European stocks fell for a second day, extending a four-week low, as investors watched the start of the U.S. earnings-reporting season and efforts to end a government shutdown in the world�� largest economy.
Telecom Italia SpA (TIT) lost 1.8 percent as Standard & Poor�� said it may downgrade the phone company�� debt to non-investment grade. TGS Nopec Geophysical Co. (TGS) tumbled the most in two years after reducing its revenue forecast. Celesio AG jumped to a three-year high on a report that McKesson Corp. may buy the German drug distributor.
The Stoxx Europe 600 Index slipped 0.8 percent to 306.84 at the close in London. The equity benchmark dropped 0.2 percent yesterday, to its lowest level since Sept. 9, after U.S. House Speaker John Boehner said he will attach conditions before backing a bill to increase the federal borrowing limit.
��nvestors are nervous because of the political wrangling in the U.S., though we do believe that there will be a last-minute compromise and nobody wants to be caught short,��said Carsten Hilck, who oversees about $6.8 billion as senior fund manager at Union Investment Privatfonds GmbH in Frankfurt.
Top 5 Undervalued Stocks To Invest In 2015: Koninklijke KPN NV (KPN)
Koninklijke KPN NV (KPN) is a Netherlands-based telecommunications and information and communication technology (ICT) service provider. It is divided in two business areas: the Netherlands and Mobile International. The Netherlands includes segments: Mobile Consumer, which offers voice, text and data services, and mobile wholesale; Consumer Residential, providing fixed line services; Business, responsible for wireline and wireless voice and Internet, Cloud and integrated packages for corporate clients; NETCO, which offers wireless, copper and fiber network infrastructure and services for retail and wholesale customers; and Corporate Network, which provides solutions for workspace management, connectivity, information security and data centers, cloud-based and traditional software services and consulting. Mobile International consists of segments such as Germany, Belgium, Rest of the world; and iBasis, providing wholesale voice services and terminating of international calls worldwide. Advisors' Opinion:- [By Namitha Jagadeesh]
BP Plc and Royal Dutch Shell Plc each slipped at least 1 percent as crude declined after the U.K. parliament rejected a motion for military action against Syria. Royal KPN (KPN) NV slid 3.4 percent after America Movil SAB said it may withdraw its takeover bid if opposed by the company�� independent foundation. Hermes International SCA climbed 2.1 percent after reporting operating profit that surpassed analysts��estimates.
Top 10 Telecom Stocks To Watch Right Now: KT Corp (KT)
KT Corporation is an integrated telecommunications service provider in the Republic of Korea. Its services include personal communications service (PCS) mobile telecommunications services and high speed downlink packet access (HSDPA)-based IMT-2000 wireless Internet and video multimedia communications services; telephone services, including local, domestic long-distance and international long-distance fixed-line telephone services and interconnection services; broadband Internet access service and other Internet-related services, including Internet protocol television (IP-TV) services, and various other services, including leased line service and other data communication service, satellite service and information technology and network services. On June 1, 2009, KTF merged into KTF Corporation. In October 2009, it disposed its majority stake in its wholly owned subsidiary, KT FDS Corporation, engaged in computer software developing business.
Mobile Service
The Company provides mobile services based on code division multiple access (CDMA) technology and wideband code division multiple access (W-CDMA) technology. PCS service is a digital wireless telephone and data transmission system, which uses portable handsets with long battery life to communicate, through low-power antennae. The PCS service is based on CDMA technology and utilizes 40 megahertz of bandwidth in the 1800 megahertz frequency.
The Company markets the mobile services primarily through independent dealers located throughout the Republic of Korea. As of December 31, 2009, there were approximately 2,200 shops managed by the independent dealers. In addition to assisting new subscribers to activate mobile service and purchase handsets, authorized dealers are connected to the database and are able to assist customers with account information.
Telephone Services
The telephone network includes exchanges, long-distance transmission equipment and fiber optic and copper cables. The C! ompany utilizes the telephone network to provide fixed-line telephone services, which consist of local, domestic long-distance and international long-distance services. The long distance cable network is made up of fiber optic cable and could carry both voice and data transmissions. The Company provides Internet phone services that enable voice over Internet protocol (VoIP) phone devices with broadband connection to make domestic and international calls. As of December 31, 2009, the fixed-line telephone services accounted for 18% of the Company�� operating revenues.
