New Contracts, Product Launches, and Revised Financial Guidance - Research Report on Sprint, Harris, Inteliquent, Alcatel-Lucent and Iridium
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NEW YORK, July 18, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Sprint Nextel Corporation (NYSE: S), Harris Corporation (NYSE: HRS), Inteliquent Inc. (NASDAQ: IQNT), Alcatel-Lucent SA (ADR) (NYSE: ALU) and Iridium Communications Inc. (NASDAQ: IRDM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Sprint Nextel Corporation Research Report
On July 15, 2013, Sprint Nextel Corporation (Sprint) and Novatel Wireless, Inc. (Novatel) announced the availability of the MiFi Intelligent mobile hotspot lineup, MiFi 500 LTE by Novatel Wireless beginning July 19, 2013. According to Sprint, MiFi 500 LTE is among the first tri-band devices to join the Company's family of mobile broadband devices that provide access to Sprint's 4G LTE network at 800MHz, 1.9 GHz, and 2.5 GHz. Further, the Company stated that MiFi 500 LTE includes Novatel Wireless' advanced software enhancements to the MiFi Technology Platform that extend usage time through more efficient use of battery capacity. A few others features include advanced security, easy-to-use intuitive device menu, GPS over WiFi capability, and the ability to connect up to 10 Wi-Fi devices. Novatel reported that MiFi 500 LTE will cost $49.99 (excluding taxes) with a new line or eligible update, two year service agreement and $50 mail-in rebate via reward card. The Full Research Report on Sprint Nextel Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c5cc_S]
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Harris Corporation Research Report
On July 15, 2013, Harris Corporation (Harris) announced that it has received a contract from the United States Marine Corps, to replace its existing radio systems throughout Eastern Region U.S. Marine Corps bases and other locations. Harris reported that it had initially received an order of $6 million during Q3 FY 2013 to design and deploy radio systems at four bases in North Carolina and Georgia, and the full contract has a potential value of more than $16 million including system design and deployment, equipment, managed services, maintenance, and other options. According to the Company, the new system will leverage the latest standards-based digital technology and allow first responders to communicate and coordinate efforts more easily with neighboring civilian agencies than the existing analog-based solution. The Full Research Report on Harris Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/38f3_HRS]
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Inteliquent Inc. Research Report
On July 15, 2013, Inteliquent Inc. (Inteliquent) announced that the Company has revised its 2013 financial guidance. The Company now expects revenues in the range of $215 million to $225 million, compared to prior guidance of $200 million to $210 million; adjusted EBITDA of $57 million to $62 million, compared to prior guidance of $34 million to $40 million; and capital expenditures of $12 million to $16 million, compared to prior guidance of $14 million to $18 million. The Company informed that its revised financial estimates include the results for its global data business prior to its divestiture on April 30, 2013. The Full Research Report on Inteliquent Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a736_IQNT]
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Alcatel-Lucent SA (ADR) Research Report
On July 10, 2013, Alcatel-Lucent SA (ADR) (Alcatel-Lucent) and Telekom Indonesia announced that they have signed a contract for the development of an optic fiber network infrastructure which will connect the islands of Sulawesi, Maluku, and Papua, located in the Eastern part of the Indonesian archipelago. According to the Company, the system is part of Telkom Indonesia's Nusantara Super Highway, consisting in deploying a terrestrial and undersea infrastructure throughout the archipelago to address the increased mobile penetration and Internet traffic growth. The Company informed that the terrestrial links and inland activities will be performed by the Company's PT Lintas. Philippe Dumont, President of Alcatel-Lucent Submarine Networks, said, "Expanding connectivity and increasing capacity for data services in areas which are not yet adequately served is vital to improve broadband access for all. We are pleased to support Telkom Indonesia in accelerating the expansion of internet connectivity to remote areas and overcoming the structural and geographic constraints that limit broadband penetration." The Full Research Report on Alcatel-Lucent SA (ADR) - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b021_ALU]
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Iridium Communications Inc. Research Report
On July 11, 2013, Iridium Communications Inc. (Iridium) announced that it will host a conference call on August 1, 2013 at 8:30 p.m. ET to discuss the Company's Q2 2013 financial results. The Company also stated that it will issue its Q2 2013 earnings press release prior to the call on the same date. The press release will be available on the Company's website. Iridium also stated that a replay of the call will be available toll-free until August 8, 2013 The Full Research Report on Iridium Communications Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/936b_IRDM]
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SOURCE Analysts' Corner
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