Orange Stock (NYSE:ORAN), Trade Ideas

Orange

Orange is the incumbent telecom operator in France. The company operates fixed and wireless businesses in France, where it is the market leader ahead of Iliad, Bouygues, and SFR. Orange also has fixed and wireless (convergent) operations in Spain, Poland, Belgium, Luxembourg, and Central Europe (Romania, Slovakia, Moldova). Around 15% of revenue comes from emerging African markets, where the company only operates wireless networks, and 20% comes from the enterprise segment, which serves companies with more than 50 employees in France and internationally.

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Three dividend stocks have been singled out by fund managers as potential sources of attractive yields and growth, thereby offering a reliable stream of passive income.

Fund Managers Share Top Dividend Stock Picks For Passive Income Stream — Here&#39;s What They Suggest

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Shares of Orange SA (NYSE: ORAN) were rising in early trading on Wednesday.

Orange Has Juice: A Pending Masmovil Deal Is &#39;Most Anticipated Event This Year,&#39; Analyst Says

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JP Morgan analyst Akhil Dattani reinstates Orange (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORAN#NYSE">ORAN</a>) with a Overweight.

Initiation

JP Morgan Reinstates Overweight on Orange

<a href="https://www.reuters.com/technology/deutsche-telekom-airbus-slam-plan-allowing-big-tech-access-eu-cloud-data-2024-04-10/">https://www.reuters.com/technology/deutsche-telekom-airbus-slam-plan-allowing-big-tech-access-eu-cloud-data-2024-04-10/</a>
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'Deutsche Telekom, Airbus Slam Plan Allowing Big Tech Access To EU Cloud Data' - Reuters

Two noted fund managers have singled out three dividend stocks as potential sources of attractive yields and growth, offering a reliable stream of passive income.
What Happened: Portfolio managers Matt Burdett of Thornburg Investment and Brian Leonard from Keeley Teton shared their insights on potential dividend stocks in a recent <a href="https://www.cnbc.com/2024/04/10/here-are-3-dividend-stocks-that-could-offer-passive-income-fund-managers-say.html">interview</a> with CNBC.
Burdett spotlighted Broadcom Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), a semiconductor and software company, despite its current dividend yield of 1.6%. He highlighted the company&#8217;s significant dividend growth over the past five years and its potential to benefit from the artificial intelligence trend due to its software diversification.
See Also: <a href="https://www.benzinga.com/news/24/04/38133087/what-in-the-world-is-going-on-with-dogecoin?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">What In The World Is Going On With Dogecoin?</a>
Another stock Burdett finds appealing is Orange (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORAN#NYSE">ORAN</a>), a French telecommunications company with a current dividend yield of 6.8%. He underscored the company&#8217;s increased operating free cash flow and potential for share buybacks following a recent merger despite a modest dividend growth of 2.9%.
Leonard, conversely, spotlighted WK Kellogg Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KLG#NYSE">KLG</a>), a spin-off from Kellogg Company, now known as Kellanova. Given its 3.1% dividend yield and lower valuation than its main competitor, he sees potential for WK Kellogg to improve its operating margins and benefit from earnings growth.
Why It Matters: These insights come when the stock market shows signs of potential correction despite ongoing rallies. According to a report from late February, the market showed signs of a <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37383624/analyst-warns-of-potential-10-stock-correction-based-on-technical-signals-market-is">potential 10% correction.</a> However, another report in March suggested that the <a href="https://www.benzinga.com/markets/equities/24/03/37926504/stock-market-could-rally-another-34-by-2026-says-bank-of-america">long-term bull rally</a> could continue, with the S&amp;P 500 potentially surging by 34% by the end of 2026.
Given these market conditions, the highlighted dividend stocks could offer investors a steady stream of passive income, even amidst potential market volatility.
Read Next: <a href="https://www.benzinga.com/news/24/04/38133891/donald-trump-says-it-would-be-a-great-honor-if-he-were-jailed-for-breaching-gag-order-i-will-gladly?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Donald Trump Says It Would Be A &#8216;Great Honor&#8217; If He Were Jailed For Breaching Gag Order: &#8216;I Will Gladly Become A Modern Day Nelson Mandela&#8217;</a>
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Fund Managers Share Top Dividend Stock Picks For Passive Income Stream — Here's What They Suggest

Looking into the current session, Orange Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORAN#NYSE">ORAN</a>) shares are trading at $11.71, after a 0.43% increase. Moreover, over the past month, the stock increased by 1.87%, but in the past year, fell by 1.80%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1711651506_0.png" alt="Past Year Chart" />

<h3>Orange P/E Compared to Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 55.59 in the Diversified Telecommunication Services industry, Orange Inc. has a lower P/E ratio of 12.66. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1711651506_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

A Look Into Orange Inc's Price Over Earnings

Earnings

General

Orange Q4 Sales €11.58B Up From €11.35B YoY, EBITDAaL Of €3.5B Compared To €3.45B Year Ago

Orange (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORAN#NYSE">ORAN</a>) reported quarterly earnings of &euro;0.85 per share. The company reported &euro;44.12 billion in sales this quarter. This is a 1.50 percent increase over sales of &euro;43.47 billion the same period last year.

Orange FY EPS €0.85 Up 16.4% YoY, Sales €44.12B Up From €43.47B YoY

Orange Business and Tēnaka, a social business that works to restore and protect marine ecosystems worldwide, have partnered to scale the coral reef restoration in a Marine Protected Area of the Coral Triangle in Malaysia.

