The ongoing battle for spectrum-laden telecommunications firm Clearwire (NASDAQ: CLWR ) has taken a turn from superiority arguments to that of legality. This week, majority equity owner and financier (as well as a pending takeover target) Sprint (NYSE: S ) alleged that challenging bidder DISH Network (NASDAQ: DISH ) not only offers an inferior bid to Clearwire shareholders, but that it cannot legally be done. Unsurprisingly, DISH management was quick to disagree. For investors in all three companies, the news has some important implications. Here's what you need to know.
The story
As has been in play since late last year, both Sprint and DISH want Clearwire for its valuable spectrum. Sprint being the current majority shareholder and the coffer from which Clearwire has tapped multiple rounds of short-term financing, it has been long-speculated that Sprint would be the most obvious and natural choice for a buyer. But, ever since DISH began offering superior bids, which have now reached $4.40 per share (more than a dollar above Sprint's bid), minority holders of Clearwire stock have shown strong support for the larger bid.
Best Managed Healthcare Stocks To Invest In Right Now: Enventis Corp (ENVE)
Enventis Corporation, formerly HickoryTech Corporation, is an integrated communications provider. The Company has a five-state fiber network spanning more than 3,250 route miles with facilities-based operations across Minnesota and into Iowa, North Dakota, South Dakota and Wisconsin. Enventis Telecom, Inc. (Enventis) provides business Internet protocol (IP) voice, data and video solutions, Multi-Protocol Label Switching (MPLS) networking, data center and managed hosted services and communication systems. HickoryTech delivers broadband, Internet, digital television (TV), voice and data services to businesses and consumers in southern Minnesota and northwest Iowa. The Company�� operations are conducted through nine subsidiaries. Its Fiber and Data and Equipment Segments subsidiaries include Enventis, Enterprise Integration Services, Inc. (EIS) and IdeaOne. Its Telecom Segment subsidiaries include Mankato Citizens Telephone Company (MCTC), Mid-Communications, Inc. (Mid-Com), Heartland Telecommunications Company of Iowa, Inc. (Heartland), Cable Network, Inc. (CNI), Crystal Communications, Inc. (Crystal) and National Independent Billing, Inc. (NIBI). The Company operates in three segments: Fiber and Data, Equipment and Telecom. The Company formed Enterprise Integration Services, Inc. (EIS) on January 2, 2012. On March 1, 2012, the Company acquired IdeaOne Telecom Group, LLC.
Fiber and Data and Equipment segments portion of its business serves customers across a five-state region with IP-based voice, transport, data and network solutions, managed services, equipment, network integration and support services. Through its regional fiber network, the Company provides wholesale fiber and data services to regional and national service providers, including interexchange and wireless carriers. It also specializes in providing integrated unified communication solutions for businesses, such as enterprise multi-office organizations, small and medium-sized businesses (SMB), primarily in the Upper Midwes! t. Residential customers are not targeted by the Fiber and Data or Equipment Segments. Its Telecom Segment provides residential and business services, including high-speed Internet, broadband services, digital TV and voice services in its legacy telecom markets. Telecom consists of the operation of local telephone companies or incumbent local exchange carriers (ILEC) and the operation of a competitive local exchange carrier (CLEC). All of its telecom operations are operated as one integrated unit. Its ILECs and CLEC are the primary users of the services provided by its subsidiary, National Independent Billing, Inc. (NIBI). NIBI also sells its services externally to other companies in the communications industry.
Fiber and Data and Equipment Segments
The Company, through its two business-to-business segments, Fiber and Data and Equipment, provides integrated data services and fiber based communication solutions, including IP-based voice, data and network solutions to business customers in the Upper Midwest. The product portfolio includes fiber, data and Internet, Voice and Voice over IP (VoIP), Managed and hosted services and data center services. As of December 31, 2011, it owned or had long-term leases to approximately 2,175 fiber route miles of fiber optic cable, including 225 miles acquired with the IdeaOne acquisition and has metro fiber optic rings that directly connect the network with businesses (interexchange carriers, wireless carriers, retail, health care, Government and education customers). Additional local fiber rings connect its network to local telephone central offices along with the Telecom Sector network, which has 1,155 fiber optic miles. It also serves customers through interconnections that are leased from third party service providers.
