Vodafone Group Plc (ADR) (NASDAQ:VOD)’s UK division has announced to sign a deal with Netflix to allow 4G customers to access video streaming for free. Netflix, Inc. (NASDAQ:NFLX) is an Internet television network in over 40 countries. Vodafone Group Plc (ADR) (NASDAQ:VOD) weekly performance is 1.77%. On last trading day company shares ended up $35.04. Analysts mean target price for the company is $46.53. Vodafone Group Plc (ADR) (NASDAQ:VOD) distance from 50-day simple moving average (SMA50) is -16.85%.
On May 28, French telecom giant Orange SA (ADR) (NYSE:ORAN) Wednesday said it will tender its 8% stake in computer-service company Bull SA (BULL.FR) to larger rival Atos (ATO.FR). Atos Monday announced a friendly, all-cash bid to take over Bull, valueing the company at 620 million euros ($845 million). At EUR4.90 per share, the Atos offer included a 22% premium over the Friday closing price. Orange SA (ADR) (NYSE:ORAN) shares advanced 2.49% in last trading session and ended the day on $16.08. Gross Margin is 56.10% and its return on assets is 4.20%. Orange SA (ADR) (NYSE:ORAN) quarterly performance is 33.89%.
On May 20, Telefonica S.A. (ADR) (NYSE:TEF) was downgraded by equities research analysts at TheStreet from a “buy” rating to a “hold” rating in a research note issued to investors on Friday. Telefonica S.A. (ADR) (NYSE:TEF) shares moved up 0.66% in last trading session and was closed at $16.68, while trading in range of $16.61 – $16.72. Telefonica S.A. (ADR) (NYSE:TEF) year to date (YTD) performance is 5.57%.
The CEO of Telecom Italia SpA (ADR) (NYSE:TI), Marco Patuano, has expressed optimism regarding the bidding for the 700 MHz band and came to Brazil to confirm TIM’s interest in bidding, reports Teletime. Speaking after a meeting with Brazil’s Communications Minister Paulo Bernardo, he declined to go into detail about the contributions to the ongoing public consultation, but pointed out that, in Italy, the interference observed in practice was much lower than that indicated by theoretical studies. For this reason, the operator is asking the Brazilian regulator to limit the amount operators must spend to prevent interference with broadcasting in the frequency band. Telecom Italia SpA (ADR) (NYSE:TI) ended the last trading day at $12.40. Company weekly volatility is calculated as 1.80% and price to cash ratio as 2.23. Telecom Italia SpA (ADR) (NYSE:TI) showed a positive weekly performance of 9.25%.
Magyar Telekom Tavkozlesi Nyrt (ADR) (OTCMKTS:MYTAY) On last trading day company shares ended up $7.25.
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