Network Sharing, M&As, Settlement, and Events to Promote Market and Margin Expansion - Research Report on Vodafone, T-Mobile US, Clearwire, MTS, and Leap Wireless International
NEW YORK, July 8, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting Vodafone Group Public Limited Company (NASDAQ: VOD), T-Mobile US, Inc. (NYSE: TMUS), Clearwire Corporation (NASDAQ: CLWR), Mobile Telesystems OJSC (NYSE: MBT), and Leap Wireless International Inc. (NASDAQ: LEAP). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Vodafone Group Public Limited Company Research Report
On June 26, 2013, Vodafone Greece, a member of Vodafone Group Public Limited Company (Vodafone), and Wind Hellas jointly announced that they have signed a 2G and 3G network sharing agreement which will cover rural areas as well as some urban sites in Greece. Vodafone stated that the agreement, that will benefit its customers from improved coverage and data performance, will also help realize cost savings for both the Companies. The Company also reported that it will continue to operate its 4G network exclusively across Greece. Both the Companies will form a new technology company to manage the radio access network. The 15-year agreement is subject to approval of the Hellenic Telecommunications and Post Commission. The Full Research Report on Vodafone Group Public Limited Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/6b1f_VOD ]
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T-Mobile US, Inc. Research Report
On June 28, 2013, T-Mobile US, Inc. (T-Mobile) announced that its wholly-owned subsidiary has signed an agreement to purchase 10 MHz of Advanced Wireless Services (AWS) spectrum from U.S. Cellular for $308 million in cash. According to T-Mobile this additional spectrum will expand its 4G LTE bandwidth to Mississippi Valley region. John Legere, President and CEO of T-Mobile, commented, "In today's marketplace, spectrum is gold." Legere continued, "This is a rare opportunity to secure precious AWS spectrum in key markets that will immediately be put to use by both T-Mobile and MetroPCS customers. This deal expands our network and capacity, allowing for a broader roll-out of 4G LTE and an even faster and more reliable 4G experience for our customers - in addition to spurring competition in the wireless marketplace." The agreement is subject to approval by the Federal Communications Commission (FCC) and Department of Justice, and other customary closing conditions. Once approved, the transaction is expected to close in Q4 2013. 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.WSReports.com/r/full_research_report/10ce_TMUS ]
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Clearwire Corporation Research Report
On June 24, 2013, Clearwire Corporation (Clearwire) announced that Institutional Shareholder Services (ISS) has recommended that Clearwire stockholders vote FOR the proposed merger with Sprint. In the report issued by ISS on June 21, 2013, the ISS stated, "Given the cash consideration being offered by Sprint is higher than the tender offer from DISH, and therefore the best alternative currently available to maximize value, shareholders should vote FOR the proposed merger with Sprint." Erik Prusch, President and CEO of Clearwire, said, "We are pleased that ISS agrees that Sprint's increased offer to acquire all of the outstanding shares of Clearwire represents the best value to our stockholders." Prusch added, "This offer has been unanimously recommended by the Special Committee of Clearwire's Board of Directors, which consists of independent, non-Sprint-affiliated directors, and the Board urges Clearwire stockholders to vote 'FOR' the transaction." The Full Research Report on Clearwire Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/91c8_CLWR ]
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Mobile Telesystems OJSC Research Report
On June 25, 2013, Mobile Telesystems OJSC (MTS) announced that it has reached an agreement with Altimo and Nomihold for the settlement of all disputes related to the investment in Bitel LLC, formerly the leading mobile telephony operator in the Kyrgyz Republic. MTS reported that the scope of the agreement covers matters involving a number of parties and legal proceedings, including those in the Isle of Man, London, Luxembourg and the Seychelles. The Company stated that, as part of this settlement, it shall receive a total payment of up to $150 million, including an amount of $125 million which has been already received by MTS as of the date of announcement. All proceedings between the parties, and their associated parties, have been discontinued and waived, pursuant to the agreement. The Full Research Report on Mobile Telesystems OJSC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/7af8_MBT ]
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Leap Wireless International Inc. Research Report
On June 27, 2013, Leap Wireless International Inc. (Leap Wireless) announced that its subsidiary, Cricket Communications, Inc. (Cricket Wireless), will hold a new nationwide multi-city tour that will reward consumers with 'Random Acts of Half' savings events throughout this summer. Tyler Wallis, Senior Vice President of Product and Marketing at Cricket Wireless, said, "At Cricket we want our customers to know we are committed to offering them the most competitively priced wireless services with the best devices on the market." Wallis added, "After all, if you had the choice, you wouldn't pay double for anything, so why are consumers still doing it on AT&T and Verizon, when you know if you switch to Cricket, you can pay half?" The Full Research Report on Leap Wireless International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.WSReports.com/r/full_research_report/d215_LEAP ]
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SOURCE Wall Street Reports
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