The Company�� product portfolio includes SingleLink Unified Communications (SingleLink), a hosted or managed IP communications service, which includes local and long distance voice, business IP telephony via ! a hosted ! IP private branch exchange, unified messaging and Internet access. The SingleLink solution is primarily targeted at SMB customers but also has enterprise customer applications. IdeaOne Telecom Group, LLC is a metro fiber network provider in Fargo, North Dakota. IdeaOne provides data networking, Internet, colocation, phone and hosting services to approximately 3,600 customers in the Fargo area. The acquisition added 225 fiber route miles to HickoryTech�� regional network. It has Minnesota offices located in Minneapolis, Duluth and Rochester and operates data centers in Edina, Duluth and Mankato. It also has an office located in the Des Moines, Iowa area. The Equipment segment product portfolio includes equipment solutions, total care support and monitoring and professional services. The Company provides converged IP services that allow all communications (voice, video and data) to use the same IP data infrastructure. Equipment solutions include TelePresence, Unified Communications, Data Center and Virtualization, Professional Services, Total Care and Security.
Telecom
The Telecom Segment provides local telephone service, long distance, calling features, digital subscriber line (DSL), Internet, digital TV, data services and a phone book directory to residents and businesses in its legacy markets. As an auxiliary business, the data processing services of NIBI are also included within this Sector. Telecom includes three ILECs: MCTC, Mid-Com and Heartland. MCTC and Mid-Com provide telephone services in south central Minnesota, specifically the Mankato, Minnesota region, and 11 rural communities surrounding Mankato. Heartland, its third ILEC, provides telephone services for 11 rural communities in northwest Iowa. In total, there are 23 ILEC exchanges within this Segment. Also included is a CLEC, Crystal, which provides services in south central Minnesota and near Des Moines, Iowa. There are eight Minnesota CLEC exchanges and two Iowa CLEC exchanges. NIBI provides data processing an! d related! services for its affiliated companies, as well as for other ILECs, CLECs, interexchange network carriers, wireless companies and cable TV providers throughout the United States and Canada.
The Company owns and operates a 1,075 mile fiber optic network and facilities in Minnesota and Iowa. These facilities are used to transport voice, data and video services between the Company�� exchanges, to connect customers to interexchange carriers and to provide service directly to end users. This network is interconnected with its 2,175 fiber mile network in the Fiber and Data Segment. Its Minnesota ILECs and CLEC are the primary users of these fiber optic cable facilities. The Company provides interexchange telephone access by connecting the communications networks of interexchange carriers and wireless carriers with the equipment and facilities of end users through its switched networks or private lines. As local exchange telephone companies, it provides end office switching and circuits to long distance interexchange carriers. The Company provides access to its network for interexchange carriers to conduct long distance business with individual customers who select a long distance carrier for the origination and termination of calls to all customers.
Advisors' Opinion:- [By Anna Prior]
Consolidated Communications Holdings Inc.(CNSL) has agreed to acquire broadband communications provider Enventis Corp.(ENVE) in an all-stock deal that values Enventis at about $228 million. The deal values Enventis at about $16.50 a share, a 17% premium to Friday’s close.