Internet Services
The Company�� Internet services include asymmetric digital subscriber line (ADSL), very high speed digital subscriber line (VDSL), Ethernet and fiber-to-the-home (FTTH) services under the QOOK Internet brand name; wireless local area network (LAN) service under the Nespot brand name, which is designed to integrate fixed-line and wireless services by offering high speed wireless Internet access to laptops, personal digital assistants (PDAs) and smart phones in hot-spot zones and QOOK Internet service in fixed-line environments, and WiBro Internet access service, which enables two-way wireless broadband Internet access to portable computers, mobile phones and other portable devices at a speed averaging one megabits per second per user. As of December 31, 2009, the Company had seven million fixed-line QOOK Internet subscribers and approximately 296,000 Nespot service subscribers.
The other Internet-related services focus primarily on providing infrastructure and solutions for business enterprises, as well as IP-TV and network portal services. It operates seven Internet data centers located throughout the Republic of Korea and provide a range of computing services to companies which need servers, storages and leased lines. Internet data centers are facilities used to house, protect and maintain network server computers that store and deliver Internet and other network content, such a! s Web pag! es, applications and data.
The Internet data centers offer network outsourcing services, server operation services and system support services. The network outsourcing services include co-location, which is the installation of the customers��network equipment at the Internet data centers. The Company also offer a service called Bizmeka to develop and commercialize business-to-business solutions focusing small and medium-sized business enterprises in the Republic of Korea. Bizmeka is an applied application service provider, which provides business solutions, including customer database management and electronic data interchange.
The Company also offers high definition video-on-demand and real-time broadcasting IP-TV services under the brand name QOOK TV. The IP-TV service offers access to a range of digital media contents, including movies, sports, news, educational programs and television replay, for a fixed monthly fee. As of December 31, 2009, the Company had 1.2 million QOOK TV subscribers.
The data communication service involves offering lines, which allow point-to-point connection for voice and data traffic between two or more geographically separate points. It provides broadband Internet connection service to institutional customers under the Kornet brand name.
The Company is also engaged in various business activities, which extends beyond telephone services and data communications services, including information technology and network services, real estate development and car rental business. It offers a range of integrated information technology and network services to the business customers. The range of services include consulting, designing, building and maintaining systems and communication networks, which satisfy the individual needs of the customers in the public and private sectors.
The Company competes with SK Broadband Co., Ltd., LG Telecom Co., Ltd., Onse Telecom Corporation, SK Telink, Inc. and Dreamline.
Advisors' Opinion:- [By Tim Melvin]
ArcelorMittal (MT) is an integrated steel company based in France that sells to a wide range of industries in more than 170 countries around the world. Over the past year, the company has earned gross profits of $74 billion on total assets of $122 billion, so it qualifies as a high-profit company using Novy-Marx�� definition. MT stock currently fetches just 65% of book value, so it’s definitely a bargain issue at this price. Anticipating a stronger steel market in 2014, brokerage and research firm Cowen recently raised its rating on MT stock to “buy,” and also upgraded U.S. Steel (X).
KT Corporation (KT)KT Corporation (KT) is a telecommunications company in Korea. KT Corp. offers traditional fixed-line services as well as voice over Internet protocol service, and also is a leading provider of Internet and broadband services in South Korea. KT is growing its wireless broadband business in partnership with Sony (SNE), Intel (INTC) and Samsung (SSNLF). The company produced gross profits of $32 billion on $34 billion of assets last year, and KT stock trades well under book value right now.
- [By Lisa Levin]
KT Corp (NYSE: KT) shares tumbled 1.37% to touch a new 52-week low of $13.65. KT Corp shares have dropped 21.32% over the past 52 weeks, while the S&P 500 index has gained 21.66% in the same period.