Tēnaka Taps Orange Business to Scale Its Coral Reef Restoration Program

In the current market session, Orange Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORAN#NYSE">ORAN</a>) share price is at $11.68, after a 1.04% increase. Moreover, over the past month, the stock decreased by 1.19%, but in the past year, increased by 7.34%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. 

<img src="https://www.benzinga.com/files/images/story/2024/1704999609_0.png" alt="Past Year Chart" />

<h3>Evaluating Orange P/E in Comparison to Its Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Compared to the aggregate P/E ratio of the 54.64 in the Diversified Telecommunication Services industry, Orange Inc. has a lower P/E ratio of 17.34. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2024/1704999609_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

P/E Ratio Insights for Orange

Orange Business and VMware, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VMW#NYSE">VMW</a>) are strengthening their partnership to deliver Flexible SD-WAN with VMware as the first fully embedded SD-WAN offering in Evolution Platform. The Orange Business Evolution Platform combines a secured digital infrastructure with an agile, cloud approach to order and manage services.
This press release features multimedia. View the full release here: <a href="https://www.businesswire.com/news/home/20231108657292/en/">https://www.businesswire.com/news/home/20231108657292/en/</a>
&nbsp;
Cloud has become the benchmark for customer experience. Performance and trust are now non-negotiable, and innovation is the catalyst for customers' transformation roadmaps. Orange Business is transforming the way it provides the latest services from its ecosystem of partners, natively and digitally via Evolution Platform. The service platform enables enterprise customers to compose their own mix of services to meet their evolving business requirements, while benefiting from the performance of the Orange world-class infrastructure and global expertise.
Enterprises can access a catalog of products, including Flexible SD-WAN with VMware, via a self-service console or through an API, using Evolution Platform. Automation and service chaining in the platform simplify the management of the customer's entire digital infrastructure for secured user-to-cloud and cloud-to-cloud connectivity, as well as for voice services. It also enables end-to-end visibility and service guarantees.
Flexible SD-WAN with VMware addresses the needs of today's highly distributed, latency-sensitive workloads, applications, and devices at the edge. It provides advanced automation capabilities and an optimal user experience when accessing remote applications. This equals significantly improved employee productivity. Organizations can bring up sites faster, using 5G, LTE, Wi-Fi, or satellite for hard-to-service locations. Edge devices are auto-provisioned, lowering both IT costs and deployment times.
Orange Business customers consuming Flexible SD-WAN with VMware via Evolution Platform will benefit from a global network of Super Points of Presence (PoPs). These Super PoPs are located strategically on the Orange Tier 1 global backbone, close to the customer and cloud providers, significantly lowering latency for applications and services, as well as providing needed business agility.
"In today's digital-first business environment, the demand for a resilient, adaptable and secured network infrastructure has never been more critical. We welcome VMware on board Evolution Platform. Its SD-WAN offering will provide our customers with choice and interoperability, enabling them to build the ideal network for their business," said Jean-Noël Michel, vice president, Communication Services, Orange Business.
"We're excited to bring the flexibility and enhanced performance of VMware SD-WAN to the Evolution Platform by Orange Business," said Sanjay Uppal, senior vice president and general manager, Service Provider and Edge, VMware. "As a key element of our software-define edge portfolio, SD-WAN allows organizations to modernize their digital infrastructure and monetize their network overlays by reducing networking infrastructure, providing zero trust and zero-touch pull-based capabilities and network programmability. Together with Orange Business, we will provide a more secure, reliable and scalable connectivity to organizations of all sizes across all industries."

Orange Business And VMware Transform Flexible SD-WAN To Simplify Customer Experience With Digitalization And Automation