Top 10 Telecom Stocks To Watch Right Now: Eutelsat Communications SA (ETL)
Eutelsat Communications SA is a France-based holding company that provides fixed satellite services. It provides four types of services, including broadcast services, such as direct-to-home and professional broadcasting; broadband services, comprising broadband Internet access; telecoms and data services to ensure permanent communications links from all points of the globe, establish or restore communications in an emergency and multicast content; as well as mobile and maritime communications, such as fleet management and on- and off-shore broadband maritime communications. It operates a fleet of satellites covering Europe, the Middle East, North and sub-Saharan Africa, as well as parts of Asia and the Americas. In January 2014, it acquired Satelites Mexicanos, S.A. de C.V. and together with SES SA have completed the sale to EchoStar Corp. of Solaris Mobile Ltd. Advisors' Opinion:- [By Sofia Horta e Costa]
Eutelsat Communications SA (ETL) declined 6.2 percent to 21.02 euros after predicting sales will grow by more than 2.5 percent for the year 2013 to 2014. The company, which operates 31 satellites, forecast growth of more than 5 percent for the following two years through June 2016. JPMorgan Chase & Co. cut its price target for the stock to 24 euros from 33 euros, saying analysts��will probably reduce their estimates following the company�� revised guidance.
Top 10 Telecom Stocks To Watch Right Now: Vivendi SA (VIVHY)
Vivendi SA (Vivendi), incorporated on December 18, 1987, is a communications and entertainment company. As of December 31, 2009, the Company had six business segments: Activision Blizzard, Universal Music Group, SFR, Maroc Telecom Group, GVT (Holding) S.A. (GVT) and Canal+ Group. Activision Blizzard develops, publishes and distributes interactive entertainment software, online or on other media (such as console and personal computer (PC)). Universal Music Group is engaged in the sale of recorded music (physical and digital media), exploitation of music publishing rights, as well as artist services and merchandising. SFR is engaged in the phone services (mobile, broadband Internet and fixed) in France. Maroc Telecom Group is a telecommunication operator (mobile, fixed and Internet) in Africa, principally in Morocco, as well as in Mauritania, Burkina Faso, Gabon and Mali. GVT is a Brazilian fixed and broadband operator. Canal+ Group is engaged in publishing and distribution of pay-television mainly in France, in both analog and digital (terrestrially, via satellite or ADSL), as well as film production in Europe. In July 2013, Vivendi SA and Universal Music Group announced the completion of the sale of Parlophone Label Group to Warner Music Group Corp.
On November 13, 2009, Vivendi acquired an aggregate of 29.9% of GVT�� outstanding voting shares from Swarth Investments LLC, Swarth Investments Holdings LLC and Global Village Telecom (Holland) BV. In addition, Vivendi acquired from third parties an additional 8% interest in GVT's outstanding shares. On December 28, 2009, Canal+ Group, Vivendi�� subsidiary, acquired TF1�� 9.9% interest in the capital of Canal+ France. On July 31, 2009, Maroc Telecom acquired 51% controlling interest in Sotelma. On August 27, 2009, CID, a company 40% owned by SFR and 60% by other financial investors, acquired the 62% interest in 5 sur 5.
Advisors' Opinion:- [By Demitrios Kalogeropoulos]
Activision Blizzard (NASDAQ: ATVI ) is striking out on its own. The company reached a purchase agreement with Vivendi (NASDAQOTH: VIVHY ) �to transfer enough shares so that it will become an independent company, one that's majority-owned by public investors rather than a single corporation.
Top 10 Telecom Stocks To Watch Right Now: Otelco Inc (OTEL)
Otelco Inc. provides a range of telecommunications services on a retail and wholesale basis. These services include local and long distance calling; network access to and from its customers; data transport; digital high-speed and dial-up Internet access; cable, satellite and Internet protocol television; wireless, and other telephone related services. The principal markets for these services are residential and business customers residing in and adjacent to the exchanges the Company serves in Alabama, Massachusetts, Maine, Missouri, Vermont and West Virginia. In addition, the Company serves business customers throughout Maine and New Hampshire and provides dial-up Internet service throughout the states of Maine and Missouri. In January 2014, the Company acquired Reliable Networks, a provider of cloud hosting and managed services for companies who rely on mission-critical applications.
