Hints and tips:
...Altice USA, a roll-up of regional cable television providers, has seen its own equity value shrivel to just $1bn set against $25bn of debt....
...The deal’s price tag — a steep €3.5bn, as four people familiar with the matter told the FT this week — wasn’t initially disclosed....
...The company, which did not reply to a request for comment, already claims more than 400,000 users, and has launched nearly 3,000 satellites....
...The biography of Hong’s verified Twitter account was edited to “Ex BoCom Int’l” on Tuesday....
...kadhim@ft.com / sid.v@ft.com...
...FURTHER READING: Complaint, Orlando Police Pension Fund v....
...Contrary to the argument set out by Wolfgang Schäuble (Opinion, June 3), we believe the social fabric of Europe cannot endure a return to “fiscal as usual” — the failed austerity policies of the past that...
...Fellow fintech Stripe may seek fresh funding rather than an IPO, says Lex. 3....
...USA Today has looked at other options, including GoPro’s Hero8 action camera, which can now be converted into a webcam as well....
...’s Clover Health (FT) BaFin gave EU watchdog selective briefing on Wirecard short selling ban (FT) Alex Rodriguez files to raise $500 Million in Slam Corp....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...V, U, or L? The nature of Covid-19 growth impact means that some elements – e.g., production resumption, inventory restocking, and travel normalisation – would lend a natural rebound to growth....
...This reflects an overweight position in L&H Re, where exposure needs clarification, and uncertainty over the cancelled FY 2019 dividend....
...My own feeling is that this will not be a V or even a U-shaped recovery, but a downwardly trending W that has a high risk of turning into a L....
...“Prices will NOT go up for at least 3 years . . . and that includes 5G!!”...
...GK says it offers services including interior design, communication and “vision”....
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...Last October, two other US defence companies, L-3 Technologies and Harris Corp, agreed to merge to form a company with $16bn in revenue focused on defence electronics and military communications....
...It raised capital investment in its networks from $2.5bn in 2017 to $3.8bn last year....
...Its US telecom business Sprint is desperate to merge with larger rival T-Mobile USA as performance continues to weaken....
...To compare, SES currently boasts a debt to EBITDA figure of 3 times, according to its last annual report....
...For example, we expect cable operators Charter and Altice USA to launch MVNO-based wireless services over the next 2-4 quarters, and for Verizon to launch residential broadband services using 5G wireless...
...Mr Fry estimates that Inmarsat’s spectrum is worth £10 a share, half of that valuing being the US “L-band” holding....
...Altice USA adjusted earnings surged 18.9 per cent to $1.04bn, or €885m, as revenue rose 3.2 per cent to $2.33bn, or €1.97bn....
...Broadband investment “appears to have declined in 2015”, when neutrality rules were adopted, it said, before falling just 3 per cent the next year....
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