<a href="https://www.telcotitans.com/orangewatch/orange-confident-of-masmovil-merger-clearance-in-2023/7358.article">https://www.telcotitans.com/orangewatch/orange-confident-of-masmovil-merger-clearance-in-2023/7358.article</a>
<ul>
<li>Christel Heydemann hopes to complete merger deal in Q1 FY24.</li>
<li>Talks underway with "potential remedy takers" to smooth approval process.</li>
<li>CEO bats off questions over SFR sale as consolidation rumours resurface in France.</li>
</ul>
Orange Chief Executive Christel Heydemann appeared confident that the transaction to merge the Group's Spanish operations with those of MÁSMÓVIL can be completed in the first quarter of 2024, although she hinted that negotiations with European Union antitrust officials remain tense.
During Orange's earnings call for the third quarter of 2023 (Q3 FY23), Heydemann said the fact that the EU regulatory process is taking a long time is "not a negative sign, on the contrary. That's because we are very firm on the value we want this deal to create".
She indicated that Orange is taking a strict line in talks in order to achieve its goals, including expected synergies of €450m in the first full year after the formation of the joint venture. "We know exactly what the red lines are", she said.
However, she acknowledged that the process is taking longer than initially hoped:"It's a negotiation. So you need parties to agree in an environment where obviously there's pressure on both sides".
She added that Orange is still hoping to achieve regulatory clearance for the merger before the end of the year, enabling it to close the deal in the first three months of 2024.
<h4>Seeking the best remedies</h4>
Orange originally signed <a href="https://www.telcotitans.com/telefonicawatch/masmovil-and-orange-sign-merger-deal/5154.article">a merger agreement</a> with rival operator MÁSMÓVIL in July 2022, with the aim of creating a 50:50 joint venture in Spain. The European Commission launched an "in-depth" and "wide-ranging" investigation into the proposed transaction, and in June this year <a href="https://www.telcotitans.com/orangewatch/ec-raises-red-flags-against-orange-masmovil-merger/6791.article">sent a statement of objections</a> to both Spanish operators. On 28 July, the Commission said it had stopped the clock on its review of the merger as it seeks additional information from the two parties.
Heydemann said the fact that Orange obtained a "stop the clock" means that the Commission "knows we are discussing in good faith to find remedies to the concerns that they expressed in the statement of objections". She stressed that these concerns did not impact the wholesale market, "and are focused only on retail services".
Heydemann also referenced the involvement of "potential remedy takers" in the negotiations, although she was unable to provide any detailed information as the discussions are confidential. "Obviously, we still need to come to an agreement on remedies" with the Commission, she added.
Digi Communications' Chief Executive Serghei Bulgac <a href="https://www.telcotitans.com/orangewatch/digi-signals-interest-in-orange-masmovil-merger-remedies/7059.article">has already indicated</a> it would be interested in buying assets that Orange and MÁSMÓVIL may be forced to offload as remedies required to achieve EU merger approval.
The operator has reportedly promised to invest €2bn in Spain if it is allowed access to the assets. Other operators to have expressed interest in acquiring the merger remedies are said to include Spanish altnets Avatel Telecom and Finetwork. Like Digi Spain, they both provide mobile services via wholesale agreements and are also building fibre networks.
<h4>French consolidation back in the spotlight</h4>
During Orange Q3 earnings call Heydemann was also questioned about a potential consolidation of the telecoms market in France. While this has been a recurring theme over recent years, the topic has been back in the news because of reports that embattled French billionaire Patrick Drahi is mulling a sale of his stake in Orange domestic rival SFR (Altice France). This possible move is reported as being part of ongoing efforts to reduce debt at Altice.
According to local press reports, Drahi has made approaches through a banker to sound out Bouygues Telecom and Iliad-owned Free about a possible deal. Bloomberg reported that neither competitor has shown any interest in the proposal.
Heydemann, who had clearly been expecting a question on the subject, said Orange was not able to comment on the reports or on SFR in general. She also reiterated that Orange would not participate in any market consolidation in France because of its leading position there.
However, she did remark that it is "never good news when one of your competitors is going through some turbulence".

Legal

'Orange Confident Of MÁSMÓVIL Merger Clearance In 2023; Orange, MÁSMÓVILl Have Picked Romania's Digi To Acquire Assets They Plan To Divest To Address EU Antitrust Concerns,'

Guidance

Orange Reiterated FY23 Targets of Slight Growth in EBITDAaL, Significant Reduction in eCAPEX, Organic Cash Flow of at least EUR3.5B From Telecom Activities

Dividends

Orange Will Propose a Dividend Of EUR0.72/ Share For 2023 During the Annual Shareholders' Meeting In 2024

Orange Confirmed An Interim Dividend Cash Payment For 2023 Of EUR0.30/ Share

Orange Reported Q3 Sales EUR10.999B Vs. Est EUR10.999B

Barclays analyst Maurice Patrick maintains Orange (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORAN#NYSE">ORAN</a>) with a Overweight and lowers the price target from $13 to $12.5.

Barclays Maintains Overweight on Orange, Lowers Price Target to $12.5

&nbsp;<a href="https://www.globenewswire.com/Tracker?data=T9im94d3ADLhwL2grOV5zuaM97CPBI2reV-aOrl8OEDy4t64i2qwO4UbUmhBDZc3" target="_blank">DZS</a>&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DZSI#NASDAQ">DZSI</a>), a global leader of access, optical and AI-driven cloud software solutions, today announced that it has successfully completed the first phases of a live pilot solution deployment of DZS&#39; flagship&nbsp;<a href="https://www.globenewswire.com/Tracker?data=oMRRvUg5DAfGIhgmmtv4QPKQlPGTvkqB3hhRFF3f1yn24-mPJnVdsSORJBDjeHbKn8RpbPuMpgGblBV5tpSK9KAg3cw7ykDFrP6FFN8SupINaVSnDdFwJkPsJqk5rPN_" target="_blank">Velocity</a>&nbsp;fiber access portfolio within the operator&#39;s production network in Poland. 
&nbsp;
Orange is the largest Fiber To The Home (FTTH) service provider in Europe with over 13 million residential, business and campus subscribers. As part of its multi-vendor strategy, Orange continually seeks best in-class partners to meet and exceed the evolving needs of its growing residential, business and mobile customer base.

DZSI

DZS and Orange Partner to Bring Advanced New Fiber Technologies and Services to Homes and Businesses

