T-Mobile and Sprint’s deadline to extend their $26.5 billion proposed merger agreement passed on November 1. After 18 months, there’s still no end in sight.
The global telecom industry is undergoing a rapid transformation, especially with the advent of 5G technology. We look at the telecom space’s key trends.
There has barely been anything positive about AXEAX so far in 2016. The fund has a high portfolio turnover rate and has seen its top-invested sectors contribute negatively.
The Franklin Mutual European Fund’s assets were spread across 84 holdings as of June 2016, and it was managing assets worth $2.6 billion as of June’s end.
The Vanguard European Stock Index Fund – Investor Shares’ (VEURX) assets were spread across a staggering 1,249 stocks as of March 2016. It was managing assets worth $19.0 billion.
TEMIX had a terrible 2015. Things haven’t gotten better in the one-year period ended March 15, 2016. Its alpha for the period was the worst among its peers.
Telefónica’s fixed broadband accesses in Germany continued to fall in 4Q15. These connections fell by ~2.1% YoY to ~2.1 million at the end of the quarter.
In this part, we’ll look at some of the metrics for Telefonica and its peers as of December 3, 2015. We’ll see how their stocks have performed in the last 52 weeks.
Telefonica’s fixed services were responsible for the YoY organic decline in revenue in Germany in 3Q15. On the organic level, the YoY decline was 1.1%.
Vodafone’s European component continued to dampen overall revenue growth during fiscal 1H16. The European component’s revenue fell ~4.8% year-over-year.
The Franklin Mutual European Fund can invest up to 20% of its assets in instruments issued by companies located in the United States and several other regions.