Local Services
The Company is a provider of wireline telephone services in seven of the 11 RLEC territories it serves. Local services enable customers to originate and receive telephone calls. The amount that it can charge a customer for certain basic services in Alabama, Maine, Massachusetts, Missouri, Vermont and West Virginia is regulated by the Alabama Public Service Commission (APSC), the Maine Public Utilities Commission (MPUC), the Massachusetts Department of Telecommunications and Cable (MDTC), the Missouri Public Service Commission (MPSC), the Vermont Public Service Board (VPSB) and the West Virginia Public Service Commission (WVPSC). It also has authority to provide service in New Hampshire from the New Hampshire Public Utilities Commission (NHPUC). The revenue derived from local services includes monthly recurring charges for voice access lines providing local dial tone and calling features, including caller identification, call waiting, call forwarding and voicemail. It also receives revenue for providing long distance services to its customers, billing and collection services for o! ther carriers under contract, and directory advertising. The Company provides local services on a retail basis to residential and business customers.
The Company offers long distance telephone services to its local telephone customers who do not purchase a local service bundle. It resells long distance services purchased from various long distance providers. It derives revenue from other telephone related services, including leasing, selling, installing, and maintaining customer premise telecommunications equipment and the publication of local telephone directories in certain of its rural local exchange carrier territories. It also provides billing and collection services for interexchange carriers through negotiated billing and collection agreements for certain types of toll calls placed by its local customers.
Network Access
Network access revenue relates primarily to services provided by the Company to long distance carriers (also referred to as interexchange carriers) in connection with their use of its facilities to originate and terminate interstate and intrastate long distance, or toll, telephone calls. As toll calls are generally billed to the customer originating the call, network access charges are applied in order to compensate each telecommunications company providing services relating to the call. Network access charges apply to both interstate and intrastate calls. The Company�� network access revenues also include revenues it receives from wireless carriers for terminating their calls on its networks pursuant to its interconnection agreements with those wireless carriers. Blountsville, Hopper, Mid-Maine, Mid-Missouri, Pine Tree and War also receive Universal Service Fund High Cost Loop (USF HCL) revenue, which is included in the Company�� reported network access revenue.
Cable Television Services
The Company provides cable television services over networks with 750 megahertz of transmission capacity in or by Interne! t Protoco! l TV ( IPTV) in its Alabama service area. Its cable television packages offer from 20 to 200 channels. It is a licensed installer of satellite television and has deployed these services to customers in its Missouri territory. In 2011, it converted its Missouri cable customers to satellite television.
Internet Services
The Company provides a variety of internet access data lines to its customers, including bulk broadband data access to support large corporate users; digital high-speed data lines in varying capacity speeds for business and residential use; and residential dial-up connectivity. Digital high-speed Internet access is provided through digital subscriber line (DSL) cable modems or wireless broadband, depending upon the location, in which the service is offered and through fiber connectivity to business customers. The Company charges its Internet customers a flat rate for unlimited Internet usage and a premium for higher speed Internet services. In Maine and Missouri, it provides legacy dial-up Internet services throughout the state.
Transport Services
The Company�� competitive local exchange carriers (CLECs) receive monthly recurring revenues for the rental of fiber to transport data. and other telecommunications services in Maine and New Hampshire. Its businesses and telecommunications carriers are 423 mile owned and leased fiber route.
Network Assets
The Company�� telephone networks include carrier grade advanced switching capabilities provided by traditional digital, as well as software based switches, fiber rings and routes and network software supporting specialized business applications. Its networks enable the Company to provide traditional and Internet Protocol ( IP), wireline telephone services and other calling features; long distance services; digital Internet access services through DSL and cable modems and circuits; and specialized customer specific applications. It offers digital signals, high-d! efinition! program content, digital video recording capability through its traditional cable plant and IPTV.
The Company competes with AT&T, Verizon, Charter Communications, Inc. and Time Warner Cable.
