Nortel Inversora (NYSE:NTL) , (“Nortel Inversora” or the “Company”) the holding company of Telecom Argentina S.A., announced on 14 April that it has submitted its Annual Report on Form 20-F (“Form 20-F”) and the corresponding complete audited financial statements as of and for the year ended December 31, 2013 to the U.S. Securities and Exchange Commission (“SEC”). Nortel Inversora SA (ADR) (NYSE:NTL) shares after opening at $21.24 moved to $21.31 on last trade day and at the end of the day closed at $21.31. Company price to sales ratio in past twelve months was calculated as 0.02 and price to cash ratio as 0.12. Nortel Inversora SA (ADR) (NYSE:NTL) showed a positive weekly performance of 7.79%.
Philippine Long Distance Telephone (ADR) (NYSE:PHI) Consolidated EBITDA for the period grew to PHP77.6 billion or 3% higher versus 2012 while EBITDA margin was steady at 47%. Reported net income for 2013 was lower by PHP700 million or PHP35.4 billion mainly due to higher foreign exchange and derivative losses and the adverse impact of Typhoon Yolanda. Philippine Long Distance Telephone (ADR) (NYSE:PHI) shares fell -0.32% in last trading session and ended the day on $64.75. Philippine Long Distance Telephone (ADR) (NYSE:PHI) yearly performance is -8.40%.
China Mobile Ltd. (941), China Unicom and China Telecom Corp. (NYSE:CHA) are aiming to achieve 1 million yuan ($160,000) in sales for each title, Liu Yang said at the Global Mobile Internet Conference in Beijing. The carriers will have a joint rating system for games in the world’s biggest smartphone market, he said. China Telecom Corporation Limited (ADR) (NYSE:CHA) shares moved up 1.03% in last trading session and was closed at $51.07, while trading in range of $50.79 – $51.21. China Telecom Corporation Limited (ADR) (NYSE:CHA) year to date (YTD) performance is 0.99%.
Nippon Telegraph and Telephone Corp. (ADR) (NYSE:NTT) Alcatel-Lucent and Fujitsu are to make a proof-of-concept demonstration of the Virtual Network Platform-as-a -service (VNPaaS) technology to the ETSI NFV ISG body in Japan. The demonstration, one of the outcomes from the collaborative study on NFV application, will be presented at the Bankoku Shinryokan Resort MICE Facility in Okinawa on May 14, 2014 Nippon Telegraph & Telephone Corp (ADR) (NYSE:NTT) weekly performance is 5.10%. On last trading day company shares ended up $28.21. Nippon Telegraph & Telephone Corp (ADR) (NYSE:NTT) distance from 50-day simple moving average (SMA50) is 3.29%. Analysts mean target price for the company is $31.78.