StockCall.com Provides Stock Research on Verizon Communications Inc., Cincinnati Bell Inc., Telefonica Brasil S.A., TIM Participacoes S.A., and China Unicom (Hong Kong) Ltd
New York City, New York -- (June 05, 2013)
Wireless is expected to remain the key growth driver for telecom services providers in the U.S. as well as globally. With more and more users switching to smartphones and tablets, demand for wireless is likely to remain strong in the next few years. The key for telecom services providers will be to increase their bandwidth and upgrade their network infrastructure to meet with growing demand for wireless. On Tuesday, June 4, 2013, shares in telecom services providers ended mostly higher even as the broader market struggled amid concerns over how long the Federal Reserve will continue with its bond buying program. The major movers in the sector included Verizon Communications Inc. (NYSE: VZ), Cincinnati Bell Inc. (NYSE: CBB), Telefonica Brasil S.A. (ADR) (NYSE: VIV), Tim Participacoes S.A. (ADR) (NYSE: TSU), and China Unicom (Hong Kong) Limited (ADR) (NYSE: CHU). StockCall reviewed the telecommunication industry and chose VZ, CBB, VIV, TSU, and CHU for its technical coverage. These free reports can be seen for free at
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Shares in Verizon Communications Inc. ended slightly higher on Tuesday, even as the broader market slipped. The company’s shares hit an intraday high of $49.46 before finishing the day 0.37% higher at $48.84. A total of 19.90 million shares were traded which is well above the daily average volume of 11.58 million. So far this year, shares of VZ have gained nearly 14.20% to trade 10.07% below their 52-week high. Download the free research on VZ by signing up now at
www.StockCall.com/VZ060513.pdf
Cincinnati Bell Inc.’s stock fell sharply yesterday, tracking losses in the broader market. The company’s shares ended the day 2.61% lower at $3.36 after trading between $3.33 and $3.49. A total of 1.63 million shares were traded which is below the daily average volume of 2.10 million. Shares of CBB have fallen nearly 38.70% so far this year, underperforming the S&P 500. Register for today’s free analysis on CBB at
www.StockCall.com/CBB060513.pdf
Shares in Telefonica Brasil S.A. moved higher on Tuesday, closing at $25.33, up 0.96% from its previous trading session’s closing price. A total of 1.07 million shares were exchanged in the price range of $24.96 and $25.41 during the session. Shares of VIV are currently trading 6.74% below their 52-week high. So far this year, the stock has gained nearly 11.30%, underperforming the S&P 500. Free report on VIV can be accessed by registering at
www.StockCall.com/VIV060513.pdf
Tim Participacoes S.A. moved higher yesterday, reversing some of its recent losses. Shares of the company hit an intraday high of $19.73 before finishing the day 0.46% higher at $19.47. A total of 485,119 shares were traded which is well below the daily average volume of 934,178. Shares of TSU have now fallen nearly 1.30% in the last three sessions. So far this year, the stock has grown nearly 2%, underperforming the S&P 500.Register withStockCall and download the research on TSU for free at
www.StockCall.com/TSU060513.pdf
Shares in China Unicom Limited fluctuated between gains and losses on Tuesday before finishing the day nearly flat. The company’s shares ended the day 0.07% lower at $13.67 after trading between $13.60 and $13.75. A total of 258,869 shares were traded which is well below the daily average volume of 687,137. Shares of CHU have fallen nearly 2.40% in the last three sessions. The stock is currently trading below its 50- and 200-day moving averages. Read the full free research on CHU by signing up to StockCall at
www.StockCall.com/CHU060513.pdf
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