Telecommunications
Telefonica Cancels Dividend
31/07/12 17:37
Telefonica (NYSE: TEF) recently canceled its dividend and share-buyback policy for the year. According to the company, there is no sign of significant sales growth in 2012. The company plans to resume dividends in 2013, but at a reduced rate. This might be cause for concern for some investors. However, analysts at Goldman Sachs praised the company for this move, saying, “Our analysts believe that prioritizing liquidity and de-leveraging is the right step for Telefonica to take in the current environment, and may help the company avoid the loss of its investment grade credit rating even if the sovereign credit outlook deteriorates.” In the long run, this move will prove positive for investors and for the valuation of the company as a whole.
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Motley Fool Blog Network "Cable Learns To Share"
23/05/12 12:06
Several major U.S. cable companies have agreed to work together to enable each other's high-speed internet customers to access metro wireless hotspots outside of their home markets. Some of the larger companies involved include Comcast (NASDAQ: CMCSA), Time Warner Cable (NYSE: TWC), and Cablevision (NYSE: CVC). They created a new network name "CableWiFi" to allow subscribers to access more than 50,000 WiFi hotspots. This is the largest WiFi sharing effort among companies to date and should all fall into place over the next few months.
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Motley Fool Blog Network "International Telecom Still Has Growth Potential"
14/05/12 06:44
International telecommunications is a massive growth industry. The use of mobile phones and data services is expanding even ahead of other basic utilities such as electricity. Yet still countries exist wherein owning a mobile phone is not the norm. There are a few international telecommunications providers that are striving to grow their business and reach a wider audience.
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