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Telecom Stock Roundup: Qualcomm Guides Up, Verizon Plans Online TV Streaming

2018-01-18 zacks
Although most of the major telecom stocks lost value last week, the sector was witness to a number of important events. Notable among the many developments is mobile chipset giant Qualcomm Inc. (QCOM - Free Report) coming up with a better-than expected outlook for revenues and profit margins for 2019. Adjusted profit per share is estimated in the range of $6.75-$7.50. Revenues are forecast in the range of $35-$37 billion. (280-1)

Ericsson Books $1.8 Billion in Charges Under Restructuring

2018-01-17 zacks
In the name of turning its business around, Ericsson (ERIC - Free Report) is undertaking another colossal writedown by booking charges roughly amounting to a whopping $1.8 billion. This round of charges is the latest in a series of writedowns that Ericsson has undertaken over the past couple of years, amounting to more than $5 billion. (11-0)

Nokia (NOK) Wins Major Managed Services Contract From Optus

2018-01-16 zacks
Nokia Corp. (NOK) recently entered into a five-year deal with Optus to manage its mobile network infrastructure, operations and field maintenance. Nokia will provide network operations and software services to help the Australian telecom operator scale its network, which includes deploying robotics, artificial intelligence and extreme automation. The two companies will also work together to develop a network operations centre. (66-1)

US Government Pressures AT&T To Kill Huawei Handset Deal ; French President Macron Goes To China; PRC Influence And Espionage Scandal In Taiwan; Financial Crackdown Signaling; Hu Shuli Steps Down As Caixin Editor In Chief

2018-01-09 nb.sinocism
Poor Huawei, the company was just about to announce a deal with AT&T to sell its handsets through the American carrier when the US government reportedly pressured AT&T to kill the deal. That is going to have more people in Beijing wondering why major US phone makers can have Chinese carrier deals but PRC handset manufacturers can not have US deals. Reciprocity, which many in the US are pushing for, goes both ways. (166-0)

Foreign Stock Roundup: Nintendo's Switch Surpasses Wii Record Sales, Petrobras to Settle Investor Lawsuit for $2.95B

2018-01-08 zacks
Global markets started the New Year on a strong note, notching up record gains. Stocks of automobile companies were the leading gainers in the Eurozone. Meanwhile, the FTSE 100 hit record levels on multiple occasions. Asian markets also registered strong performances, with the Nikkei 225 hitting a fresh 26-year high. Strong economic data from the Eurozone and China lifted the Bovespa to record levels. (125-0)

Nokia (NOK), T-Mobile & Intel Collaborate to Develop 5G

2018-01-04 zacks
Nokia Corporation (NOK - Free Report) has signed an agreement with T-Mobile (TMUS - Free Report) and Intel (INTC - Free Report) on 5G network to introduce a 28 GHz outdoor 5G commercial radio system on air in Bellevue, WA. To that end,  Nokia 5G commercial AirScale solution and the 5G Mobile Trial Platform from Intel was employed to conduct a data session on a 28 GHz radio in a field test environment allowing T-Mobile to deploy its first inter-vendor 5G network. (390-0)

2017 Wrap-Up

2018-01-04 seekingalpha
And just like that the last quarter of 2017, and the year, has finished. What a great year it was as 2k Hedge Fund wrapped up the first year of existence! First off let me start by saying thank you to all the people that have taken the time to follow along and read as I post my thoughts about the market and the stocks that I love. It has been an amazing ride thus far and I am looking forward to beginning 2018! (36-0)

Poor Sales Growth Drop Nokia (NOK) to Sell

2017-12-22 investorplace
Nokia Corp (NYSE:NOK) is a $25.8 billion in market value component of the Communications Equipment GICS industry group where The current Portfolio Grader ranking for NOK puts it 47 among the 72 companies in this industry group, giving it a below-average spot. NOK is ranked squarely in the bottom quartile of the sector with a ranking of 540 among the 703 companies in the sector and number 3,288 in the 5000 company Portfolio Grader company universe. (8-1)

European stocks drop as U.S. tax optimism fades - MarketWatch

2017-12-21 marketwatch
European stocks dropped again on Thursday, with the passage of a historic tax reform in the U.S. failing to keep the December rally alive. (8-0)

Will 5G Mobile Network Infrastructure Spending Rise by 2025?

2017-12-13 zacks
Per reports from SNS Research, the next-generation 5G network is expected to account for more than 40% of wireless or mobile network infrastructure spending by the end of 2025. (43-0)

Foreign Stock Roundup: Statoil Buys Oil Field Stakes for $1.45B, Shell Resumes Dividend Payment

2017-12-05 zacks
A selloff in tech stocks and a crucial U.S. tax legislation dominated proceedings for Europe’s bourses last week. Asia’s stocks remained mixed even as investors largely ignored North Korea’s latest missile launch. Concerns surrounding pension reforms continued to weigh on Brazil’s stocks while Chile’s investors remained apprehensive about upcoming presidential elections. Tech Selloff Weighs on Europe’s Stocks, Investors Focus on U. (136-0)

Blog Exposure - International Court of Arbitration Rules in Favor of Nokia in Contract Dispute Case Against Blackberry

2017-12-05 accesswire
LONDON, UK / ACCESSWIRE / December 05, 2017 / Active-Investors issued a free report on BlackBerry Ltd (NYSE: BB), which is readily accessible upon registration at www.active-investors.com/registration-sg/?symbol=BB as the Company's latest news hit the wire. The International Chamber of Commerce's International Court of Arbitration has made a ruling in favor of Nokia Corp. (NYSE: NOK) in a dispute with BlackBerry overpayments owed under patent license contract. (47-0)

BlackBerry to Pay $137 Million to Nokia on Contract Dispute

2017-12-04 zacks
BlackBerry Ltd. (BB - Free Report) has lost a payment dispute with Nokia Corp. (NOK - Free Report) due to which, the former will pay approximately $137 million to the latter. Per The International Court of Arbitration, BlackBerry has failed to make certain payments to Nokia under a patent license contract. Consequently on Nov 29, the arbitration panel had ruled in favor of Nokia. BlackBerry will record a GAAP charge on its results. (218-0)

T-Mobile US (TMUS) Seeks FCC Permission for E-Band 5G Trial

2017-12-04 zacks
T-Mobile US Inc. (TMUS - Free Report) recently requested for Special Temporary Authority (STA) from the Federal Communications Commission (FCC) to test microwave radio spectrum bands in two sites in Bellevue, WA. (22-0)

BlackBerry Loses Nokia Dispute

2017-12-01 seekingalpha
Shares of BlackBerry (BB) have been one of the year's biggest winners after the company received a nearly $1 billion arbitration award from a legal dispute with Qualcomm (QCOM). This nearly doubled the company's cash position and represented a significant part of the company's market cap. Supporters of the company argued that this would help the firm bolster its business moving forward through acquisitions, and management also announced a new share repurchase program. (23-0)