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Zacks News
Key Predictions for Q3 Earnings Reports of SBAC, CTL, LVLT
by Zacks Equity Research
Telecommunication stocks have reported mixed third-quarter financial numbers. High customer concentration and consolidated wireless industry are likely to hurt the companies' top line.
CenturyLink Seeks FCC Nod for Wireless Spectrum Bands Tests
by Zacks Equity Research
CenturyLink (CTL) seeks permission from the FCC to deploy fixed wireless spectrum bands to accelerate rural broadband expansion.
Level 3 Communications (LVLT) to Expand Cloud Footprint
by Zacks Equity Research
Level 3 Communications (LVLT) is making cloud-based Adaptive Network Security available across new regions by constructing gateways in more locations, to quickly respond to customers' security needs.
Verizon (VZ) to Shut Down Legacy Voice Services in 7 States
by Zacks Equity Research
Verizon (VZ) plans to shut down four-legacy interstate DS0 services in seven states, citing weak interest and the migration of customers toward other fiber-centric options.
Cincinnati Bell (CBB) Acquires OnX Enterprise Solutions
by Zacks Equity Research
The takeover of OnX Enterprise Solutions will help Cincinnati Bell Inc. (CBB) in becoming a hybrid IT solutions provider.
CenturyLink, Level 3 Communications Deal Gets DOJ Approval
by Zacks Equity Research
The merger between CenturyLink (CTL) and Level 3 Communications (LVLT) has been approved by the U.S. Department of Justice. The deal is expected to close by October end.
CenturyLink (CTL) Defers Level 3 Communications Acquisition
by Zacks Equity Research
The much-hyped merger between CenturyLink (CTL) and Level 3 Communications that will expectedly raise CenturyLink's network by 200,000 route miles of fiber is likely to be closed by the end of October.
Level 3 Communications (LVLT) Down 10.9% Since Earnings Report: Can It Rebound?
by Zacks Equity Research
Level 3 Communications (LVLT) reported earnings more than a month ago. What's next for the stock? We take a look at earnings estimates for some clues.
Major Telecom Carriers Opt for Legacy Services Shutdown
by Zacks Equity Research
Major telecom carriers like AT&T (T), Verizon (VZ) are opting for legacy services shutdown because of lack of demand. Customers are choosing modern technologies over older versions.
CenturyLink (CTL) Introduces Enhanced Private Cloud Service
by Zacks Equity Research
CenturyLink (CTL) has unveiled Dedicated Cloud Compute Foundation in an effort to establish itself as a global leader in cloud infrastructure and hosted IT solutions.
Verizon's Ethernet Growth Backed by XO Communications Buyout
by Zacks Equity Research
While the buyout of XO Communications has boosted Verizon's (VZ) metro and on-net fiber footprints, any future merger or acquisition can alter ratings on VSG's upcoming Ethernet Leaderboards.
Why Should You Hold Level 3 Communications (LVLT) Stock?
by Zacks Equity Research
Level 3 Communications, Inc. (LVLT) currently seems to benefit from the ongoing trend of large enterprise customers shifting to IP and fiber-based network architecture.
Cincinnati Bell (CBB) Q2 Earnings Lag Estimates, Sales Beat
by Zacks Equity Research
Cincinnati Bell Inc. (CBB) witnessed year-over-year growth in Fioptics internet and Fioptics video subscribers in the second quarter of 2017.
Telecom Stock Roundup: A Mixed Bag for Sprint, CenturyLink and Frontier Communications in Q2
by Zacks Equity Research
Last week too, was all about earnings in the telecom sector. Several sector participants declared second-quarter 2017 financial numbers, and the results were a mixed bag.
Level 3 Communications (LVLT) Q2 Earnings & Revenues Top
by Zacks Equity Research
Level 3 Communications' (LVLT) strong presence in enterprise networking positively impacts its second-quarter results.
CenturyLink (CTL) Q2 Earnings Lag, Revenues Top Estimates
by Zacks Equity Research
CenturyLink (CTL) remains on track to establish itself as a global leader in cloud infrastructure and hosted IT solutions arena, designed for enterprise customers.
Will Level 3 Communications' (LVLT) Q2 Earnings Disappoint?
by Zacks Equity Research
Customer concentration, foreign currency exchange rate risks and a highly competitive enterprise communications market may hamper Level 3 Communications, Inc.'s (LVLT) second-quarter 2017 earnings.
Equinix (EQIX) Invests $42M in SY4 IBX, Looks to Expand
by Zacks Equity Research
Equinix Inc. (EQIX), recently announced its plan to expand its International Business Exchange (IBX) data center, SY4, located in Sydney.
Equinix (EQIX) to Expand Further, Invest $41.8M in SG2 IBX (Revised)
by Zacks Equity Research
Equinix Inc. (EQIX), recently announced the eighth phase expansion of its International Business Exchange (IBX) data center in Singapore, named SG2.
US Wireline Services Industry Going All In on Consolidation
by Zacks Equity Research
The U.S. wireline telecom industry has been witnessing a surge in consolidation among major players due to an intensely competitive environment.
New Strong Sell Stocks for July 11th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
Equinix Expands in Asia-Pacific With 8th IBX in Singapore
by Zacks Equity Research
Equinix Inc. (EQIX), recently opened its eighth International Business Exchange (IBX) data center in Singapore, named SG2.
Why Should Investors Dump Level 3 Communications Stock?
by Zacks Equity Research
On Jul 5, 2017, Level 3 Communications, Inc. (LVLT) was downgraded to Zacks Rank #4 (Sell) from Zacks Rank #3 (Hold).
Wireless Carriers' Conflicting Views on Copper Retirement
by Zacks Equity Research
U.S. wireless carriers ??? CenturyLink Inc. (CTL), Windstream Holdings Inc. (WIN), Verizon Communications Inc. (VZ) ??? having conflicting opinions on the time period for copper retirement set by the FCC.
CenturyLink (CTL) Faces Major Setback: Is $12B Fine Lurking?
by Zacks Equity Research
CenturyLink (CTL) might reportedly be charged with a fine-cum-damage recovery cost of $12 billion class-action lawsuit from the entire group of customers affected by the alleged sales incentive scheme of CenturyLink.