Organizational Structure Changes, Technology Investments, and Network Expansions Help Position for Growth - Research Report on Verizon, Vodafone, TDS, Ruckus Wireless, and Alaska Communications
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NEW YORK, August 8, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Verizon Communications Inc. (NYSE: VZ), Vodafone Group plc (ADR) (NASDAQ: VOD), Telephone & Data Systems, Inc. (NYSE: TDS), Ruckus Wireless Inc. (NYSE: RKUS), and Alaska Communications Systems Group Inc. (NASDAQ: ALSK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Verizon Communications Inc. Research Report
On August 1, 2013, Verizon Communications Inc. (Verizon) issued a congratulatory note on Mike O' Rielly's nomination to serve as a commissioner at the Federal Communications Commission. Craig Silliman, Verizon's Senior Vice President, Public Policy, stated, "Verizon congratulates Mike O'Rielly on his nomination to serve as commissioner at the FCC. His experience and public service are tremendous assets that will prove invaluable as the commission addresses pressing needs, including the availability of spectrum, the transition to IP-based services and the need to modernize the country's outdated policy framework for communications technology." Silliman added, "We look forward to working with Mr. O'Rielly and the full commission on policies that stimulate innovation and benefit American consumers." The Full Research Report on Verizon 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/ca80_VZ]
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Vodafone Group plc (ADR) Research Report
On August 1, 2013, Vodafone Group plc (ADR) (Vodafone) announced changes to its organizational structure, in-line with its Vodafone 2015 priorities. Starting October 1, 2013, Vodafone will initiate the merger of its Northern & Central Europe and Southern Europe regions into one European region and will report its Turkish operating company within the Africa, Middle East, and Asia-Pacific region. Consequently, the Company's current Regional CEO of Northern and Central Europe, Philippe Humm, will become the Regional CEO of Europe. Additionally, the Company is creating an expanded Group Commercial platform, comprised of Brand, Consumer, Unified Communications, Terminals, Customer Operations, and Partner Markets, encompassing the recently-created Group Enterprise organization. Paolo Bertoluzzo, Vodafone's current Regional Chief Executive Officer, Southern Europe, will hold the responsibility as Group Commercial and Operations Officer. The Full Research Report on Vodafone Group plc (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/6e1f_VOD]
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Telephone & Data Systems, Inc. Research Report
On August 2, 2013, Telephone & Data Systems, Inc. (TDS) reported its Q2 2013 financial results. The Company's operating revenues decreased 7.2% YoY to $1.2 billion during the quarter. Net income attributable to TDS shareholders was $156.1 million or $1.42 per diluted share in Q2 2013, compared to $42.3 million or $0.39 per diluted share in Q2 2012. LeRoy T. Carlson, Jr., President and Chief Executive Officer at TDS, said, "At U.S. Cellular, we divested underperforming markets in May for $480 million, and returned value to shareholders through a special, one-time dividend. In June, U.S. Cellular also announced an agreement to monetize non-strategic spectrum at a significant valuation. Yesterday, we closed the Baja Broadband acquisition and TDS Telecom began implementing strategies to drive customer penetration in Baja's markets. This morning, we announced a new $250 million share repurchase authorization that will enable us to return value to TDS shareholders."The Full Research Report on Telephone & Data Systems, 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/172e_TDS]
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Ruckus Wireless Inc. Research Report
On July 31, 2013, Ruckus Wireless Inc. (Ruckus Wireless) reported its Q2 2013 financial results. The Company's revenue increased 30.6% YoY to $63.9 million during the quarter. Net income attributable to common stockholders was $0.7 million or $0.01 per diluted share, in Q2 2013, compared to $5.1 million or $0.17 per diluted share, in Q2 2012. Selina Lo, President and Chief Executive Officer at Ruckus Wireless, said, "In the quarter, our service provider business regained momentum with a record number of new wins and network expansion by existing customers. Our strong position in the carrier Wi-Fi market was validated by Infonetics' Global Service Provider survey published in Q2, which found Ruckus to be the second most installed Wi-Fi brand and the number one brand being evaluated for 2014 deployments." The Full Research Report on Ruckus Wireless 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/51ae_RKUS]
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Alaska Communications Systems Group Inc. Research Report
On August 1, 2013, Alaska Communications Systems Group Inc. (Alaska Communications) reported its Q2 2013 financial results. The Company's operating revenues increased $8.6% YoY to $97.7 million during the quarter. Net income was $37.7 million or $0.80 per diluted share in Q2 2013, compared to net loss of $0.8 million or $0.02 per diluted share in Q2 2012. Anand Vadapalli, President and Chief Executive Officer of Alaska Communications, commented on the results, "We are extremely pleased with our performance in the first half of the year. We achieved very strong rates of growth, with retail broadband revenues increasing 21% over last year." Vadapalli added, "This quarter we also initiated a fiber-to-the-node build plan to significantly improve our broadband capabilities for business customers and sustain our long-term growth. We start with Anchorage this year and roll out to other areas of the state over the next couple of years."The Full Research Report on Alaska Communications Systems Group 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/678a_ALSK]
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