Broadband Security Blog

The BlackRock Fund Advisors Has $70355000 Stake in Liberty Broadband Corp. (LBRDK) 0

The BlackRock Fund Advisors Has $70355000 Stake in Liberty Broadband Corp. (LBRDK)

BlackRock Fund Advisors boosted its stake in Liberty Broadband Corp. (NASDAQ:LBRDK) by 6.0% during the third quarter, Holdings Channel reports. The fund owned 984,260 shares of the company’s stock after buying an additional 55,668 shares during the period. BlackRock Fund Advisors’ holdings in Liberty Broadband Corp.

were worth $70,355,000 at the end of the most recent quarter. A number of other institutional investors have also recently bought and sold shares of LBRDK. Coatue Management LLC purchased a new position in Liberty Broadband Corp.

during the second quarter valued at about $533,524,000. Vanguard Group Inc. raised its position in Liberty Broadband Corp.

by 88.8% in the second quarter. Vanguard Group Inc. now owns 8,635,212 shares of the company’s stock valued at $518,113,000 after buying an additional 4,062,639 shares during the last quarter.

Weitz Investment Management Inc. raised its stake in Liberty Broadband Corp. by 6.4% in the second quarter.

Weitz Investment Management Inc. now owns 2,340,547 shares of the company’s stock worth $140,433,000 after buying an additional 140,881 shares in the last quarter. BlackRock Institutional Trust Company N.A.

raised its stake in Liberty Broadband Corp. by 9.9% in the second quarter. BlackRock Institutional Trust Company N.A.

now owns 1,834,877 shares of the company’s stock worth $110,093,000 after buying an additional 165,280 shares in the last quarter. Finally, Egerton Capital UK LLP raised its stake in Liberty Broadband Corp. by 55.0% in the second quarter.

Egerton Capital UK LLP now owns 1,706,564 shares of the company’s stock worth $102,394,000 after buying an additional 605,464 shares in the last quarter.

65.80% of the stock is currently owned by hedge funds and other institutional investors. Shares of Liberty Broadband Corp. (NASDAQ:LBRDK) opened at 77.79 on Thursday. Liberty Broadband Corp.

has a 52-week low of $41.30 and a 52-week high of $78.66. The firm has a market cap of $14.13 billion, a price-to-earnings ratio of 12.29 and a beta of 1.41. The firm has a 50-day moving average price of $74.16 and a 200-day moving average price of $69.13.

LBRDK has been the topic of a number of analyst reports. Zacks Investment Research lowered Liberty Broadband Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, November 15th.

TheStreet raised Liberty Broadband Corp. from a “hold” rating to a “buy” rating in a research report on Thursday, November 3rd. In other Liberty Broadband Corp.

news, Director John C. Malone sold 89,993 shares of the business’s stock in a transaction dated Tuesday, November 22nd. The stock was sold at an average price of $70.38, for a total transaction of $6,333,707.34.

Following the completion of the sale, the director now owns 4,002,935 shares of the company’s stock, valued at $281,726,565.30. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John C.

Malone sold 25,119 shares of the business’s stock in a transaction dated Monday, November 21st. The shares were sold at an average price of $69.34, for a total value of $1,741,751.46. Following the sale, the director now directly owns 4,002,935 shares of the company’s stock, valued at approximately $277,563,512.90.

The disclosure for this sale can be found here.

10.80% of the stock is owned by insiders. About Liberty Broadband Corp. Liberty Broadband Corporation holds interests in Charter Communications, Inc (Charter), TruePosition, Inc (TruePosition) and Time Warner Cable, Inc (TWC).

The Company’s segments include Trueposition, Charter, and Corporate and other. The TruePosition segment includes the operations of TruePosition, a subsidiary of the Company that develops and markets technology for locating wireless phones and other wireless devices on a cellular network, enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world. Want to see what other hedge funds are holding LBRDK?

Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Liberty Broadband Corp. (NASDAQ:LBRDK).