Advisors' Opinion:- [By Laura Brodbeck]
Monday
Earnings Releases Expected: Sotheby�� (NYSE: BID), Otelco (NASDAQ: OTEL), Rackspace Hosting, Inc. (NYSE: RAX), Red Lion Hotels Corporation (NYSE: RLH) Economic Releases Expected: Italian industrial production, Mexican industrial production, Portuguese trade balanceTuesday
Top 10 Telecom Stocks To Watch Right Now: NII Holdings Inc.(NIHD)
NII Holdings, Inc., through its subsidiaries, provides wireless communication services under the Nextel brand name to businesses and individuals in Mexico, Brazil, Argentina, Peru, and Chile. Its services include mobile telephone service; Nextel Direct Connect service, which allows subscribers to talk to each other on a push-to-talk basis for private one-to-one calls or on group calls. The company also provides value-added services, including text messaging services; mobile Internet services; e-mail services; location-based services, such as the use of global positioning system technologies; digital media services; and a set of applications available via its content management system and the Android open application market. In addition, it offers business solutions, such as security, work force management, logistics support, and other applications to improve productivity; and international roaming services. NII Holdings, Inc. sells its products and services through direct sales representatives, indirect sales agents, retail stores, kiosks, and Website. The company was formerly known as Nextel International, Inc. and changed its name to NII Holdings, Inc. in December 2001. NII Holdings, Inc. was founded in 1995 and is based in Reston, Virginia.
Advisors' Opinion:- [By James E. Brumley]
The search for bullish trading ideas isn't exactly a simple task today, given the bearish environment. That makes the solid bullishness from NII Holdings Inc. (NASDAQ:NIHD) just that much sweeter. In fact, the chart looks so good and so healthy - in spite of Monday's marketwide drubbing - NIHD may be worth a shot.
Top 10 Telecom Stocks To Watch Right Now: Oi SA (OIBR)
Oi S.A., formerly Brasil Telecom S.A., incorporated on November 27, 1963, is a telecommunication service provider in Region II in Brazil. The Company offers a range of integrated telecommunication services that includes fixed-line and mobile telecommunication services, data transmission services (including broadband access services), Internet service provider (ISP) services and other services, for residential customers, small, medium and large companies, and governmental agencies. The Company provides services, which include Fixed-Line Telecommunications Services and Data Transmission Services, Mobile Telecommunications Services and other services.
Local Fixed-Line Services
As of December 31, 2010, the Company had approximately 7.2 million local fixed-line customers in Region II. Local fixed-line services include installation, monthly subscription, metered services, collect calls and supplemental local services. Metered services include local calls that originate and terminate within a single local area. ANATEL has divided Region II into 1,772 local areas. Local fixed-line services also include in-dialing services (direct transmission of external calls to extensions) for corporate clients. For corporate clients in need of lines, the Company offers digital trunk services, which optimize and increase the speed of the customer�� telephone system.
Long-Distance Services
The long distance services include fixed line-to-fixed line and mobile long distance services. It provides domestic long-distance services for calls originating from Region II through interconnection agreements, mainly with Telemar in Region I and Telecomunicavoes de Sao Paulo S.A. (Telesp), in Region III permit the Company to interconnect directly with their local fixed-line networks, and through its network facilities in Sao Paulo, Rio de Janeiro and Belo Horizonte. It provides international long-distance services originating from Region II through agreements to interconnect its netw! ork with those of the main telecommunication service providers worldwide. It provides mobile long-distance services originating from Region II through interconnection agreements, with Telemar in Region I, Telesp in Region III, and each of the principal mobile services providers operating in Brazil that permit it to interconnect directly with their local fixed-line and mobile networks. It provides international long-distance services originating or terminating on its customer�� mobile handsets through agreements to interconnect its network with those of the main telecommunication service providers worldwide.
Mobile Telecommunication Services
As of December 31, 2010, the Company had approximately 7.8 million subscribers located in 1,281 municipalities in Region II. As of December 31, 2010, 87.5% of the Company�� customers subscribed to pre-paid plans and 12.5% subscribed to post-paid plans. The Company markets Oi Ligador subscriptions to its pre-paid customers, which allow these customers to receive bonus minutes with each purchase of additional credits. It charges a nominal subscription fee to enroll a customer in the Oi Ligador program and provide bonus minutes to these customers that may be used for local calls to its fixed-line or mobile subscribers, long-distance calls to its fixed-line subscribers, and sending Short Message Service (SMS, messages to mobile subscribers of any Brazilian mobile service provider.
