StockCall Posts Technical Research on VimpelCom and Mobile Telesystems [Professional Services Close - Up]
(Professional Services Close - Up Via Acquire Media NewsEdge) StockCall announced that it has posted free technical research on VimpelCom and Mobile Telesystems, which can be downloaded upon sign up at stockcall.com/signup.
StockCall reported that international telecom stocks performed fairly well and are expected to keep up the momentum. These stocks are more vulnerable to the shift in global economy and have slightly different risk profile than the domestic telecom companies. VimpelCom, a telecom company in Russia, is transforming itself into a lean organization. It plans to dispose its non-core assets and focus on essential business units. While the stock already provides good return, it is likely to perform even better in the future. Mobile Telesystems OJSC is also taking steps to boost its performance and margins.
VimpelCom Increases Stake in Euroset
VimpelCom posted 12 percent capital appreciation in the past 52 weeks. It augmented its shareholders' value further by paying high dividend with yield of over 6 percent. VimpelCom recently announced 80 cents per share in dividend to be paid to its shareholders. The future looks promising for VimpelCom as it plans to grow its EBITDA and revenue by high single digit percentage in the next three years. Its efforts to control its debt are expected to positively impact on its stock price. VimpelCom aims to grow its cash-flow by $2.9 billion over the course of the next three years. It also plans to reward its investors by paying 80 cents per share in dividend in 2014.
VimpelCom is also planning to streamline its business and plans to focus on its mobile operations. It is also looking to reduce its presence in fixed line business. The company is planning to restructure its business as its aims to sell some of its business in Africa and Asia.
The company derives a major portion of its revenue from Russia, where it is expanding its presence. It recently increased its stake in the Russian business of Euroset to 50 percent. The remaining 50 percent stakes are held by Lefbord Investments Limited. The increase in stake will help VimpelCom in exercising better control over the operations of the company. However, at the same time it is also contemplating selling its broadband unit in Russia.
Mobile Telesystems Boosts Margins
Mobile Telesystems reported revenue of $3.13 billion for its third quarter, lower than its previous year quarter. However, its EPS for the quarter grew. The stock performed well over the course of the past 52 weeks as it gained over 19 percent. It also provided good return to its investors in the form of dividend. The stock currently sports dividend yield of 3.77 percent, making it an good investment option for an income portfolio.
Mobile Telesystems is also revamping its business. The company has a new management team in place and plans to capture the high- end of the market by focusing on higher value clients. The move will help the company to boost its margins. Mobile Telesystems is also working to introduce innovative tariff plans to attract more customers. Another step taken by Mobile Telesystems includes its focus on voice services. These steps will help Mobile Telesystems in increasing its profitability and are expected to push its stock price up.
The free report on VimpelCom Ltd. can be downloaded by signing up now at
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