New Contracts, Improved Offerings, Financial Results, and Strategic Divestitures - Research Report on Verizon, Aruba, T-Mobile, Rogers, and NII Editor Note: For more information about this release, please scroll to bottom
NEW YORK, August 27, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Verizon Communications Inc. (NYSE: VZ), Aruba Networks, Inc. (NASDAQ: ARUN), T-Mobile US, Inc. (NYSE: TMUS), Rogers Communications Inc. (NYSE: RCI), and NII Holdings Inc. (NASDAQ: NIHD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Verizon Communications Inc. Research Report
On August 16, 2013, Verizon Communications Inc. (Verizon) announced that the U.S. Department of the Interior has selected the Company to participate in a $10 billion, 10-year contract to provide cloud and hosting services. According to the Company, it is one of the 10 companies that will compete to offer cloud-based storage, secure file transfer, virtual machine, and database, Web, and development and test environment services, and is also one of the four companies selected to offer SAP application hosting services. Verizon stated that each of the 10 agreements awarded under the Foundation Cloud Hosting Services contract has a potential value of $1 billion. The Full Research Report on Verizon Communications Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/VZ]
Aruba Networks, Inc. Research Report
On August 22, 2013, Aruba Networks Inc. (Aruba) reported its Q4 FY 2013 and FY 2013 financial results (period ended July 31, 2013). The Company's total revenue increased 9.9% YoY to $153.1 million for Q4 FY 2013 and increased 16.1% YoY to $600 million for FY 2013. Net loss was $16.3 million or $0.14 per diluted share in Q4 FY 2013, compared to net loss of $3 million or $0.03 per diluted share in Q4 FY 2012. Net loss for FY 2013 was $32.3 million or $0.29 per diluted share, compared to net loss of $8.9 million or $0.08 per diluted share in FY 2012. Dominic Orr, Aruba's President and CEO, said, "This performance was driven by strong execution, improvements across most of our geographical theatres and increased demand in our core verticals globally. Looking forward, we are confident in our strong growth drivers including our 802.11ac products, ClearPass, public facing enterprise solutions and Aruba Instant." The Full Research Report on Aruba Networks, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/ARUN]
T-Mobile US, Inc. Research Report
On August 21, 2013, T-Mobile US, Inc. (T-Mobile) announced that it has introduced Simple Choice for Business and Simple Choice Classic plans. The Company said that Simple Choice for Business separates the cost of mobile devices from wireless service and extends device monthly installment benefits for business customers with over five lines of services. Prices under this plan range from $20 for unlimited talk, text, and up to 500MB of data to $50 for unlimited 4G data. T-Mobile added that its Simple Choice Classic plan also allows customers to choose number of lines and how much high-speed data they want. Prices under this plan start at $40 for unlimited talk, text, and Web, with up to 500MB of high-speed data, and for $70 customers may access unlimited talk, text, and 4G on a nationwide 4G network. The Full Research Report on T-Mobile US, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/TMUS]
Rogers Communications Inc. Research Report
On August 22, 2013, Rogers Communications Inc. (Rogers) announced the official launch of Connected for Success, a program that offers broadband internet, a subsidized computer and software to residents of Toronto Community Housing (TCH). According to the Company, the program offers access to qualified residents of TCH to Rogers Hi-Speed Internet service with speeds of up to 3Mbps and usage allowance of 30GB for only $9.99 per month. The Company stated that it is also providing customers with the option to purchase a computer for $150 with support from Microsoft Canada and Compugen. Rob Bruce, President of Communications, Rogers Communications, said, "Across Canada, internet penetration is more than sixty per cent and in Toronto Community Housing it's only twenty per cent. We have a tremendous opportunity working with Toronto Community Housing to reach thousands of families and youth, enabling them to build digital skills that will contribute to their future success." The Full Research Report on Rogers Communications Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/RCI]
NII Holdings Inc. Research Report
On August 19, 2013, NII Holdings, Inc. (NII) announced that the Company has completed the sale of its Peruvian operations to Empresa Nacional de Telecomunicaciones S.A. (ENTEL) for an aggregate value of $410.6 million, which reflects estimated adjustments for cash, debt, and working capital balances of the closing date. According to the Company, the transaction (structured as a purchase of the shares of Nextel del Peru S.A., NII's indirect subsidiary) was completed as part of its previously announced strategy to focus its capital and other resources primarily in Mexico and Brazil, its two largest markets. Steve Shindler, NII's CEO, said, "The sale of Nextel Peru is part of our ongoing strategy to increase stockholder value by allowing us to focus and align our financial and operational resources where we can maximize our return on invested capital. This sale also provides additional liquidity to support our investments in the deployment of our next generation networks." The Full Research Report on NII Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-22/NIHD]
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