Top 10 Telecom Stocks To Watch Right Now: Partner Communications Company Ltd.(PTNR)
Partner Communications Company Ltd. provides various telecommunications services in Israel. It offers cellular telephony services on GSM/GPRS and UMTS/HSDPA networks. The company also provides basic services, including domestic mobile calls, international dialing, roaming, voice mail, short message services, intelligent network services, content based on its cellular portal, data and fax transmission, and other services. In addition, it offers Internet services provider services that provides access to the Internet, as well as home WiFi networks; value added services, such as anti-virus and anti-spam filtering; and transmission services; and Web video on demand services, music tracks, and games. Further, the company provides voice over broadband and primary rate interface fixed-line telephone services; and data capacity services. Additionally, it offers content services comprising voice mail, text, and multimedia messaging, as well as downloadable wireless data application s, including ring tones, music, games, and other informational content; and sells handsets, phones, routers, and related equipment. The company markets its products through its sales centers, business sales representatives, traditional networks of specialized dealers, and non-traditional networks of retail chains and stores under the Orange brand name. Partner Communications Company Ltd. was founded in 1997 and is headquartered in Rosh Ha-ayin, Israel.
Advisors' Opinion:- [By Roberto Pedone]
Another under-$10 wireless telecom player that's starting to move within range of triggering a major breakout trade is Partner Communications (PTNR), a telecommunications company, provides cellular and fixed-line telecommunication services in Israel. This stock is off to a strong start in 2013, with shares up sharply by 29%.
If you take a look at the chart for Partner Communications, you'll notice that this stock has been trending sideways for the last month, with shares moving between $7.28 on the downside and $7.96 on the upside. Shares of PTRN are bucking the overall market weakness today as the stock starts to move within range of triggering a breakout trade above the upper-end of its sideways trading chart pattern.
Market players should now look for long-biased trades in PTNR if it manages to break out above some near-term overhead resistance levels at $7.80 to $7.85 a share and then once it clears its 52-week high at $7.96 a share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average volume of 107,303 shares. If that breakout triggers soon, then PTNR will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $10 to $12.20 a share.
Traders can look to buy PTNR off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $7.38 to $7.28, or below its 50-day at $6.97 a share. One can also buy PTNR off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
- [By Garrett Cook]
Telecommunications services shares jumped around 1.19 percent in today’s trading. Top gainers in the sector included NQ Mobile (NYSE: NQ), China Unicom (Hong Kong) (NYSE: CHU), and Partner Communications Company (NASDAQ: PTNR).
- [By Eddie Staley]
Telecommunications services shares jumped around 1.19 percent in today’s trading. Top gainers in the sector included NQ Mobile (NYSE: NQ), China Unicom (Hong Kong) (NYSE: CHU), and Partner Communications Company (NASDAQ: PTNR).
Top 10 Telecom Stocks To Watch Right Now: Telstra Corporation Ltd (TLSYY.PK)
Telstra Corporation Limited (Telstra) telecommunications and information services company providing telecommunications and information services for domestic and international customers. The Company operates in nine segments: Telstra Consumer and Country Wide (TC&CW); Telstra Business (TB); Telstra Enterprise and Government (TE&G); Telstra Wholesale (TW); Telstra Media Group; Telstra International Group; TelstraClear; Telstra Operations and Other. On July 6, 2011, Telstra announced changes to its organisational structure. Effective August 1, 2011, the entire sales and retail customer service workforce, was unified in a single business unit, Telstra Customer Sales and Service, responsible for sales and services to all segments, including consumer, business, enterprise and government customers. On March 27, 2012, the Company sold its 67% shareholding in Dotad Media Holdings Limited, and on July 21, 2011, it sold its 64.4% shareholding in Adstream (Aust) Pty Ltd. On 17 May 2012, the Company acquired an additional 11% interest in Autohome Inc. Effective August 22, 2013, Telstra Corp Ltd acquired NSC Group, a provider of industrial automation services. In November 2013, Telstra Corporation Limited increased its Autohome shareholding from 66% to 71.5%. Effective January 21, 2014, Telstra Corp Ltd acquired O2 Networks, a developer of data networking and network security software.
