Forget undervalued stocks, there is room for upside even in stocks with rising P/E.
The telecom industry experienced a strong run on the bourse last week as most of the key stocks traded in the green.
Grupo Televisa SA (TV) recently suffered a major setback as a Mexican tribunal questioned the country's telecom regulator's favorable judgement regarding Televisa's monopolistic prowess.
Last week has been pretty eventful for the telecom industry.
America Movil SAB (AMX) has decided to launch a Mexican language TV channel in the U.S. named Nuestra Vision.
Grupo Televisa S.A. (TV) is likely to gain significantly from its ownership stake in U.S. broadcaster Univision Communications Inc.
Grupo Televisa S.A. (TV) recently secured authorization from the FCC to own up to 40% of U.S. Spanish-language TV network Univision Inc.'s voting stock and up to 49% of its common shares.
Comcast Corp. (CMCSA) and Charter Communications Inc. (CHTR) recently decided to extend negotiations to find an agreeable solution regarding the existing carrier deal, which has ended on Dec 31, 2016.
According to a recent report by The Competitive Intelligence Unit, the Mexican telecommunications sector is set to end 2016 with overall revenues of MXN 445.3 billion, up 2.1% year-over-year.
Telmex, the fixed-line telephone subsidiary of the Mexican telecom giant America Movil SAB (AMX) has been granted extended validity for its concession by the Mexican telecom regulator.
America Movil SAB (AMX) has entered into an agreement with its closest rival Telefonica SA (TEF) to offer nationwide mobile roaming service to the latter.
JBT, Grupo Televisa, GoPro, Target and Walmart highlighted as Zacks Bull and Bear of the Day
Mexican telecom regulator -- Federal Telecommunications Institute (IFT) -- recently reaffirmed that the conversion of analog TV signals to digital signals across the nation, will be completed by the end of this year.
Grupo Televisa (TV) reported mixed financial results in the third quarter of 2016 where the bottom line lagged the Zacks Consensus Estimate, the top line improved on a year-over-year basis.