BT set to raise broadband prices for the second time in 7 months 0

BT set to raise broadband prices for the second time in 7 months

Basic broadband up by £2 per month, a 13 per cent increase BT sport price rises to be used to buy new cricket content, voice prices going up just because Meanwhile inflation in the UK hits a shocking 1.6 per cent BT has announced that it’s going to raise its prices pretty much across the board in the UK, much to the fury of public interest groups who point out that BT only upped its prices in July last year.  This will be the third round of price increases  in 18 months, they claim. Furthermore, it’s being imposed against a backdrop of low inflation. BT’s last increases in 2016 saw most broadband packages rise by £2.00 per month making the ‘standard’ price lift from £13 to £15, while ‘unlimited’ broadband was charged at £20 per month, up from £17.95.

This time, from April 2nd,  basic broadband is going up by another £2 per month (a rise of just over 13 per cent)  with Infinity – the higher-speed fibre to the curb-supported offering giving up to 76Mbit/s – going up by £2.50. BT Sport, BT’s controversial TV play, is also attracting extra charges. To get the ball rolling BT Sport was initially launched as a free add-on for BT broadband customers, with an impost on viewers watching it on other platforms.  BT Sport will now cost BT TV (a cable and satellite channel) customers £3.50 a month or £42 for a yearly subscription from next season.  Sky box users will pay £1.50 extra a month (now up to £7.50) and Sky customers watching BT Sport via  another broadband provider will pay an extra £1 a month (so now £22.99).

BT’s voice service prices are going up as well. Standard landline calls are up 1p per minute to 12p and mobile calls are also up one p per minute to 16p. Even the call plans are being nudged up by 49p to £8.99 per month (getting on to 5.5 per cent increase) with evening and weekend call plans up 30p to £3.80 per month (a fraction under 8 per cent).

All these rises – between about 5 per cent to over 10 per cent in some cases – must be set against  consumer inflation in the UK which has shockingly risen by….  1.6 per cent.   At the same time the technology and other associated costs which make up the inputs to things like broadband service (such as IP transit costs) are obediently obeying Moore’s law and reducing in at least as steady a fashion as BT’s retail prices seem to be going up. At least pained consumers have the right to swap providers without contract penalty should price changes be made. As an excuse for the price hikes, no doubt BT will point to the huge expense soon to be involved in deploying 5G.

UK users, however, will have every right to point to the huge expense of buying football and (apparently cricket) rights as probable cause – especially the many millions who have no interest in shelling out to watch either game.

BT prices on the rise with broadband and calls going up and new fee for BT Sport 0

BT prices on the rise with broadband and calls going up and new fee for BT Sport

BT prices are on the rise with the cost of broadband and calls going up and the introduction of a fee for BT Sport. Broadband costs will increase by an average of five or six per cent from April 2. Sports fans who watch BT Sport free on their BT TV will have to pay £3.50 a month.

BT’s basic broadband package will rise by £2 a month and Infinity fibre customers will see a hike of £2.50 a month. The telecoms firm has frozen line rental at £18.99 a month but has put up by a penny the cost of mobile and landline calls per minute. Anytime call and weekend plans will also be more expensive while BT broadband customers who watch BT Sport on their Sky box will pay £1.50 more a month.

The price of BT Basic, the subsidised tariff for low-income customers who receive certain benefits, stays the same at £5.10 a month with a maximum calls cost of £10 a month. John Petter, chief executive of BT Consumer, said: “Customers will get a better package and improved service from us this year in exchange for paying a little more. “Millions will have the chance to upgrade to faster broadband and almost a million will be able to upgrade to enjoy unlimited usage for no extra cost. “As usual, we’ve taken care of low income customers by freezing the price of BT Basic and capping call costs. “We’ve also frozen line rental, which will particularly help customers who only take a traditional phone service from us.” Announcing the price rises, BT said its rivals Sky, Virgin Media and TalkTalk had increased prices in 2016. Dan Howdle, consumer telecoms expert at Cable.co.uk, said the increases were unjustified.

He said: “These price hikes are absurd in contrast to current rates of inflation and, quite rightly, I would expect BT customers to be fuming. “Customers should remember that under current rules, in the event of a price hike, they have the right to switch out of their contract free of charge. “As a BT customer you do get a vote in this – but it’s a vote with your feet.’