Telstra Consumer and Country Wide
The TC&CW segment is responsible for providing the full range of telecommunication products, services and solutions (across Mobiles, Fixed and Wireless Broadband, Telephony and Pay TV) to consumer customers in metropolitan, regional, rural and remote areas of Australia. This is achieved through inbound and outbound call centres, Telstra Shops (owned and licensed), Telstra Dealers and Telstra Digital. Telstra Digital is responsible for delivering self service capabilities for all Telstra customers, across all phases of the customer experience from browsing to buying and bill ! and service requests.
Telstra Business (TB)
TB is responsible for providing Australia's small to medium enterprises. It provides a range of telecommunications products, services and solutions, including the latest in cloud computing.
Telstra Enterprise and Government (TE&G)
TE&G is responsible for provision of network services and applications and integrated voice, data and mobile solutions. It provides these solutions via Telstra Next Generation Services to enterprise and government customers.
Telstra Operations (TOps)
TOps is responsible for overall planning, design, engineering and architecture of Telstra networks, technology and information technology; construction of infrastructure for its Company's fixed, mobile, Internet protocol (IP) and data networks; delivery of customer services across these networks; operation, assurance and maintenance, including activation and restoration of these networks, and supply and delivery of informationtechnology solutions to support its products, services, customer support functions and its internal needs. It also delivers network-centric professional services, managed services and outsourcing services for Telstra customers.
Telstra Wholesale (TW)
TW is responsible for the provision of a range of telecommunication products and services delivered over Telstra networks and associated support systems to non-Telstra branded carriers, carriage service providers and Internet service providers. Telstra Wholesale also provides services to NBN Co Limited.
Telstra Media Group (TMG)
TMG is responsible for the management and growth of the domestic directories and advertising business, including print, voice and digital directories, digital mapping and satellite navigation, digital display advertising and business information services. This includes the management of Yellow Pages, White Pages, Whereis, Citysearch, 1234 and Quotify. It also mana! ges of it! s investment in Digital Media content, services and applications, including Trading Post, Telstra Advertising Network, BigPond content including music, movies, sport and games, Internet Protocol television (IPTV), online portals and the FOXTEL partnership.
Telstra International Group (TIG)
TI is responsible for managing Telstra�� assets outside Australia and New Zealand. It includes CSL New World Mobility Limited, which is its 76.4% owned Hong Kong-based subsidiary in, responsible for providing full mobile services, including handset sales, voice and data products to the Hong Kong market. These services are delivered over CSL�� third generation (3G) and 4G Long Term Evolution networks. Its mainland China business provides digital media services in auto, IT and consumer electronics (this includes the Autohome and Sequel IT businesses). Its managed services and international connectivity business, provides managed network services, international data and voice, and satellite across Asia Pacific, China, India, Europe, and Africa.
TelstraClear
TClear is the Company�� New Zealand subsidiary. TClear is responsible for providing full telecommunications services to the New Zealand market.
Telstra Innovation, Products and Marketing
TIPM is responsible for innovation, product, promotion and pricing across Telstra. TIPM is also responsible for the overall brand, sponsorship, promotion and advertising direction of Telstra, as well as maintaining industry analyst relations and embedding market-based management across the Company. This is done by delivering data-driven customer insights that put the customer at the centre of everything Telstra does.
Corporate areas
Corporate areas provides operational and strategic legal support and advice across the Company; manages Telstra's public policy and communications; provides the functions of corporate
planning, accounting and administration, treasury, risk ma! nagement ! and assurance, investor relations, mergers and acquisitions and corporate strategy. The segment also supports in organisational design and change, implementation of people and culture initiatives, leadership development, talent and succession management, health, safety and wellbeing, professional development, workplace relations and all employment and remuneration policies. The segment provides the functions of credit management, billing and procurement.