<h3>Upgrades</h3>
For Matson Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MATX#NYSE">MATX</a>), Wolfe Research upgraded the previous rating of Peer Perform to Outperform. Matson earned $2.26 in the second quarter, compared to $9.49 in the year-ago quarter. The stock has a 52-week-high of $97.49 and a 52-week-low of $56.51. At the end of the last trading period, Matson closed at $87.07. 
Wolfe Research upgraded the previous rating for Hub Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUBG#NASDAQ">HUBG</a>) from Peer Perform to Outperform. In the second quarter, Hub Group showed an EPS of $1.44, compared to $3.03 from the year-ago quarter. The stock has a 52-week-high of $104.67 and a 52-week-low of $67.95. At the end of the last trading period, Hub Group closed at $77.31. 
Wells Fargo upgraded the previous rating for Life Time Group Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LTH#NYSE">LTH</a>) from Underweight to Equal-Weight. For the second quarter, Life Time Group Hldgs had an EPS of $0.08, compared to year-ago quarter EPS of $0.04. The stock has a 52-week-high of $22.41 and a 52-week-low of $8.75. At the end of the last trading period, Life Time Group Hldgs closed at $14.90. 
Barclays upgraded the previous rating for Olaplex Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OLPX#NASDAQ">OLPX</a>) from Underweight to Equal-Weight. In the second quarter, Olaplex Hldgs showed an EPS of $0.03, compared to $0.14 from the year-ago quarter. The current stock performance of Olaplex Hldgs shows a 52-week-high of $10.58 and a 52-week-low of $1.83. Moreover, at the end of the last trading period, the closing price was at $1.87. 
According to B of A Securities, the prior rating for ODDITY Tech Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODD#NASDAQ">ODD</a>) was changed from Neutral to Buy. For the second quarter, ODDITY Tech had an EPS of $0.56, compared to year-ago quarter EPS of $0.33. At the moment, the stock has a 52-week-high of $56.00 and a 52-week-low of $25.81. ODDITY Tech closed at $29.57 at the end of the last trading period. 
According to CFRA, the prior rating for General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) was changed from Strong Sell to Sell. General Motors earned $1.91 in the second quarter, compared to $1.14 in the year-ago quarter. The current stock performance of General Motors shows a 52-week-high of $43.63 and a 52-week-low of $31.11. Moreover, at the end of the last trading period, the closing price was at $31.38. 
According to UBS, the prior rating for America Movil SAB de CV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMX#NYSE">AMX</a>) was changed from Neutral to Buy. In the second quarter, America Movil showed an EPS of $0.46, compared to $0.21 from the year-ago quarter. The stock has a 52-week-high of $23.07 and a 52-week-low of $16.14. At the end of the last trading period, America Movil closed at $16.43. 
According to UBS, the prior rating for Fluor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLR#NYSE">FLR</a>) was changed from Neutral to Buy. Fluor earned $0.76 in the second quarter, compared to $0.15 in the year-ago quarter. The current stock performance of Fluor shows a 52-week-high of $38.87 and a 52-week-low of $25.69. Moreover, at the end of the last trading period, the closing price was at $34.62. 
According to Wolfe Research, the prior rating for KeyCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>) was changed from Underperform to Peer Perform. For the second quarter, KeyCorp had an EPS of $0.27, compared to year-ago quarter EPS of $0.54. At the moment, the stock has a 52-week-high of $20.30 and a 52-week-low of $8.54. KeyCorp closed at $10.07 at the end of the last trading period. 
B of A Securities upgraded the previous rating for Orange SA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORAN#NYSE">ORAN</a>) from Underperform to Buy. The current stock performance of Orange shows a 52-week-high of $13.08 and a 52-week-low of $8.81. Moreover, at the end of the last trading period, the closing price was at $11.31. 
According to Goldman Sachs, the prior rating for RELX PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RELX#NYSE">RELX</a>) was changed from Neutral to Buy. NoneAt the moment, the stock has a 52-week-high of $35.14 and a 52-week-low of $23.77. RELX closed at $33.31 at the end of the last trading period. 
For LyondellBasell Industries NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LYB#NYSE">LYB</a>), Citigroup upgraded the previous rating of Neutral to Buy. In the second quarter, LyondellBasell Industries showed an EPS of $2.44, compared to $5.19 from the year-ago quarter. The current stock performance of LyondellBasell Industries shows a 52-week-high of $102.05 and a 52-week-low of $75.25. Moreover, at the end of the last trading period, the closing price was at $93.79. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings upgrades.</a>
<h3>Downgrades</h3>
Truist Securities downgraded the previous rating for POINT Biopharma Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNT#NASDAQ">PNT</a>) from Buy to Hold. For the second quarter, POINT Biopharma Global had an EPS of $0.24, compared to year-ago quarter EPS of $0.27. At the moment, the stock has a 52-week-high of $12.41 and a 52-week-low of $5.59. POINT Biopharma Global closed at $12.36 at the end of the last trading period. 
According to Truist Securities, the prior rating for Sunnova Energy International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOVA#NYSE">NOVA</a>) was changed from Buy to Hold. For the second quarter, Sunnova Energy Intl had an EPS of $0.74, compared to year-ago quarter EPS of $0.32. The current stock performance of Sunnova Energy Intl shows a 52-week-high of $24.81 and a 52-week-low of $9.25. Moreover, at the end of the last trading period, the closing price was at $9.41. 
According to Truist Securities, the prior rating for Sunrun Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) was changed from Buy to Hold. In the second quarter, Sunrun showed an EPS of $0.25, compared to $0.06 from the year-ago quarter. The current stock performance of Sunrun shows a 52-week-high of $33.33 and a 52-week-low of $10.32. Moreover, at the end of the last trading period, the closing price was at $10.66. 
According to Wolfe Research, the prior rating for Ryder System Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/R#NYSE">R</a>) was changed from Outperform to Peer Perform. Ryder System earned $3.61 in the second quarter, compared to $4.43 in the year-ago quarter. The current stock performance of Ryder System shows a 52-week-high of $107.90 and a 52-week-low of $72.73. Moreover, at the end of the last trading period, the closing price was at $104.51. 
