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Technical Roundup on Wireless Communications Stocks -- America Movil, TIM Participacoes, NII Holdings, and Inteliquent

AMX

PR Newswire

NEW YORK, December 15, 2016 /PRNewswire/ --

Stock-Callers.com takes note of these Wireless Communications equities today: America Movil S.A.B. de C.V. (NYSE: AMX), TIM Participacoes S.A. (NYSE: TSU), NII Holdings Inc. (NASDAQ: NIHD), and Inteliquent Inc. (NASDAQ: IQNT). These companies are engaged in providing Wireless Communication services such as paging, cell phone, and other satellite telecommunication services. Sign up today and download for free the research reports for the stocks covered today at:

http://stock-callers.com/registration

America Movil 

Mexico City, Mexico-based America Movil S.A.B. de C.V.'s stock finished Wednesday's session 4.46% lower at $12.20. A total volume of 5.42 million shares was traded, which was above their three months average volume of 4.73 million shares. Over the last month and the previous three months, the Company's shares have advanced 7.96% and 6.99%, respectively. The stock is trading above its 50-day moving average by 1.66%. Moreover, shares of America Movil, which provides telecommunications services in Mexico and internationally, have a Relative Strength Index (RSI) of 52.07.

On November 22nd, 2016, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On December 01st, 2016, América Móvil announced that pursuant to the resolutions adopted at its Shareholder Meeting held on October 6th, 2016, relating to the delisting of its American Depositary Shares representing Series A shares of the Company (the "ADSs", each ADS representing the right to receive 20 Series A shares of the Company), currently listed on the NASDAQ Stock Market, the Company intends to transfer the listing of the ADSs from NASDAQ to the NYSE. AMX complete research report is just a click away at:

http://stock-callers.com/registration/?symbol=AMX


TIM Participacoes 

Shares in Rio de Janeiro, Brazil headquartered TIM Participacoes S.A. declined 3.48%, ending yesterday's session at $11.37. A total volume of 1.25 million shares was traded, which was higher than their three months average volume of 1.11 million shares. The stock has gained 37.63% on an YTD basis. The Company's shares are trading 1.53% below their 200-day moving average. Moreover, shares of TIM Participacoes, which through its subsidiaries, provides mobile telecommunication services in Brazil, have an RSI of 35.41. The complimentary report on TSU can be downloaded at:


http://stock-callers.com/registration/?symbol=TSU


NII Holdings 

On Wednesday, Reston, Virginia-based NII Holdings Inc.'s stock saw a drop of 5.88%, to close the day at $2.00. A total volume of 911,854 shares was traded, which was above their three months average volume of 665,560 shares. The Company's shares are trading 17.07% below their 50-day moving average. Additionally, shares of NII Holdings, which provides wireless communication services under the Nextel brand in Brazil, have an RSI of 46.01.

On November 14th, 2016, NII Holdings announced that for Q3 2016 it generated consolidated operating revenues of $261 million, consolidated adjusted operating income before depreciation and amortization (adjusted OIBDA) of $16 million, and a consolidated operating loss of $1.4 billion. During Q3 2016, the Company recorded a $1.31 billion non-cash impairment charge to write down its long-lived assets to fair value. NII Holdings ended Q3 2016 with $312 million in consolidated cash and short-term investments and $203 million of cash held in escrow. Sign up for your complimentary report on NIHD at:

http://stock-callers.com/registration/?symbol=NIHD


Inteliquent 

Shares in Chicago, Illinois headquartered Inteliquent Inc. ended the day 1.17% lower at $22.80. A total volume of 697,794 shares was traded, which was above their three months average volume of 444,980 shares. The stock has gained 36.94% in the previous three months and 32.10% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 13.29% and 29.03%, respectively. Furthermore, shares of Inteliquent, which provides voice telecommunications services on a wholesale basis in the US and internationally, have an RSI of 65.05.

As per SEC filing dated December 02nd, 2016, Inteliquent, as previously announced, on November 02nd, 2016, entered into an Agreement and Plan of Merger with Onvoy, LLC, and Onvoy Igloo Merger Sub, Inc., wholly-owned subsidiary of Onvoy, providing for the merger of Merger Sub with and into the Company, with the Company surviving the Merger as a wholly-owned subsidiary of Onvoy. Onvoy and Merger Sub are affiliates of the private equity investment firm GTCR, LLC. On December 01st, 2016, the US Federal Trade Commission notified the Company that early termination of the waiting period under the HSR Act was granted, effective immediately. Download the research report for free on IQNT at:

http://stock-callers.com/registration/?symbol=IQNT

--

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