Advisors' Opinion:- [By David Hunkar]
Current Dividend Yield: 4.91%
Company: Telstra Corp Ltd (TLSYY.PK)
Sector: Oil, Gas & Consumable Fuels
Country: ItalyCurrent Dividend Yield: 6.43%
Sector: Telecom
Country: Australia
Top 10 Telecom Stocks To Watch Right Now: j2 Global Inc (JCOM)
j2 Global, Inc., incorporated on December 14, 1995, is a provider of services delivered through the Internet. The Company provides cloud services to businesses of all sizes, from individuals to enterprises. The Company operates in two segments: Business Cloud Services and Digital Media. The Company's Digital Media business segment consists of the Web properties and business operations of Ziff Davis, Inc. (Ziff Davis). The Company�� cloud services and solutions include fax, voice and unified communications, email and customer relationship management, online backup, global network and operations, and customer support services. In February 2013, it acquired IGN Entertainment, Inc. On November 9, 2012, the Company acquired Ziff Davis. Effective March 18, 2013, it acquired MetroFax Inc. In April 2013, the Company acquired Backup Connect BV.
Business Cloud Services
The Company's eFax and MyFax online fax services enable users to receive faxes into their email inboxes and to send faxes via the Internet. eVoice and Onebox provides the Company's customers a virtual phone system with various available enhancements. The Company's FuseMail service provides the Company's customers email, archival and perimeter protection solutions, while Campaigner provides its customers email marketing solutions. KeepItSafe enables the Company's customers to securely backup their data and dispose of tape or other physical systems. The Company's CampaignerCRM business provides customer relationship management solutions designed to increase the Company's customers' sales and increase efficiency. The Company also generates Business Cloud Services revenues from patent licensing and sales and advertising. The Company�� Business Cloud Services and solutions are of two types: direct inward-dial number (DID) -based, which are services provided in whole or in part through a telephone number and non-DID-based, which are its other cloud services for business. As of December 31, 2012, the Company had DIDs issued! to approximately 2.1 million paying subscribers.
The Company's services allow individuals to receive and send faxes as email attachments. In addition to eFax , the Company offers online fax services under a variety of alternative brands, including MyFax , eFax Plus , eFax Pro, eFax Corporate and eFax Developer . eVoice is a virtual phone system that provides small and medium-sized businesses on-demand voice communications services, featuring a toll-free or local company DID, auto-attendant and menu tree. With these services, a subscriber can assign departmental and individual extensions that can connect to multiple United States or Canadian DIDs, including land-line and mobile phones and Internet protocol (IP) networks. These services also include advanced integrated voicemail for each extension, unifying mobile, office and other separate voicemail services and improving efficiency by delivering voicemails in both native audio format and as transcribed text. Onebox is a unified communications suite. It combines the features of many of the Company's other branded services, plus added functionality, to provide a virtual office. Onebox includes a virtual phone system, hosted email, online fax, audio conferencing and Web conferencing.
FuseMail offers hosted email, email encryption and email archival services to businesses. These solutions are hosted offsite and seamlessly integrated into a customer's existing email system. The services include hosted email, VirusSMART virus scanning, CypherSMART encryption services, SpamSMART SPAM filtering and VaultSMART / PolicySMART archiving, which delivers a secure, scalable email archiving and customizable compliance tool to correspond with a company's retention policy. Campaigner is an email marketing service that enables businesses to easily create and send personalized one-to-one email communications to subscribers and customers to build better relationships. Campaigner also helps businesses increase the size of their mailing lists, compl! y with em! ail regulations like CAN-SPAM and get more emails to more inboxes. CampaignerCRM is a cloud-based CRM solution specifically designed to help small/medium-sized businesses close more deals, reduce the sales cycle and sell larger deals. CampaignerCRM has a sales checklist capability that gives sales representatives a step-by-step plan to closing a deal. With CampaignerCRM's Social CRM capabilities, companies can seamlessly integrate a customer's latest information from Twitter, LinkedIn, and Facebook directly into their Contact profile. KeepItSafe provides managed and monitored online backup solutions for businesses, using its ISO-certified platform.
The Company's Business Cloud Services business operates multiple physical Points of Presence (POPs) worldwide, a central data center in Los Angeles and several remote disaster recovery facilities. The Company connects its POPs to its central data centers through redundant, and often times diverse, Virtual Private Networks (VPNs) using the Internet. The Company's network is designed to deliver value-added user applications, customer support and billing services for the Company's customers anywhere in the world and a local presence for its DID-based service customers from thousands of cities in 49 countries on six continents. The Company offers DIDs covering all major metropolitan areas in the United States, United Kingdom and Canada, and such other major cities as Berlin, Hong Kong, Madrid, Manila, Mexico City, Milan, Paris, Rome, Singapore, Sydney, Taipei, Tokyo and Zurich. The Company has customers located throughout the world.
