Partnerships, Merger Amendments, Consortiums, Earnings, and Awards Deliver Value to Consumers and Stockholders - Research Report on AT&T, Sprint, Vodafone, Mobile TeleSystems, and SK Telecom
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, June 13, 2013 /PRNewswire/ --
Today, Wall Street Reports announced new research reports highlighting AT&T, Inc. (NYSE: T), Sprint Nextel Corp. (NYSE: S), Vodafone Group Public Limited Company (NASDAQ: VOD), Mobile TeleSystems OJSC (NYSE: MBT), and SK Telecom Co. Ltd. (NYSE: SKM). 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 June 6, 2013, AT&T, Inc. (AT&T) announced that it is partnering with IBM to deliver a new eCommerce solution for an improved retail shopping experience. This new service will combine AT&T's cloud, application management, and network services and IBM's eCommerce software from the Smarter Commerce initiative in a single, subscription-based package designed for retailers. Steve Caniano, Vice President of Cloud Solutions at AT&T Business Solutions, said, "Through our collaboration with IBM, we're offering retailers a unique 'one-stop-shop' for their eCommerce technology needs, with the potential to help them realize online sales growth and improve customer service." 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.WSReports.com/r/full_research_report/c8c9_T]
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Sprint Nextel Corp. Research Report
On June 10, 2013, Sprint Nextel Corp. (Sprint) announced that it has amended its previously announced merger agreement with Softbank. The Board of Directors and the Special Committee for the merger agreement have unanimously approved and expressed their recommendation to shareholders to vote in favor of the merger transaction. Masayoshi Son, Chairman and CEO of Softbank, stated, "The amended agreement announced today delivers more upfront cash to Sprint stockholders, while still achieving our goal of creating a well-capitalized Sprint that is better positioned to bring meaningful competition to the US market." Mr. Son added, "Our transaction offers significant value for Sprint stockholders and the opportunity to realize that value in just a few weeks, without the risks associated with any other potential transaction. We look forward to working with the Sprint management team to accelerate the build out of a nationwide LTE network, increase competition in the US market and drive subscriber growth in the years ahead." The Full Research Report on Sprint Nextel Corp. - 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/cdcd_S]
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Vodafone Group Public Limited Company Research Report
On May 31, 2013, Vodafone Group Public Limited Company (Vodafone) and China Mobile announced that they will withdraw from the process to award two telecommunications licenses in Myanmar. As stated in the release, the Vodafone-China Mobile consortium has concluded that the opportunity does not meet the strict internal investment criteria to which both Vodafone and China Mobile adhere. The consortium also stated that they will continue to track Myanmar's progress, and will give due consideration to any future opportunities that would meet both companies' investment criteria. 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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Mobile TeleSystems OJSC Research Report
On June 7, 2013, Mobile TeleSystems OJSC (Mobile TeleSystems) released its Q1 2013 results. Consolidated revenue was up 2% YoY to RUB93 billion. Mobile service revenue was up 7% YoY to RUB63 billion. Consolidated net income was down 16.9% YoY to RUB13 billion. Andrei Dubovskov, President and CEO of Mobile TeleSystems, said, "Overall growth compared to Q1 2012 was limited by the suspension of our operations in Uzbekistan. Excluding Uzbekistan, our topline grew by 6% year-over-year due to sustained growth in consumption of voice and data services in our markets. Our revenues in Russia increased by 5% to 82.7 billion rubles. In Q1 2013, we rebalanced our product portfolio, decreasing the share of premium-priced handsets in the sales mix, which directly led to the decrease in sales of handsets and equipment by 6% year-over-year. Instead, we focused on promoting sales of low-budget smartphones, including MTS-branded devices, which naturally have a greater impact in stimulating ARPU growth." 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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SK Telecom Co. Ltd. Research Report
On June 10, 2013, SK Telecom Co. Ltd. (SK Telecom) announced that it has won the Small Cell Industry Awards for two consecutive years. SK Telecom's LTE femtocell received two honors in the categories of 'Commercial Development - Innovation in Commercial Deployment' and 'Small Cell Network Element Design and Technology Innovation.' "The award is recognition of SK Telecom's strenuous efforts to further enhance customers' mobile experience. With the application of innovative small cell technologies, we are offering service of the highest reliability in all LTE coverage areas. We will also continue to make efforts to realize next-generation mobile technologies, including LTE Advanced, to maximize customer value and benefits," said Choi Jing-sung, Executive Vice President and Head of ICT R&D Division of SK Telecom. The Full Research Report on SK Telecom Co. Ltd. - 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/55a2_SKM]
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SOURCE Wall Street Reports
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