Investment insights: securities analysts offer their advice on where your money should go
Article Abstract:
Four telecommunications industry analysts discuss investment in telephone companies in light of the depressed stock market and the impact that new technologies, such as wireless networks and cellular communications, and increasing competition from privatized telephone companies will have on telephone stock. The general agreement is that investment in the Bell Regional Holding Companies is unattractive, while long-distance companies, such as AT and T and MCI Communications, are good choices for investment. Some international telephone company stock also provides attraction for investors. Independent telephone companies are drawing attention through the cellular telephone market. The analysts discuss AT and T in depth and examine its worldwide business strategy. Possibilities for ways in which the Baby Bells can improve their financial position are speculated upon, particularly in light of international communications.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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Europe's 2 giants of cellular phones to join forces
Article Abstract:
Finnish cellular telephone maker Oy Nokia AB agrees to acquire British cellular telephone manufacturer Technophone Ltd for $67.6 million. The acquisition of Technophone, a privately held company created in 1984, is the first by Nokia since 1987. Nokia's cellular telephone division suffered an operating loss in 1989, but industry analysts believe it successfully recovered in 1990. Analysts note that the acquisition of Technophone will boost Nokia's annual cellular telephone sales by 13 percent; it is estimated that Technophone produces around 200,000 cellular telephones in Great Britain and Hong Kong.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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