The Company's Business Cloud Services customer service organization supports the Company's cloud services customers through a combination of online self-help, email communications, interactive chat sessions and telephone calls. The Company's Internet-based online self-help tools enable customers to resolve simple issues on their own, eliminating the need to speak or write to the Company's customer service re! presentat! ives. The Company's Business Cloud Services segment customer service organization provides email support seven days per week, 24 hours per day to all subscribers. Paying subscribers have access to live-operator telephone support seven days per week, 24 hours per day. Dedicated telephone support is provided for corporate customers 24 hours per day, seven days per week. Live sales and customer support services are available in nine languages, including English, Spanish, Dutch, German, French and Cantonese.
Digital Media
The Ziff Davis portfolio of Web properties, including PCMag.com, ExtremeTech.com, Geek.com, ComputerShopper.com, LogicBuy.com and Toolbox.com features reviews of technology products, technology-oriented news and commentary, professional networking tools for IT professionals and online deals and discounts for consumers. The Company generates Digital Media revenues from the sale of display advertising targeted to in-market technology buyers and from the sale of customer leads to online merchants and business-to-business leads to IT vendors. During the year ended December 31, 2012, Digital Media Web properties attracted 345 million visits and 1.1 billion page views.
PCMag is a trusted online resource for laboratory-based product reviews, technology news and buying guides. Toolbox.com is a network of online communities that allows experienced technology professionals to share collective knowledge and collaborate to resolve problems more efficiently. Toolbox.com includes professional networking tools, blogs, collaboration tools and reference guides. Geek.com is an online technology resource and community for technology enthusiasts and professionals. Its gaming site includes IGN.com and men's lifestyle site includes AskMen.com.
The Company competes with Google AdSense, DoubleClick Ad Exchange, AOL's Ad.com and Microsoft Media Network.
Advisors' Opinion:- [By Dave and Donald Moenning]
Internet Software & Services has been the place to be in 2013. In addition to Shutterstock (SSTK), just take a look at these constituents of this red-hot sub-industry: Pandora Media (P), Facebook (FB), j2 Global (JCOM), Yelp (YELP), CoStar Group (CSGP),LinkedIn (LNKD), etc. The list of superb stocks in the Internet Software & Services space goes on and on. Focusing on stocks in the top-performing sub-industries usually helps bullish trades, so today, let's take a closer look at Shutterstock Inc for a short-term long trade.
- [By Rich Smith]
j2 Global (NASDAQ: JCOM ) just keeps on growing -- by acquisition.
In its third corporate purchase in the past three months, j2 announced this morning that it has acquired Netherlands-based Backup Connect BV, a provider of online data backup services.
Top 10 Telecom Stocks To Watch Right Now: Chorus Ltd (CNU)
Chorus Limited maintains and builds a network made up of local telephone exchanges, cabinets and copper and fiber cables. The Company has approximately 32,000 kilometers of fiber and 130,000 kilometers of copper cabling. These cables connect back to local telephone exchanges. Chorus fiber also connects mobile phone towers owned by mobile service providers. About 7,000 cabinets provide interconnection points for around 50% of the lines in its network. A range of these cabinets are mini telephone exchanges and have electronic broadband equipment installed in them. In some cases, retail service providers have chosen to install their own broadband equipment in an exchange and pay the Company for the rental of the access line. It offers a range of products delivered over its copper network and new products designed to provide access to the ultra-fast broadband (UFB) fiber network. Advisors' Opinion:- [By Holly LaFon]
Watsa sold two stocks in the fourth quarter: Continucare Corp. (CNU) and First Place Financial Corp. (FPFC). He reduced Dell (DELL), one of his largest holdings, but almost 60%.