The Company has roaming agreements with TNL PCS S.A., a wholly owned subsidiary of Telemar which provides mobile services and which it refers to as Oi, Companhia de Telecomunicacoes do Brasil Central (CTBC), and Sercomtel S.A. Telecomunicacoes (Sercomtel), providing its customers with automatic access to roaming services when traveling outside of Region II in areas of Brazil where mobile telecommunication services are available on the GSM standard. As of December 31, 2010, it had launched third generation (3G) services in a total of 84 municipalities, ! including! the nine state capitals in Region II and the Federal District. As of December 31, 2010, it had approximately 175,200 3G mobile broadband customers.
Data Transmission Services
The Company provides Internet access services using ADSL technology, which it refers as broadband services, to residential customers and businesses in the primary cities in Region II under the brand name Oi Velox. As of December 31, 2010, the Company offered broadband services in 1,810 municipalities in Region II and it had 1.9 million ADSL customers. Its network supports ADSL2+, VDSL2 and FTTx technologies. ADSL2+ is a data communications technology that allows data transmission at speeds of up to 24 megabits per second downstream and 1 megabits per second upstream. ADSL2+ permits offer a range of services than ADSL, including Internet protocol television (IPTV). As of December 31, 2010, approximately 50% of its fixed-line network had been updated to support ADSL2+. Very-high-bitrate digital subscriber line (VDSL2), is a DSL technology providing faster data transmission, up to 100 megabits per second upstream (downstream and upstream). Fiber to the x (FTTx), is a broadband network architecture that uses optical fiber to replace all or part of the usual metal local loop used for last mile telecommunications.
The Company provides a range of data transmission services through various technologies and means of access. Its commercial data transmission services include Industrial Exploitation of Dedicated Lines (Exploracao Industrial de Linha Dedicada (EILD)), under which it leases trunk lines to other telecommunication services providers, primarily mobile services providers, which use these trunk lines to link their radio base stations to their switching centers; Dedicated Line Services (Servicos de Linhas Dedicadas (SLD)), under which it leases dedicated lines to other telecommunication services providers, Internet service providers (ISPs) and corporate customers for use in private networks that! link dif! ferent corporate Websites; Internet Protocol (IP) services, which consist of dedicated private lines and dial-up Internet access, which it provides to the ISPs in Brazil, as well as Virtual Private Network (VPN), services that enable its customers to operate private Intranet and extranet networks, and frame relay services, which the Company provides to its corporate customers to allow them to transmit data using protocols based on direct use of its transmission lines, enabling the creation of VPNs.
The Company provides these data transmission services using its service network platform in Region II and its nationwide fiber optic cable network and microwave links. In addition, it provides services at the six cyber data centers located in Brasilia, Sao Paulo, Curitiba, Porto Alegre and Fortaleza. It provides hosting, collocation and information technology (IT) outsourcing at these centers, permitting its customers to outsource their IT structures to it or to use these centers to provide backup for their IT systems. It also owns and operates a submarine fiber optic network, which connects Brazil with the United States, Bermuda, Venezuela and Colombia. Through this network, it offers international data transportation services, primarily leased lines to other telecommunication services providers.
Network Usage Services (Interconnection Service)
The Company is authorized to charge for the use of its local fixed-line network on a per-minute basis for all calls terminated on its local fixed-line network in Region II that originate on the networks of other local fixed-line, mobile and long-distance service providers, and all long-distance calls originated on its local fixed-line network in Region II that are carried by other long-distance service providers. In addition, the Company charges network usage fees to long-distance service providers and operators of trunking services that connect switching stations to its local fixed-line networks.
