Improved Operational Efficiencies, Cost-Reduction Initiatives Drive Profitability and Organic Growth - Research Report on China Mobile, Telefonica Brasil, Rogers, NII Holdings, and Telus

Wed Jun 5, 2013 8:00am EDT

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Improved Operational Efficiencies, Cost-Reduction Initiatives Drive Profitability and Organic Growth - Research Report on China Mobile, Telefonica Brasil, Rogers, NII Holdings, and Telus

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PR Newswire

NEW YORK, June 5, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting China Mobile Limited (NYSE: CHL), Telefonica Brasil, S.A. (NYSE: VIV), Rogers Communications Inc. (NYSE: RCI), NII Holdings Inc. (NASDAQ: NIHD), and TELUS Corporation (NYSE: TU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

China Mobile Limited Research Report

On May 30, 2013, China Mobile Limited (China Mobile) announced its unaudited financial data for Q1 2013. The Company's operating revenue was up by 5.7% YoY to RMB134.7 billion. EBITDA for the quarter was up by 0.8% YoY to RMB61.2 billion. The Company's profit attributable to equity shareholders was up by 0.3% YoY to RMB27.9 billion. The Company attributed stable operating results to: 1) focus on improvement in quality and services, 2) strengthened innovation, and 3) good management. The Full Research Report on China Mobile Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/0173_CHL]

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Telefonica Brasil, S.A. Research Report

On May 8, 2013, Telefonica Brasil, S.A. (Telefonica) announced its Q1 2013 financial results, registering a 20.6% YoY growth in net profit, to €902 million. The Company's basic net profit per share increased 22.2% YoY to €0.20. Revenues in Q1 2013 totaled €14.1 billion, an 8.8% YoY decrease reflecting mainly the negative impact of exchange rate fluctuations (-5.5 percentage points) following the devaluation in Venezuela effective from January 1, 2013. The Company stated that it maintains a high level of profitability as a result of its transformation strategy, the improvements in efficiency, the benefits of scale and the sustained containment of costs. Thus, for the second consecutive quarter, and in organic terms, the OIBDA (operating income before depreciation and amortization) remained stable and the OIBDA margin grew (+0.5 percentage points), to 32.3%. The Full Research Report on Telefonica Brasil, S.A. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/67f7_VIV]

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Rogers Communications Inc. Research Report

On May 29, 2013, Rogers Communications Inc. (Rogers) and Videotron announced an agreement to bring LTE (Long Term Evolution) to additional customers in the province of Quebec and Ottawa region in Canada. The 20-year agreement includes the two companies to quickly build out and operate a shared LTE wireless, network. This announcement indicates Rogers' extensive and growing LTE footprint across Canada. "This agreement will benefit businesses and consumers and is part of Rogers focused, strategic game plan," said Nadir Mohamed, President and Chief Executive Officer, Rogers. Mohamed added, "This network and spectrum sharing agreement, combined with the expansion of our LTE footprint, will allow even more consumers to experience the superior connectivity and incredibly fast speeds that LTE delivers." Under this agreement, Videotron and Rogers will share the cost of deploying and operating a shared LTE network. The Full Research Report on Rogers Communications Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/2930_RCI]

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NII Holdings Inc. Research Report

On May 30, 2013, NII Holdings Inc. (NII Holdings) announced that it has been named as one of the best places to work among multinationals in Latin America by the Great Place to Work Institute for the second consecutive year. "We strive to be the best we can for our employees and our customers and are honored to be included as a top place to work in Latin America for the second consecutive year," said Steve Shindler, Chief Executive Officer of NII Holdings. Shindler added, "We greatly value this recognition from Great Place to Work as it displays the commitment and dedication of our employees to our company and reflects their pride in delivering innovative, differentiated and high quality products and services to our customers." The Full Research Report on NII Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/8e93_NIHD]

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TELUS Corporation Research Report

On May 28, 2013, TELUS Corp. (TELUS) announced the approval of its acquisition of Mobilicity by the Ontario Superior Court of Justice. The two companies jointly announced on May 16, 2013 that TELUS had agreed to acquire Mobilicity for $380 million, which was then subject to approval. However, on May 23, 2013 Mobilicity announced that its debtholders voted in favour of the transaction. "Following on last week's vote in favour of the proposal by Mobilicity's debtholders, today's court decision takes us another important step closer to completing this acquisition, which will allow TELUS to save the jobs of Mobilicity's 150 employees and continue service for their 250,000 customers without the disruption that company's current financial issues could cause," said David Fuller, TELUS's Chief Marketing Officer. The Full Research Report on TELUS Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/da3a_TU]

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SOURCE Wall Street Reports

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