built one of the largest and fastest 5G networks in the US, setting itself up for long-term success. While we acknowledge the potential of TMUS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None.
Wall Street Journal
6 days ago
- Business
- Wall Street Journal
Vodafone Launches Share Buyback of Up to $589 Million After Revenue Grows
Vodafone VOD -0.93%decrease; red down pointing triangle Group launched a share buyback of up to 500 million euros ($588.6 million) after its first-quarter revenue rose, helped by the completion of its merger with rival Three UK. The U.K. telecommunication company said Thursday that for the three months ended June 30 revenue rose to 9.385 billion euros from 9.04 billion euros for the same period a year earlier.
Bloomberg
22-07-2025
- Business
- Bloomberg
MasOrange's PE Owners Seek At Least €5 Billion for 50% Stake
The private equity owners of MasOrange are seeking at least €5 billion ($5.9 billion) for their combined 50% stake in the Spanish telecommunication joint venture, according to people familiar with the matter. Cinven, KKR & Co. and Providence Equity Partners are in preliminary talks with Orange SA, which holds the remainder of MasOrange, the people said, asking not to be identified as the information is private. Orange may offer at least €4 billion for their holdings, though no final decisions have been made, the people said.
Wall Street Journal
22-07-2025
- Business
- Wall Street Journal
Nokia Cuts Outlook Due to Currency, Tariff Headwinds
Nokia NOKIA 0.07%increase; green up pointing triangle reduced its operating profit expectations for the year as a whole, citing headwinds from currency fluctuations and tariffs. The Finnish maker of telecommunication equipment said Tuesday that it now anticipates comparable operating profit between 1.6 billion euros and 2.1 billion euros ($1.87 billion-$2.46 billion) in 2025. This compares with a previous forecast in a range of 1.9 billion euros and 2.4 billion euros.
Argaam
22-07-2025
- Business
- Argaam
GO Telecom announces operational start of its subsidiary
Etihad Atheeb Telecommunication Co. (GO) said its fully owned subsidiary Mawarid Almustaqbal for Human Resources Co. (GO Talent) began commercial operations today, July 22. In a statement on Tadawul, GO said the firm was established with SAR 25,000 in capital and is registered in Riyadh under CR No. 1009085847, dated Aug. 15, 2024. Mawarid Almustaqbal will provide integrated, specialized administrative services, in line with top industry standards and professional practices. The unit has already been included in GO's previously disclosed consolidated annual financial statements. The financial impact of its operations will appear in future results. GO said the launch aligns with its strategy to diversify income sources, boost operational efficiency, and expand into new markets to sustain long-term growth.