For POINT Biopharma Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNT#NASDAQ">PNT</a>), JonesTrading downgraded the previous rating of Buy to Hold. For the second quarter, POINT Biopharma Global had an EPS of $0.24, compared to year-ago quarter EPS of $0.27. The stock has a 52-week-high of $12.41 and a 52-week-low of $5.59. At the end of the last trading period, POINT Biopharma Global closed at $12.36. 
For Newmark Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NMRK#NASDAQ">NMRK</a>), Raymond James downgraded the previous rating of Outperform to Market Perform. In the second quarter, Newmark Group showed an EPS of $0.18, compared to $0.46 from the year-ago quarter. The current stock performance of Newmark Group shows a 52-week-high of $9.48 and a 52-week-low of $5.07. Moreover, at the end of the last trading period, the closing price was at $5.86. 
For Trinseo PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSE#NYSE">TSE</a>), Jefferies downgraded the previous rating of Buy to Hold. Trinseo earned $1.92 in the second quarter, compared to $1.79 in the year-ago quarter. The stock has a 52-week-high of $30.54 and a 52-week-low of $7.43. At the end of the last trading period, Trinseo closed at $8.29. 
According to Exane BNP Paribas, the prior rating for ON Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) was changed from Outperform to Neutral. ON Semiconductor earned $1.33 in the second quarter, compared to $1.34 in the year-ago quarter. The stock has a 52-week-high of $111.35 and a 52-week-low of $54.93. At the end of the last trading period, ON Semiconductor closed at $89.76. 
For PPL Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PPL#NYSE">PPL</a>), UBS downgraded the previous rating of Buy to Neutral. In the second quarter, PPL showed an EPS of $0.29, compared to $0.30 from the year-ago quarter. The current stock performance of PPL shows a 52-week-high of $31.74 and a 52-week-low of $22.20. Moreover, at the end of the last trading period, the closing price was at $22.98. 
Wells Fargo downgraded the previous rating for First Interstate BancSystem Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIBK#NASDAQ">FIBK</a>) from Overweight to Equal-Weight. For the second quarter, First Interstate BancSys had an EPS of $0.65, compared to year-ago quarter EPS of $0.59. The current stock performance of First Interstate BancSys shows a 52-week-high of $46.34 and a 52-week-low of $21.03. Moreover, at the end of the last trading period, the closing price was at $23.91. 
According to Wells Fargo, the prior rating for First Horizon Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>) was changed from Overweight to Equal-Weight. In the second quarter, First Horizon showed an EPS of $0.39, compared to $0.34 from the year-ago quarter. The stock has a 52-week-high of $24.90 and a 52-week-low of $8.99. At the end of the last trading period, First Horizon closed at $10.37. 
According to Wells Fargo, the prior rating for Banc of California Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BANC#NYSE">BANC</a>) was changed from Overweight to Equal-Weight. Banc of California earned $0.32 in the second quarter, compared to $0.45 in the year-ago quarter. The stock has a 52-week-high of $18.26 and a 52-week-low of $9.72. At the end of the last trading period, Banc of California closed at $11.67. 
According to Wells Fargo, the prior rating for Associated Banc-Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASB#NYSE">ASB</a>) was changed from Overweight to Equal-Weight. Associated Banc earned $0.56 in the second quarter, compared to $0.56 in the year-ago quarter. At the moment, the stock has a 52-week-high of $25.48 and a 52-week-low of $14.47. Associated Banc closed at $16.46 at the end of the last trading period. 
Keybanc downgraded the previous rating for Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) from Overweight to Sector Weight. In the third quarter, Apple showed an EPS of $1.26, compared to $1.20 from the year-ago quarter. The current stock performance of Apple shows a 52-week-high of $198.23 and a 52-week-low of $124.17. Moreover, at the end of the last trading period, the closing price was at $172.40. 
For B&amp;G Foods Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BGS#NYSE">BGS</a>), Piper Sandler downgraded the previous rating of Neutral to Underweight. In the second quarter, B&amp;G Foods showed an EPS of $0.15, compared to $0.07 from the year-ago quarter. The current stock performance of B&amp;G Foods shows a 52-week-high of $16.87 and a 52-week-low of $9.41. Moreover, at the end of the last trading period, the closing price was at $9.48. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings downgrades.</a>
<h3>Initiations</h3>
With a Buy rating, UBS initiated coverage on Fiverr International Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FVRR#NYSE">FVRR</a>). The price target seems to have been set at $33.00 for Fiverr Intl. For the second quarter, Fiverr Intl had an EPS of $0.49, compared to year-ago quarter EPS of $0.12. The stock has a 52-week-high of $47.66 and a 52-week-low of $23.05. At the end of the last trading period, Fiverr Intl closed at $24.16. 
UBS initiated coverage on Upwork Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>) with a Neutral rating. The price target for Upwork is set to $13.00. In the second quarter, Upwork showed an EPS of $0.10, compared to $0.04 from the year-ago quarter. The stock has a 52-week-high of $15.88 and a 52-week-low of $6.56. At the end of the last trading period, Upwork closed at $10.91. 
UBS initiated coverage on ZipRecruiter Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIP#NYSE">ZIP</a>) with a Neutral rating. The price target for ZipRecruiter is set to $13.00. ZipRecruiter earned $0.14 in the second quarter, compared to $0.11 in the year-ago quarter. The stock has a 52-week-high of $24.05 and a 52-week-low of $11.40. At the end of the last trading period, ZipRecruiter closed at $11.82. 
Stifel initiated coverage on DT Midstream Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTM#NYSE">DTM</a>) with a Buy rating. The price target for DT Midstream is set to $60.00. DT Midstream earned $0.93 in the second quarter, compared to $0.80 in the year-ago quarter. The current stock performance of DT Midstream shows a 52-week-high of $61.02 and a 52-week-low of $45.10. Moreover, at the end of the last trading period, the closing price was at $51.47. 
<a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">See all analyst ratings initiations.</a>

