Kent

Reference Library – England – Kent Broadband

Altice USA Broadens Reach of Low-Cost Broadband Option

Altice USA said “Economy Internet,” an uncapped broadband service for low-income households, is now available across its Optimum (former Cablevision Systems) and Suddenlink footprints. The service, for eligible families and senior citizens, offers 30 Mbps (downstream) and integrated in-home WiFi for $14.99 per month. Altice USA launched Economy Internet is select areas of the New York region late last year, and was linked to a commitment to introduce a low income broadband option throughout the former Cablevision service territory.

RELATED: Altice USA Bows Low-Cost 30-Meg Broadband Service1 Altice USA said the expansion to the Suddenlink territories goes beyond its public interest commitment linked to the acquisition of Cablevision Systems. The no-contract offer is available to new internet customers in Altice USA’s footprint who qualify for the National School Lunch Program (NSLP) and senior citizens who qualify for Supplemental Security Income (SSI).

“As the internet becomes increasingly important for education and accessing critical information and services, Altice USA is pleased to expand our low-cost broadband service to connect even more families and seniors across our U.S.

footprint,” Dexter Goei, Altice USA’s chairman and CEO, said in a statement. “We remain committed to supporting programs that help bridge the digital divide within our local communities, and ensuring that consumers across the country have access to affordable internet connectivity is a major step in reaching that goal.”

References

  1. ^ RELATED: Altice USA Bows Low-Cost 30-Meg Broadband Service (www.multichannel.com)

Reviewing Alaska Communications Systems Group (ALSK) & Shenandoah Telecommunications (SHEN)

Alaska Communications Systems Group (NASDAQ: ALSK) and Shenandoah Telecommunications (NASDAQ:SHEN) are both small-cap utilities companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitabiliy, dividends, risk, earnings, institutional ownership, analyst recommendations and valuation.

Dividends

Shenandoah Telecommunications pays an annual dividend of $0.25 per share and has a dividend yield of 0.7%. Alaska Communications Systems Group does not pay a dividend. Shenandoah Telecommunications pays out -227.3% of its earnings in the form of a dividend.

Analyst Ratings

This is a summary of current ratings and recommmendations for Alaska Communications Systems Group and Shenandoah Telecommunications, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Alaska Communications Systems Group 0 0 1 0 3.00 Shenandoah Telecommunications 0 0 2 0 3.00

Alaska Communications Systems Group presently has a consensus price target of $3.00, suggesting a potential upside of 27.12%. Shenandoah Telecommunications has a consensus price target of $34.00, suggesting a potential downside of 5.29%. Given Alaska Communications Systems Group’s higher possible upside, equities analysts plainly believe Alaska Communications Systems Group is more favorable than Shenandoah Telecommunications.

Profitability

This table compares Alaska Communications Systems Group and Shenandoah Telecommunications’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Alaska Communications Systems Group -0.65% -0.01% N/A Shenandoah Telecommunications -0.89% 5.43% 1.11%

Institutional & Insider Ownership

41.1% of Alaska Communications Systems Group shares are held by institutional investors. Comparatively, 49.1% of Shenandoah Telecommunications shares are held by institutional investors.

6.5% of Alaska Communications Systems Group shares are held by company insiders. Comparatively, 7.2% of Shenandoah Telecommunications shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Earnings & Valuation

This table compares Alaska Communications Systems Group and Shenandoah Telecommunications’ revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio EBITDA Earnings Per Share Price/Earnings Ratio Alaska Communications Systems Group $227.27 million 0.54 $55.16 million ($0.02) -117.94 Shenandoah Telecommunications $619.55 million 2.84 $273.78 million ($0.11) -326.36

Shenandoah Telecommunications has higher revenue and earnings than Alaska Communications Systems Group. Shenandoah Telecommunications is trading at a lower price-to-earnings ratio than Alaska Communications Systems Group, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

Alaska Communications Systems Group has a beta of -0.12, indicating that its stock price is 112% less volatile than the S&P 500. Comparatively, Shenandoah Telecommunications has a beta of 0.83, indicating that its stock price is 17% less volatile than the S&P 500.

Summary

Shenandoah Telecommunications beats Alaska Communications Systems Group on 11 of the 15 factors compared between the two stocks.

