Tata Communications Limited (ADR) (OTCMKTS:TTCMY)reportedly is in talks with Vodafone about a deal that would have Vodafone buying all of Tata Communications, though talks are said to be at a preliminary stage. Tata Communications Limited (ADR) (OTCMKTS:TTCMY) stock is currently trading at $4.50. The stock showed a negative weekly performance of -7.28%.
The European Commission on Thursday again stymied German regulators’ plans to review a planned €8.6 billion ($11.5 billion) tie-up between the German operations of telecom giants Royal KPN NV and Telefonica S.A. (ADR) (NYSE:TEF), saying it is “better placed” to evaluate the deal. Telefonica S.A. (ADR) (NYSE:TEF) stock opened at $15.27, in current trading session and currently is at $15.12, by losing -1.56%. The 52 week range of $12.31 – $18.05. Company’s market capitalization is $68.55 billion.
Zacks lowered shares of KT Corporation (ADR) (NYSE:KT) from a neutral rating to an underperform rating in a report released on Monday, American Banking & Market News reports. Zacks currently has $12.90 price objective on the stock. KT Corporation (ADR) (NYSE:KT) stock is open at $14.11 and currently trading at $14.07. The EPS of the stock is 1.56. Company’s market capitalization is $7.35 billion.
Kepler Capital Markets cut shares of Orange SA (NASDAQ:ORAN) from a hold rating to a reduce rating in a research note issued to investors on Tuesday, AnalystRatingsNetwork reports. Orange SA (ADR) (NYSE:ORAN) stock opened the session at $12.22, and now is at $12.05. The 52 week range of the ORAN stock remained $9.10 – $14.68 and the day range was $12.09 – $12.24.