Top 10 Telecom Stocks To Watch Right Now: CalAmp Corp (CAMP)
CalAmp Corp. (CalAmp) develops and markets wireless technology solutions that deliver data, voice and video for critical networked communications and other applications. The Company has two business segments: Wireless DataCom, which serves commercial, industrial and government customers, and Satellite, which focuses on the North American Direct Broadcast Satellite (DBS) market. In May 2012, CalAmp Corp announced that it has entered into a five-year supply agreement to provide fleet tracking products to Navman Wireless. As part of the transaction, CalAmp has acquired certain products and technologies from Navman Wireless and established a research and development center in Auckland, New Zealand. The assets acquired by CalAmp include technology for Mobile Display Terminals (MDT) and an MDT product line marketed to telematics original equipment manufacturers (OEMs) globally. In March 2013, it completed the acquisition of the operations of Wireless Matrix Corporation.
Wireless DataCom
The Wireless DataCom segment provides wireless technology, products and services for industrial Machine-to-Machine (M2M) and Mobile Resource Management (MRM) market segments for a range of applications, including optimizing and automating electricity distribution and ancillary utility functions; facilitating communication and coordination among emergency first-responders; increasing productivity and optimizing activities of mobile workforces; improving management control over valuable remote and mobile assets, and enabling emerging applications in a wirelessly connected world.
The Company's Wireless DataCom segment is comprised of a Wireless Networks business and an MRM business. CalAmp's Wireless Networks business provides products, systems and services to industrial, utility, energy and transportation enterprises and state and local governmental entities for deployment where the ability to communicate with mobile personnel or to command and control remote assets is crucial. Utilities! , oil and gas, mining, railroad and security companies rely on CalAmp products for wireless data communications to and from outlying locations, permitting real-time monitoring, activation and control of remote equipment. Applications include remotely measuring freshwater and wastewater flows, pipeline flow monitoring for oil and gas transport, automated utility meter reading, remote Internet access and perimeter monitoring. CalAmp is among the leaders in the application of wireless communications technology to Smart Grid power distribution automation for electric utilities.
MRM wireless solutions include global positioning system (GPS) location, cellular data modems and programmable events-based notification firmware as key components, allowing customers to know where and how their assets are performing, no matter where those mobile assets are located. Commercial organizations, vehicle finance providers, city and county governments, and a range of other enterprises rely on CalAmp products and systems to optimize delivery of services and protect valuable assets. Applications include fleet management, asset tracking, student and school bus tracking and route optimization, stolen vehicle recovery, remote asset security, remote vehicle start, and machine-to-machine communications. In addition to functioning as an OEM supplier of location and communications hardware for MRM applications, CalAmp is a total solutions provider of turn-key systems incorporating location and communications hardware, cellular airtime and Web-based remote asset management tools and interfaces.
The Company competes with Motorola Solutions, GE-MDS, Freewave, Sierra Wireless, GenX, Spireon, Novatel Wireless-Enfora and Xirgo.
Satellite
The Satellite segment develops, manufactures and sells DBS outdoor customer premise equipment and whole home video networking devices for digital and high definition satellite television (TV) reception. CalAmp's satellite products are sold primarily to ! EchoStar,! an affiliate of Dish Network.
The Company's DBS reception products are installed at subscriber premises to receive television programming signals transmitted from orbiting satellites. These DBS reception products consist principally of outdoor electronics that receive, process, amplify and switch satellite television signals for distribution over coaxial cable to multiple set-top boxes inside the home that can acquire, recognize and process the signal to create a picture.
The Company competes with Sharp, Wistron NeWeb Corporation, Microelectronics Technology, Pro Brand and Global Invacom.
Advisors' Opinion:- [By Wallace Witkowski]
CalAmp (CAMP) �fell late Monday after its outlook for the current quarter fell short of Wall Street estimates.
- [By Garrett Cook]
Shares of CalAmp (NASDAQ: CAMP) were down 10.65 percent to $19.71 after the company issued a weak forecast for the second quarter. It expected Q2 earnings of $0.17 to $0.21 per share on revenue of $57 million to $61 million. Analysts estimated earnings of $0.22 per share on revenue of $62.2 million.
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