About Alaska Communications Systems Group

Reviewing Alaska Communications Systems Group (ALSK) & Shenandoah Telecommunications (SHEN)Alaska Communications Systems Group, Inc. is a fiber broadband and managed information technology (IT) services provider. The Company is focused primarily on business and wholesale customers in and out of Alaska. The Company also provides telecommunication services to consumers across Alaska. The Company’s facilities-based communications network extends across Alaska and connects to the contiguous states through its undersea fiber optic cable systems and its usage rights on an undersea system.

It serves customers in various areas, such as Business and Wholesale (broadband, voice and managed IT services); Consumer (broadband and voice services), and Other Services (including carrier termination, equipment sales, access services and support services receiving federal support funding). It provides voice and broadband services to residential customers. It provides voice and broadband origination and termination services to inter and intrastate carriers serving its retail customers.

About Shenandoah Telecommunications

Reviewing Alaska Communications Systems Group (ALSK) & Shenandoah Telecommunications (SHEN)Shenandoah Telecommunications Company is a telecommunications holding company. The Company’s segments are Wireless, Cable, Wireline and Other. The Company, through its operating subsidiaries, provides both regulated and unregulated telecommunications services to end user customers and other telecommunications providers in Virginia, West Virginia, central Pennsylvania, western Maryland, and portions of Kentucky and Ohio. The business of the Wireless segment is conducted principally by the Company’s subsidiary, Shenandoah Personal Communications, LLC (PCS). The business of the Company’s Cable segment is conducted through Shenandoah Cable Television, LLC (Shenandoah Cable). The Wireline segment provides regulated and unregulated voice services, digital subscriber line (DSL) Internet access, cable modem and long distance access services throughout Shenandoah County and portions of Rockingham, Frederick, Warren and Augusta counties, Virginia.

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References

  1. ^ MarketBeat.com’s FREE daily email newsletter (transcriptdaily.com)

UN report claims that India and China account for about 39 percent of all the youth on the internet

India and China are home to 39 percent of the 830 million young people worldwide who use the Internet, according to a UN report.

UN Report Claims That India And China Account For About 39 Percent Of All The Youth On The Internet

Representational image. Reuters

The data released by the International Telecommunication Union(ITU), the United Nations specialised agency for Information and Communication Technologies (ICTs), shows that of the 830 million young people online worldwide, 320 million, or 39 percent, are in China and India. The ITU’s ICT Facts and Figures 2017 also shows a significant increase in broadband access and subscriptions with China leading the way. The ICT data shows that youths (15-24 years old) are at the forefront of Internet adoption.

In Least Developed Countries (LDCs), up to 35 percent of individuals using the Internet are aged 15-24, compared with 13 percent in developed countries and 23 percent globally.

“ITU’s ICT Facts and Figures 2017 shows that great strides are being made in expanding Internet access through the increased availability of broadband networks. Digital connectivity plays a critical role in bettering lives, as it opens the door to unprecedented knowledge, employment and financial opportunities for billions of people worldwide,” said ITU Secretary-General Houlin Zhao. The report adds that mobile broadband subscriptions have grown more than 20 percent annually in the last five years and are expected to reach 4.3 billion globally by the end of 2017. Between 2012 and 2017, LDCs saw the highest growth-rate of mobile broadband subscriptions. Despite this, the number of mobile subscriptions per 100 inhabitants in LDCs is the lowest globally at 23 percent.

The number of fixed-broadband subscriptions has increased by 9 percent annually in the last five years with up to 330 million subscriptions added. There has been an increase in high-speed fixed broadband subscriptions parallel to the growth in the number of fibre connections. Most of the increase in high-speed fixed broadband subscriptions in developing countries can be attributed to China, which accounts for 80 percent of all fixed-broadband subscriptions at 10 Mbit/s or above in the developing world, the report said.

Mobile broadband prices, as a percentage of gross national income per capita, dropped by half between 2013 and 2016. Mobile broadband is more affordable than fixed broadband in most developing countries. While the Internet user gender gap has narrowed in most regions since 2013, the proportion of men using the Internet remains slightly higher than the proportion of women using the Internet in two-thirds of countries worldwide.

In 2017, the global Internet penetration rate for men stands at 50.9 percent compared to 44.9 percent for women. International Internet bandwidth grew by 32 percent between 2015 and 2016, with Africa registering an increase of 72 percent during this period, the highest of all regions. Global telecommunication revenues declined by 4 percent from USD 2.0 trillion in 2014 to USD 1.9 trillion in 2015.

Developing countries, which are home to 83 percent of the global population, generate 39 percent of the world’s telecommunication revenues, it said.

Published Date: Aug 01, 2017 08:16 pm | Updated Date: Aug 01, 2017 08:16 pm