Telecomunicacoes de Sao Paulo SA (ADR)
Traditional phone companies have disappeared. Telephone companies today offer wireless services, satellite television, and broadband Internet in addition to landlines. Portugal Telecom (NYSE: PT), BCE (NYSE: BCE), and VIV Telefonica Brasil (NYSE: VIV) are some of the companies active in telecom that will be looked upon to assess these expanding prospects.
Canada’s largest communications company, BCE, has recently entered the multimedia business, and its main segments are more »
AT&T (NYSE: T) tried to buy T-Mobile but got shot down by the U.S. government. International acquisitions have been the rumor lately, and that isn't as far fetched as the corporate denials suggest.
The telecommunications industry is all about scale. The bigger you are the easier it is to compete and the larger your recurring revenue stream. The desire for scale, however, often bumps up more »
Just a couple of days ago, Standard & Poor revised Brazil's economic outlook from "Stable" to "Poor." Brazilian stocks and currency are down by 7% and Brazil's growth has been stagnant, growing by just 0.6% in the first quarter. However, the Brazilian consumer price index is at a 6.5% ceiling, which meets expectations.
Brazil’s disappointing economy is an opportunity for international investors
The Brazilian government has more »
Brazil is fifth-largest mobile market in the world. As wireless penetration in Brazil is over 130%, it is important for companies to focus on efficiency rather than growth. Also, wireless revenue faces added pressure after Anatel mandated industry-wide fee cuts.
There is a fixed-to-mobile services substitution, but internet penetration is still rather low and is expected to surge over the next few years along with economic growth. Pay television also more »
In any diversified portfolio, it is important to not only have a portion of your assets allocated to non U.S. companies, but to also have a portion of your investments be slightly speculative in nature. Investing in companies based in emerging markets presents opportunities to not only add international exposure to portfolio, but also take on some more risk.
An emerging market is simply defined as a nation that more »
There is a rumor making the rounds that AT&T (NYSE: T) and Verizon (NYSE: VZ) could team up to buy Vodafone Group (NASDAQ: VOD). Although Verizon has said there's no such deal in the works, it would be an interesting proposition for both companies.
Verizon and AT&T are the two largest cell phone companies in the United States. They are, effectively, a duopoly. In fact more »
Traditionally, investors put money into stocks for capital appreciation and invest in bonds for income with capital preservation. Financial advisers routinely recommend investing in both stocks and bonds, a strategy that proved particularly prudent over the last 30 years, when bonds outperformed stocks. However, for those of us building our portfolios now, low interest rates make bonds look only marginally more attractive than a savings account. Low interest rates have more »
Just the mention of anything international in today's market tends to make investors nervous. Companies that operate overseas, and particularly in Europe, seem to be fraught with turmoil. When you mention international telecommunications providers, many investors immediately think of Telefonica (NYSE: TEF) and how their huge dividend was recently turned to dust. However, not all international companies are created equal, and sometimes investors sell in fear, which can create more »
In an effort to boost the domestic economy, Brazil decided to pave its way towards high growth rates by building roads and railways. For the full year of 2012, Brazil's GDP growth is estimated to be less than 2 percent, the lowest annual performance since 2009. Brazil's need to modernize the economy is urgent, and infrastructure improvement might be a catalyst. After all, the 2014 football World Cup more »
Brazil faces an infrastructure crunch thanks to two upcoming major sporting events, the 2014 World Cup for soccer and the Summer Olympics in 2016.
The expected huge influx of travelers will put unprecedented strain on all of Brazil's inadequate infrastructure including roads, airports, hotels and telecommunications. The country's telecoms network is already under a strain as Brazil is one of the world's fastest growing telecommunications markets thanks more »
The telecom sector is not precisely considered a high-growth business. Competition is tough and many markets are mostly saturated, especially in developed countries. But when looking at emerging nations, things are clearly more exciting: penetration levels are much lower and businesses like data connectivity are still growing strongly. Besides, the particularities of emerging countries and the high level of regulation in the industry can make the competitive landscape more stable more »
Seth Klarman, famed hedge fund manager of Baupost Group and author of the out-of-print Margin of Safety, recently disclosed its largest equity holding as Vivendi SA (NASDAQOTH: VIVHY.PK), with a stake worth an estimated $530 million at the time of purchase. Shares have been down, hence our interest in taking a look at why this company has Klarman so interested.
Vivendi is a global telecom and media conglomerate operating more »
The economy in South America is hot, and this trend looks like it could continue for quite some time. So what is the best way for a savvy investor to play this, you ask? Allow me to explain...
The growth in South America is causing the middle class to expand significantly. These middle class families are beginning to earn higher incomes and in response they are indulging in some of more »