Downgrades

AAPL

BANC

FIBK

FVRR

HUBG

MATX

NMRK

NOVA

OLPX

RELX

UPWK

Benzinga's Top Ratings Upgrades, Downgrades For October 4, 2023

B of A Securities analyst Titus Krahn upgrades Orange (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORAN#NYSE">ORAN</a>) from Underperform to Buy.

B of A Securities Upgrades Orange to Buy

<ul>
<li>Anheuser-Busch InBev (AB InBev) evolves digital infrastructure platform</li>
</ul>
<ul>
<li>Enhances employee experience and collaboration</li>
</ul>
Anheuser-Busch InBev (AB InBev), the world&#39;s leading brewing company, has renewed its trust in Orange Business, laying the critical infrastructure foundation to enable its future digital innovation plans in Europe. Putting employee experience at the heart of its strategy, AB InBev has chosen Orange Business to deliver connectivity and voice services as the backbone for enhanced productivity.
This press release features multimedia. View the full release here:&nbsp;<a href="https://www.businesswire.com/news/home/20230321005193/en/">https://www.businesswire.com/news/home/20230321005193/en/</a>
Orange Business supports AB InBev across its European operations, providing critical connectivity between 70 locations and its headquarters in Belgium (Graphic: Orange Business)
AB InBev is the proud maker of more than 500 iconic brands, including Stella Artois, Corona and Budweiser. The company also has industry-leading digital platforms, dedicated research labs and technology centers to ensure it is offering the latest market insights as it looks to become the industry&#39;s best-in-class smart brewery.
Orange Business supports AB InBev across its European operations, providing critical connectivity between 70 locations and its headquarters in Belgium. Faster connectivity performance and higher bandwidth enables AB InBev to invest in future digital tools with a robust network. In addition, Orange Business is transforming the legacy voice services to SIP-based solutions, allowing employees to communicate and operate through a Microsoft Teams environment to enhance their experience and ensure improved collaboration.
&quot;As we look to expand our digital footprint and innovate, it was essential to work with a supplier that could support us in our vision for the future. We are looking to create the industry&#39;s best-in-class smart breweries, digitizing our ecosystem, and engaging with our employees in the best-connected experience by innovating through a new digitalized and automated approach. To achieve this, we need to lay the groundwork now. We trust Orange Business, and we look forward to continuing this journey together,&quot; said Pieter Bruyland, Vice President Solutions Europe at AB InBev. &quot;We pride ourselves on leading the industry, reimagining what a beer company can be. With Orange we know we will have the infrastructure and optimized support in place to embark on new digital innovations supporting our customers and employees as we look to lead the way.&quot;
&quot;Having the right foundations in place is a critical first step to support digital transformation,&quot; said Nemo Verbist, Senior Vice President, Europe at Orange Business. &quot;AB InBev has many developments in the works, namely around cybersecurity and software-defined networks, and we are looking forward to working with them to grow and evolve their platforms and ecosystem with us. Building a brewery of the future is an exciting milestone, and we are poised to support them on this journey.&quot;

Leading Brewery AB InBev Optimizes Infrastructure In Europe With Orange Business To Further Its Digital Business Goals

<ul>
<li>Orchestration, service integration and next-gen connectivity enhance end-to-end customer journey</li>
</ul>
Orange Business today announced that it has been selected by Lucid Motors, the American electric vehicle (EV) manufacturer, to be the preferred European partner for its next-generation in-vehicle connectivity and digital expertise. Guided by its focus on innovation, Lucid plans to sell its all-electric Lucid vehicles direct to consumers as it expands its operations in Europe, offering infotainment and telematics connectivity from Orange Business.
This press release features multimedia. View the full release here:&nbsp;<a href="https://www.businesswire.com/news/home/20230307005625/en/">https://www.businesswire.com/news/home/20230307005625/en/</a>
Orange has helped Lucid orchestrate the customer journey in Europe, simplifying and navigating complex regulatory requirements. (Photo: Orange Business)
In addition to Orange Business providing seamless pan-European IoT and Internet connectivity for Lucid&#39;s software-defined vehicles, Orange has helped Lucid orchestrate the customer journey in Europe, simplifying and navigating complex regulatory requirements. Furthermore, Orange is now directly integrated into Lucid&#39;s manufacturing supply chain and helped them adapt connectivity test procedures for vehicles delivered into Europe. In terms of end-user benefits, services by Orange enable infotainment and Internet-enabled content, including navigation, security and communication tools, diagnostics, and streaming audio. Additionally, over-the-air updates are pushed to vehicles to ensure the most up-to-date software to deliver a premium Lucid customer experience.
&quot;Lucid is not only building sleek and luxurious EVs for sustainable mobility, but they are keenly focused on delivering a premium user experience. Providing a personalized customer experience that creates value is exactly how Orange Business wants to support its customers. We are proud to have the application development, data analytics, network and integration experience, and assets to help American automotive companies like Lucid expand operations in Europe,&quot; said Scott Williams, Senior Vice President of the Americas, Orange Business.
Orange is a licensed and experienced Electronic Communication Services (ECS) provider for both IoT and Internet Access services. This provides significant support for OEMs looking to navigate the complexity of the European regulatory environment with both EU requirements and individual country provisions. When it comes to expertise in the IoT market, Orange Business is once again positioned as a Leader in the 2023 Gartner&reg; Magic Quadrant&trade; for Managed IoT Connectivity Services, Worldwide &ndash; the sixth consecutive time that the company&#39;s Completeness of Vision and Ability to Execute have been recognized.

