Telecom Italia SpA (ADR) (NYSE:TI) towers unit in Brazil has attracted interest from a number of bidders including a Goldman Sachs-backed firm and American Tower, according to Bloomberg. Telecom Italia SpA (ADR) (NYSE:TI) net profit margin is -15.90% and weekly performance is -7.04%. On last trading day company shares ended up $11.35. Analysts mean target price for the company is $6.80. Telecom Italia SpA (ADR) (NYSE:TI) distance from 50-day simple moving average (SMA50) is -4.78%.
Orange (NYSE:ORAN) announced its plans to either reduce its stake or sell its Kenyan and Ugandan operations, the French telecom incumbent has agreed to sell its Ugandan subsidiary to Lebanon-based Africell Holdings. However, the value of the deal, which is subject to regulatory approvals, remains unknown. Orange SA (ADR) (NYSE:ORAN) shares fell -2.81% in last trading session and ended the day on $16.60. ORAN gross Margin is 56.10% and its return on assets is 4.20%.Orange SA (ADR) (NYSE:ORAN) quarterly performance is 29.59%.
Portugal Telecom, SGPS S.A. (NYSE:PT) hereby informs that it has acquired 20,640,000 ordinary shares representing 2.30% of PT’s share capital and corresponding voting rights. Portugal Telecom, SGPS (ADR) (NYSE:PT) shares moved down -1.08% in last trading session and was closed at $3.66, while trading in range of $3.62 – $3.69. Portugal Telecom, SGPS (ADR) (NYSE:PT) year to date (YTD) performance is -15.28%.
Hellenic Telecom Organization S.A. (ADR) (OTCMKTS:HLTOY) ended the last trading day at $6.88. Hellenic Telecom Organization S.A. (ADR)(OTCMKTS:HLTOY) First-quarter net profit: EUR167.5 million (2012: profit EUR308.1 million). First-quarter revenue: EUR1.04 billion (2012: EUR1.18 billion)
Shares of Koninklijke KPN (OTCMKTS:KKPNY) have earned an average recommendation of “Buy” from the twelve analysts that are currently covering the stock, Analyst RN reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and eight have assigned a buy recommendation to the company. On last trading day company shares ended up $3.64.