The Zacks Analyst Blog Highlights: AT&T, America Movil, Verizon Communications, TELUS and Rogers Communications

Sep 20, 2013, 09:30 ET from Zacks Investment Research, Inc.

CHICAGO, Sept. 20, 2013 /PRNewswire/ -- announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the AT&T, Inc. (NYSE: T-Free Report), America Movil (NYSE: AMX-Free Report), Verizon Communications Inc.'s (NYSE: VZ-Free Report), TELUS Corporation (NYSE: TU-Free Report) and Rogers Communications Inc. (NYSE: RCI-Free Report).


Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

Here are highlights from Thursday's Analyst Blog:

AT&T Expands in Latin America

AT&T, Inc. (NYSE: T-Free Report) has been reportedly planning its expansion in Latin America markets through its collaboration with Leading Latin American telecom carrier – America Movil (NYSE: AMX-Free Report).

AT&T now expects to reach beyond key countries like Mexico and Brazil and establish its presence in countries like Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru and Uruguay. The company already entered into a network sharing agreement with America Movil in Nov 2012, which allows them to expand and enhance networks within Latin America and offshore key markets throughout the world, including growth regions like, Asia and the Middle East.

We believe AT&T's strategic alliance with America Movil to grow in South America remains reflective of  Verizon Communications Inc.'s (NYSE: VZ-Free Report) intention to step into the Canadian Telecommunication market.

AT&T and Verizon have already achieved significant success in their home ground and are seeking new markets to grow beyond the mature and highly competitive telecom industry in the U.S. However, while AT&T banks on its collaboration with top players like America Movil, Verizon is looking forward to acquisitions, creating a significant threat for three big Canadian companies like TELUS Corporation (NYSE: TU-Free Report) and Rogers Communications Inc. (NYSE: RCI-Free Report). Further, Verizon is also considering participation in spectrum auction by the Canadian government.

Coming back to AT&T, although nothing much has been disclosed by the company on its expansion policies or its deal terms with America Movil, it is anticipated that AT&T can also seek to establish itself in Europe through its tie up with the latter.

In Jun 2012, America Movil increased its minority stake in Koninklijke KPN NV (a Dutch telecom company) to 28% from 4.8% and assimilated a 22% stake in Telekom Austria AG, intensifying its foray into the European market. Given America Movil's growing presence in Europe, we believe it is much likely for AT&T to join forces for invading the European telecom market.

AT&T has a Zacks Rank #3 (Hold).

Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.

About Zacks Equity Research

Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.

Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.

Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today.

About Zacks is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.

Get the full Report on T - FREE

Get the full Report on AMX - FREE

Get the full Report on VZ - FREE

Get the full Report on TU - FREE

Get the full Report on RCI - FREE

Follow us on Twitter:

Join us on Facebook:

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Media Contact
Zacks Investment Research
800-767-3771 ext. 9339

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release.

SOURCE Zacks Investment Research, Inc.