Contracts

LCID

Orange Business Selected By Lucid To Deliver The Experience-Driven Connected Car Across Europe

Vodafone: Improving Operating Trends Support 10.8% Dividend Yield

Orange: Growth Rate Questionable

46 Ideal 2024 Fortune And Barron's DiviDogs

EU regulator likely to greenlight Orange, MasMovil's Spanish merger - report

Warning: ORAN is at high risk of cutting its dividend

Orange S.A. reports FY results

Orange: A Thesis Update With Key Indicators

Orange S.A.: European Consolidation Is Positive, Learning From The U.S.

The telecom industry is poised for significant expansion, driven by rising demand for high-speed connectivity, ongoing innovations, and the rapid growth of 5G networks. Therefore, for portfolio diversification, investors could consider buying fundamentally strong telecom stocks Orange (ORAN), América Móvil (AMX), and KT Corporation (KT). Read more... The telecom sector's prospects look promising due to expanding 5G networks, higher spending on 5G infrastructure, the growth of the digital economy, and the growing usage of smartphones. Telecom companies focus heavily on security, cloud technology, AI, and better collaboration tools to meet diverse connectivity needs, contributing to their positive outlook.
Considering these factors, it could be wise to buy fundamentally strong telecom stocks Orange S.A. (<a href="https://stocknews.com/stock/ORAN/">ORAN</a>), América Móvil, S.A.B. de C.V. (<a href="https://stocknews.com/stock/AMX/">AMX</a>), and KT Corporation (<a href="https://stocknews.com/stock/KT/">KT</a>).
The telecom industry is vital as it provides on-demand connectivity services, supporting seamless communication and digital transformation. Advancements in security, cloud technology, AI, and the rise of remote work and virtual collaboration contribute to the sector's growth. The global telecommunication market is projected to grow at a <a href="https://www.skyquestt.com/report/telecommunication-markethttps:/www.skyquestt.com/report/telecommunication-market">CAGR of 6.2%</a>, reaching $3.10 trillion by 2030.
Advancements in 5G technology have enhanced network speed, capacity, and reliability, meeting the growing needs of businesses and individuals and thereby boosting the sector's growth. Companies are also exploring <a href="https://www.cnbc.com/2024/03/04/telcos-are-barely-done-rolling-out-5g-networks-and-theyre-already-talking-about-5point5g.html">"5.5G," a faster version of 5G</a>, a new generation of mobile internet.
Furthermore, AI is revolutionizing the telecom sector by streamlining network management, automating customer service, improving predictive maintenance, and boosting cost savings and cybersecurity. The use of AI in the global telecommunication market is expected to reach <a href="https://www.kbvresearch.com/ai-in-telecommunication-market/">$21.20 billion by 2030</a>, growing at a 40.4% CAGR.
Considering these conducive trends, let's analyze the fundamentals of the three stocks from the <a href="https://stocknews.com/category/telecom-foreign/">Telecom – Foreign</a> industry, beginning with the third choice.
Stock #3: Orange S.A. (<a href="https://stocknews.com/stock/ORAN/">ORAN</a>)
Headquartered in Issy-les-Moulineaux, France, ORAN provides various fixed telephony and mobile telecommunications, data transmission, and other value-added services to customers, businesses, and other telecommunications operators internationally.
On March 26, 2024, ORAN and MASMOVIL completed a transaction to create a joint venture, forming Spain's leading operator in terms of customers. The 50:50 partnership will bring significant benefits to consumers and businesses in Spain, with anticipated synergies of over €490 million ($531.64 million) per year starting four years after closing.
Christel Heydemann, CEO at ORAN, comments that the joint venture is a significant step in ORAN's long-term European strategy, boosting innovation, investment, and sustainability for a more robust European telecom industry.
On March 19, 2024, ORAN announced at the Orange Business Summit the launch of two new trusted generative AI (GenAI) offers, covering infrastructure and applications, making it the first to support the complete lifecycle of trusted GenAI projects.
These solutions, developed in partnership with LightOn and HPE, aim to facilitate businesses' digital transformation and provide tailored AI services for various use cases while ensuring data security and cost efficiency.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/r/returnonequity.asp">Return on Common Equity</a>, ORAN's 7.12% is 140.2% higher than the 2.96% industry average. Its 2.22% trailing-12-month Return on Total Assets is 84% higher than the 1.20% industry average. Likewise, the stock's 4.43% trailing-12-month Return on Total Capital is 34.4% higher than the 3.30% industry average.
ORAN's revenue for the fiscal year that ended on December 31, 2023, increased 1.5% year-over-year to €44.12 billion ($47.66 billion). Its operating income stood at €4.97 billion ($5.37 billion), up 3.5% from the year-ago value.
Additionally, its net income attributable to owners of the parent company and EPS attributable to the parent company grew 13.7% and 16.4% over the prior-year quarter to €1.60 billion ($1.73 billion) and €0.85, respectively.
Analysts expect ORAN's fiscal 2025 revenue to increase 0.7% year-over-year to $47.03 billion. Its EPS for fiscal 2024 is expected to grow 16.1% year-over-year to $1.37. Over the past nine months, ORAN's stock has declined 1.8% to close the last trading session at $11.17.
ORAN's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Stability and a B for Value. Within the A-rated <a href="https://stocknews.com/category/telecom-foreign/">Telecom - Foreign</a> industry, it is ranked #16 out of 44 stocks. To see ORAN's Growth, Momentum, Sentiment, and Quality ratings, <a href="https://stocknews.com/stock/ORAN/">click here</a>.
Stock #2: América Móvil, S.A.B. de C.V. (<a href="https://stocknews.com/stock/AMX/">AMX</a>)
Based in Mexico City, Mexico, AMX provides telecommunications services internationally. The company offers wireless and fixed voice services, including airtime, local, domestic, and international long-distance services, as well as network interconnection services.
In terms of the trailing-12-month net income margin, AMX's 9.33% is 264.7% higher than the 2.56% industry average. Its 16.07% trailing-12-month Capex / Sales is 325.8% higher than the 3.77% industry average. Likewise, the stock's 4.87% trailing-12-month Return on Total Assets is 303.9% higher than the 1.20% industry average.
For the fiscal fourth quarter that ended December 31, 2023, AMX's total revenues came in at MXN200.71 billion ($12.23 billion). Its net income amounted to $18.06 billion ($1.10 billion). Its adjusted EBITDA came in at MXN76.66 billion ($4.67 million). In addition, Its EBIT stood at MXN41.81 billion ($2.54 billion).
For the quarter ended March 31, 2024, AMX's revenue is expected to increase 5% year-over-year to $12.12 billion. Its EPS for the quarter ending September 30, 2024, is expected to increase considerably year-over-year to $0.40. Over the past six months, the stock has gained 9.1% to close the last trading session at $18.50.
AMX's solid prospects are reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has an A grade for Stability and a B for Value and Quality. It is ranked #13 in the same industry. <a href="https://stocknews.com/stock/AMX/">Click here</a> to see AMX's Growth, Momentum, and Sentiment ratings.
Stock #1: KT Corporation (<a href="https://stocknews.com/stock/KT/">KT</a>)
Headquartered in Seongnam, South Korea, KT provides integrated telecommunications and platform services internationally. The company offers fixed-line telephone services, broadband Internet access services, other Internet-related services, and data communication services.
In terms of the trailing-12-month Capex / Sales, KT's 14% is 271% higher than the 3.77% industry average. Its 0.63x trailing-12-month asset turnover ratio is 31% higher than the 0.48x industry average. Likewise, the stock's 6.05% trailing-12-month Return on Common Equity is 104% higher than the 2.96% industry average.
KT's operating revenues for the fourth quarter that ended December 31, 2023, increased 1.8% year-over-year to KRW6.70 trillion ($4.94 billion). Its service revenue stood at KRW5.72 trillion ($4.21 billion), up 1.2% from the year-ago value.
For the same quarter, its operating income increased 75.4% year-over-year to KRW265.60 billion ($195.67 million). Also, its EBITDA came in at KRW1.28 trillion ($940 million), representing an increase of 18.4% from the prior-year quarter.
Street expects KT's fiscal 2024 EPS to increase 26.1% year-over-year to $1.90. Its fiscal 2025 revenue is expected to increase marginally year-over-year to $13.84 billion. Over the past nine months, the stock has gained 18.3% to close the last trading session at $13.18.
It's no surprise that KT has an overall rating of A, which translates to a Strong Buy in our proprietary POWR Ratings system.
It has an A grade for Value and Stability and a B for Sentiment. It is ranked #4 in the Telecom – Foreign industry. Beyond what we stated above, we also have given KT grades for Growth, Momentum, and Quality. Get all the KT ratings <a href="https://stocknews.com/stock/KT/">here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
AMX shares were unchanged in premarket trading Thursday. Year-to-date, AMX has declined -0.11%, versus a 8.07% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/amx-oran-kt-3-telecom-gems-for-portfolio-diversification/>3 Telecom Gems for Portfolio Diversification</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Telecom Gems for Portfolio Diversification

