Diversified Communication Services Industry Announces Network Enhancements, New Contracts and Offerings, and Financial Results - Research Report on AT&T, CenturyLink, Sprint, Level 3, and Gogo
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NEW YORK, August 26, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting AT&T, Inc. (NYSE: T), CenturyLink, Inc. (NYSE: CTL), Sprint Corporation (NYSE: S), Level 3 Communications, Inc. (NYSE: LVLT), and Gogo Inc. (NASDAQ: GOGO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
AT&T, Inc. Research Report
On August 21, 2013, AT&T, Inc. (AT&T) announced that its network enhancement in San Diego have significantly ramped up the region's 4G LTE network during the first half of 2013. Ken McNeely, President of AT&T California, stated, "Fast, reliable connectivity is essential to our quality of life and keeping California competitive." McNeely continued, "No one understands that better than we do, and no one is doing more than AT&T to mobilize the San Diego region. With the Velocity IP Plan, we're working to ensure that our San Diego customers remain at the forefront of broadband services." The Full Research Report on AT&T, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-21/T]
CenturyLink, Inc. Research Report
On August 20, 2013, CenturyLink, Inc. (CenturyLink) announced that it will receive $54 million from the Federal Communications Commission's Connect America Fund (CAF) to deliver broadband to more than 92,000 rural homes and businesses in unserved high-cost areas. Combined with its copayment, CenturyLink stated that it will invest more than $108 million over the next three years. Steve Davis, Executive Vice President for Public Policy and Government Relations at CenturyLink, commented, "We commend the FCC for its collective commitment to bringing the many benefits of high-speed Internet service to unserved high-cost areas of rural America." Davis added, "CenturyLink is investing millions of dollars to deploy broadband to thousands of Americans who live in areas that would be cost prohibitive to serve without programs like the FCC's Connect America Fund." The Full Research Report on CenturyLink, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-21/CTL]
Sprint Corporation Research Report
On August 19, 2013, Sprint Corporation (Sprint) announced that it will offer Samsung Galaxy Mega on the Sprint network later in the year 2013. Fared Adib, Senior Vice President for Product Development at Sprint, said, "Galaxy Mega is an ideal smartphone to demonstrate the value of Sprint's unlimited 4G LTE data plans. This new device combines the creativity of a tablet and the productivity and portability of a smartphone with the availability of the Sprint Unlimited Guarantee on the Unlimited, My Way[SM] or My All-in[SM] plan. Our customers will enjoy the mega-sized 6.3-inch display, premium camera, fast 4G LTE speeds and other innovative features on Galaxy Mega while on the Sprint network, without worrying about costly overages or sharing data. While other wireless providers are moving away from unlimited service, the Sprint Unlimited Guarantee allows our customers to lock-in unlimited talk, text and data, not for just the next two years, but for the life of the line of service." The Full Research Report on Sprint Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-21/S]
Level 3 Communications, Inc. Research Report
On August 21, 2013, Level 3 Communications, Inc. (Level 3) announced that the State of South Carolina has awarded the Company with a five-year contract to provide Web and audio conferencing services to government organizations statewide. Edward Morche, Senior Vice President and General Manager of Government Markets Group at Level 3, explained, "With these services, the State of South Carolina is virtually removing time, financial and geographic boundaries and ambiguity that can stand in the way of effectively collaborating on important projects or making time-sensitive decisions. That not only helps the government, it helps its citizens." The Full Research Report on Level 3 Communications, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-21/LVLT]
Gogo Inc. Research Report
On August 7, 2013, Gogo Inc. (Gogo) released its Q2 2013 financial results. The Company reported total revenues of $79.4 million, up 37.2% YoY during the quarter. Net loss attributable to common stock was $72.6 million, or $4.98 per diluted share, in Q2 2013, compared to a net loss of $13.1 million, or $1.93 per diluted share, in Q2 2012. Commenting on the results, Michael Small, President and CEO of Gogo, stated, "We had a very strong second quarter with total revenue up 37 percent to $79.4 million driven by a 54 percent increase in service revenue demonstrating robust demand for our connectivity products and services. Our 3,666 ATG aircraft online included 312 ATG-4 aircraft on the CA side as we continued to deploy our next generation technology to increase network capacity." Small continued, "During the second quarter, we completed our Initial Public Offering (IPO) and closed an add-on credit facility, resulting in $300 million in new funding. We believe we are now well capitalized to address the large international growth opportunity." Gogo expects total revenue in the range of $305 million to $315 million for full-year 2013. The Full Research Report on Gogo Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-08-21/GOGO]
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SOURCE Investors' Reports
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