Traffic Transporta! tion Serv! ices
The Company offers a long-distance usage service, called national transportation, under which it provides discounts to its long-distance network usage fees based on the volume of traffic and geographic distribution of calls generated by a long-distance or mobile services provider. The Company also offers international telecommunication service providers the option to terminate their Brazilian inbound traffic through its network, as an alternative to Embratel and Intelig Telecomunicacoes Ltda. (Intelig). The Company charges international telecommunication service providers a per-minute rate, based on whether a call terminates on a fixed-line or mobile telephone and the location of the local area in which the call terminates.
Public Telephone Services
The Company owns and operates public telephones throughout Region II. As of December 31, 2010, the Company had approximately 266,100 public telephones in service, which are operated by pre-paid cards.
Value-Added Services
Value-added services include voice, text and data applications, including voicemail, caller identification (ID), and other services, such as personalization (video downloads, games, ring tones and wallpaper), short message service (SMS)subscription services (horoscope, soccer teams and love match), chat, mobile television, location-based services and applications (mobile banking, mobile search, email and instant messaging). The Company also provides advanced voice services to its corporate customers, mainly 0800 (toll free) services, as well as voice portals where customers can participate in real-time chats and other interactive voice services. The Company also operates an Internet portal under the brand name iG.
The Company competes with Empresa Brasileira de Telecomunicacoes, GVT S.A., Vivo Participacoes S.A., Telecom Americas Group, TIM Participacoes S.A., Telesp and Intelig.
Advisors' Opinion:- [By Roberto Pedone]
Oi (OIBR) provides telecommunication services in Brazil. This stock closed up 1.6% to $1.87 in Tuesday's trading session.
Tuesday's Range: $1.83-$1.89
52-Week Range: $1.42-$4.51
Tuesday's Volume: 2.61 million
Three-Month Average Volume: 4.32 millionFrom a technical perspective, OIBR rose modestly higher here right above its 50-day moving average of $1.72 with lighter-than-average volume. This stock has been uptrending strong for the last few weeks, with shares moving higher from its low of $1.42 to its intraday high of $1.89. During that move, shares of OIBR have been consistently making higher lows and higher highs, which is bullish technical price action. That move is quickly pushing shares of OIBR within range of triggering a near-term breakout trade. That trade will hit if OIBR manages to take out some near-term overhead resistance levels at $1.89 to $2.04 with high volume.
Traders should now look for long-biased trades in OIBR as long as it's trending above its 50-day at $1.72 or above more support at $1.60 and then once it sustains a move or close above those breakout levels with volume that's near or above 4.32 million shares. If that breakout hits soon, then OIBR will set up to re-test or possibly take out its next major overhead resistance levels at $2.25 to $2.29. Any high-volume move above those levels will then give OIBR a chance to tag $2.50 to $2.75.
- [By Roberto Pedone]
Oi (OIBR) provides integrated telecommunication services for residential customers, companies and governmental agencies in Brazil. This stock closed up 2.5% to 85 cents per share in Thursday's trading session.
Thursday's Range: $0.82-$0.86
52-Week Range: $0.76-$2.34
Thursday's Volume: 22.83 million
Three-Month Average Volume: 14.72 millionFrom a technical perspective, OIBR jumped modestly higher here right above some near-term support at 80 cents per share with heavy upside volume. This stock has been downtrending badly for the last five months, with shares sliding lower from its high of $1.97 to its recent 52-week low of 76 cents per share. During that downtrend, shares of OBIR have been making mostly lower highs and lower lows, which is bearish technical price action. That said, shares of OIBR now look ready to rebound and potentially trigger a near-term breakout trade. That trade will hit if OIBR manages to take out Thursday's intraday high of 86 cents to more near-term overhead resistance at 90 cents per share with high volume.
