NEW YORK, September 7, 2016 /PRNewswire/ --
Demand for connectivity remains one of the biggest growth drivers for the global Telecommunications and Wireless Communications industry, which is expected to grow and become a $6.5 trillion segment in 2018. This makes now a good time to search for potential prospects, as Technology continues to advance at a rapid pace. In today's pre-market research, Stock-Callers.com has initiated coverage on the following equities: Vodafone Group PLC (NASDAQ: VOD), Mobile TeleSystems PJSC (NYSE: MBT), Telefonica Brasil S.A. (NYSE: VIV), and SK Telecom Co. Ltd (NYSE: SKM). You can access of our complimentary research reports on these stocks now at:
Shares in Newbury, the UK-based Vodafone Group PLC ended Tuesday's session at $30.68, which was a slight drop of 0.71% from the previous session. The stock recorded a trading volume of 3.04 million shares. The Company's shares are trading 0.16% below their 50-day moving average. Moreover, shares of Vodafone Group, which provides mobile communications services in Europe, the Middle East, Africa, the Asia Pacific, and the US, have a Relative Strength Index (RSI) of 47.29.
On August 3rd, 2016, Bloomberg reported that Vodafone won the European Commission's approval to combine with Liberty Global PLC's unit in the Netherlands after offering to sell its fixed-line network in the country. As per the article, the combination would create a business with more than 5 million mobile subscribers, 4 million video clients and 3 million broadband customers. Visit us today and download your complete report on VOD for free at:
Moscow, the Russian Federation-based Mobile TeleSystems PJSC's stock rose 1.47%, closing the day at $8.26, with a total volume of 2.45 million shares traded. The Company's shares have advanced 40.86% on an YTD basis. The stock is trading 8.39% above its 200-day moving average. Additionally, shares of Mobile TeleSystems, which provides telecommunication services in Russia and the Commonwealth of Independent States, have an RSI of 42.55.
On August 18th, 2016, Mobile TeleSystems reported that Consolidated group revenue increased by 5.3% y-o-y to RUB 108.1 billion, while total revenue in Russia rose by 3.3% y-o-y to RUB 97.4 billion. The company's active subscriber-base increased 3.5% for the Group to 109.0 million. Mobile TeleSystems' YTD Free Cash Flow reached nearly RUB 24.0 billion.
On September 01st, 2016, research firm HSBC Securities downgraded the Company's stock rating from 'Buy' to 'Hold'. The complimentary research report on MBT can be accessed at:
On Tuesday, shares in Sao Paulo, Brazil headquartered Telefonica Brasil S.A. recorded a trading volume of 1.31 million shares. The stock ended the day 2.03% higher at $15.60. The Company's shares have gained 6.05% in the past month, 27.62% in the previous three months, and 79.24% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 8.67% and 37.17%, respectively. Furthermore, shares of Telefonica Brasil, which provides fixed-line and mobile telecommunications services to residential and corporate customers in Brazil, have an RSI of 69.04. Register for free on Stock-Callers.com and download the PDF research report on VIV at:
Seoul, South Korea headquartered SK Telecom Co. Ltd's stock climbed 1.84%, finishing yesterday's session at $22.15, with a total volume of 455,472 shares traded. The Company's shares have advanced 5.08% in the previous three months and 9.93% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.43% and 7.49%, respectively. Additionally, shares of SK Telecom, which provides wireless telecommunications services in South Korea, have an RSI of 53.68.
On August 19th, 2016, SK Telecom launched its latest pico projector named 'UO Smart Beam Laser NX BIGBANG 10 Edition as the result of a collaboration project between SK Telecom and YG Entertainment, one of the largest entertainment companies in Korea, to celebrate the 10th anniversary of BIGBANG*. The BIGBANG 10 Edition offers a brightness of 200 lumens and a native resolution of 1280 X 720, and unlike its predecessors that can only be controlled through a connecting smartphone; BIGBANG 10 Edition can also work as a stand-alone device as it is built with a micro SD card slot and control buttons. Get free access to your research report on SKM at:
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