AMKAF

AMKBF

AMKBY

ARZGY

BAYRY

BMWYY

BNPQY

CRARY

ENGIY

GLNCY

HLAGF

HSBC

ISNPY

MBGAF

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STLA

VODPF

Press Releases

Orange Business, Orange Cyberdefense and Palo Alto Networks Join Forces to Deliver Cloud-Native Managed SASE to Enterprises

Stolt-Nielsen Deploys Fully Integrated Orange SASE Solution to Optimize Global Connectivity and Security for Hybrid Workforce

Orange CEO Interview - H1 2023 Results (video)

Orange Business and VMware Transform Flexible SD-WAN to Simplify Customer Experience With Digitalization and Automation

Orange Business Earns Frost & Sullivan's 2023 Company of the Year Award for Significantly Improving Customer Relationships with Best-of-Breed Contact Center Solutions

Tēnaka Partners with Orange Business to Scale Its Coral Reef Restoration Program

Commodities

Orange Business and Cisco sign first-of-its-kind MoU to accelerate GHG emissions reduction and support net zero goals

Orange Expands Partnership With Google Cloud to Use AI and GenAI Across Workstreams and Geographies With New Solutions, Closer to Operations

CSCO

PANW

ATN International

Chunghwa Telecom

Consolidated Communications Holdings, Inc. - Common Stock

Consolidated Comms Hldgs

Frontier Communications Parent, Inc. - Common Stock

Frontier Communications

IHS Holding

Ooma

Shenandoah Telecommunications Co - Common Stock

Shenandoah

AT&T

Telefonica

Telecom Argentina

Telkom Indonesia

Telefonica Brasil S.A. American Depositary Shares (Each representing One Common Share)