Traders should now look for long-biased trades in OIBR as long as it's trending above some key near-term support levels at 80 cents to 76 cents per share and then once it sustains a move or close above those breakout levels with volume that hits near or above 14.72 million shares. If that breakout triggers soon, then OIBR will set up to re-test or possibly take out its next major overhead resistance levels at $1.02 to $1.08 a share. Any high-volume move above those levels will then give OIBR a chance to tag its 50-day moving average of $1.18 to more resistance at $1.27.
- [By Roberto Pedone]
Oi (OIBR), through its subsidiaries, provides integrated telecommunication services for residential customers, companies and governmental agencies in Brazil. This stock closed up 8.6 % to $1.89 in Thursday's trading session.
Thursday's Range: $1.73-$1.91
52-Week Range: $1.44-$4.69
Thursday's Volume: 5.48 million
Three-Month Average Volume: 3.91 millionFrom a technical perspective, OIBR bounced sharply higher here back above its 50-day moving average of $1.83 with heavy upside volume. This move is quickly pushing shares of OIBR within range of triggering a near-term breakout trade. That trade will hit if OIBR manages to take out some near-term overhead resistance levels at $1.94 to $2.29 with high volume.
Traders should now look for long-biased trades in OIBR as long as it's trending above its 50-day at $1.83 or above more key near-term support at $1.72 and then once it sustains a move or close above those breakout levels with volume that hits near or above 3.91 million shares. If that breakout triggers soon, then OIBR will set up to re-test or possibly take out its next major overhead resistance levels at $2.44 to its 200-day at $3.06.
Top 10 Telecom Stocks To Watch Right Now: BCE Inc. (BCE)
BCE Inc. provides communications solutions to residential, business, and wholesale customers primarily in Canada. The company offers local and long distance telephone services under the Bell Home Phone brand; direct-to-home satellite television (TV) services under the Bell TV name; Internet protocol TV services under the Bell Fibe TV brand; and personal video recorders and online access services. It also provides data services, including Internet access services under the Bell Internet name; Internet protocol based services; and information and communications technology solutions. In addition, the company engages in the rental, sale, and maintenance of business terminal equipment; sale of TV set-top boxes; and provision of network installation and maintenance services for third parties. Further, it offers wireless voice and data communications products and services, such as call display and voicemail, e-mail, Web browsing, social networking, text, picture and video messagi ng, music downloads, ring tunes, ringtones, games and applications, video streaming, live TV, mobile Internet, roaming, and global positioning system navigation services under the Bell and Virgin Mobile brands. Additionally, the company provides media services comprising TV programming services to broadcast distributors. It operates approximately 28 conventional over-the-air stations and 30 English and French-language specialty TV channels; 33 FM and AM radio stations and their related Websites; and Theloop.ca Website. As of December 31, 2012, the company served approximately 2.1 million high-speed Internet access customers through fiber-optic, digital subscriber line, or wireless broadband technology; and 7.7 million wireless customers. BCE Inc. offers its services through call centre representatives, independent dealer stores, and value-added resellers, as well as through its Websites. The company was founded in 1880 and is headquartered in Verdun, Canada.
Advisors' Opinion:- [By Holly LaFon]
Dalio�� next largest purchase was Berkshire Hathaway Inc. (BRK.B), and three new buys: BCE Inc. (BCE), The Goldman Sachs Group Inc. (GS), and Peabody Energy Corp. (BTU).
- [By Alex Planes]
Excel became the youngest company to earn a billion dollars annual revenue that year, and was also considered the fourth-largest long-distance carrier by the end of 1996. But the flaws in its business model became too great to ignore as more Americans shifted their calling preferences to mobile phones. Profits plummeted, and after the turn of the century Bell Canada (NYSE: BCE ) , a major shareholder, acquired full control. Excel became a Bell Canada subsidiary, but was quickly spun off as a new privately held company, only to have this new corporate parent file for bankruptcy in 2004. After emerging from bankruptcy, the former Excel was eventually acquired by another privately held telecom provider. It wasn't the first or the fastest to go big and then go bust, but Excel's story highlights the risks any investor takes in buying up shares based on a very brief history of meteoric growth.
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