September 22, 2017 – By Darrin Black
Shares of BroadBand Tower Inc. (TYO:3776) last traded at 213, representing a move of -1.84%, or -4 per share, on volume of 331,900 shares. After opening the trading day at 217, shares of BroadBand Tower Inc. traded in a close range. BroadBand Tower Inc. currently has a total float of 51.05 million shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 186 and high of 332.
TSE: Putting Asia To The Global Footprint
Japan comes next to the US when it comes to economic prowess, making it a powerful economy not just in Asia but in the whole world as well. Needless to say, it is surely bringing Asia to the global footprint.
What gives rise to the growing Japanese economy is its healthy corporate sector driven by excellent corporate governance. Without a thriving equity market, Japan will not be the massive success that it is today.
Japan’s Equity Market
The Tokyo Stock Exchange (TSE) is one of the most valuable stock exchanges in Asia. Aside from that, it also prides as one of the oldest stock exchanges in the region. The Nikkei Stock Average or Nikkei 225 is the benchmark index that measures the most actively traded companies listed on the TSE. Its components are reviewed annually.
Unlike most popular indices in the world, the Nikkei Stock Average is a price-weighted index and not a capitalization weighted index. Its base value is 176.21 with the base date being May 1949.
The TSE was founded in 1878, only to grow bigger in 1943 with the consolidation of five Japanese stock exchanges into it. It temporarily closed in 1945, primarily because of the World War II (WWII). However, the TSE had come back stronger, relaunching under a new Securities Exchange Act in Japan on May 16, 1949. BroadBand Tower Inc. is a stock traded on the Japan stock exchange. The Nikkei Stock Average, on the other hand, was introduced on September 7, 1950.
Since 2010, the index is refreshed every 15 seconds during regular sessions. The 1989s is probably the decade that the TSE had enjoyed the most. Because of the fiscal stimuli administered by the government in an attempt to counter recession, share prices had tripled after the yen had surged roughly 50%. The TSE had then accounted for 60% of the world’s overall market capitalization. The glory days, of course, did not last forever.
Come 1990, the Nikkei Stock Average had declined more than 30%. During the onslaught of the 2008 Global Financial Crisis, the Nikkei Stock Average was trading below the 7,000 level in October 2008. This represents an 80% decline from its all-time high seen on December 29, 1989. The dark days didn’t end there. On March 15, 2011, the Nikkei Stock Average had fallen to just 8,605.15 from almost 10,000 after an earthquake nearly destroyed all of Japan. The Nikkei Stock Average had posted its lowest year-end valuation of 8,455.35 since 1982. BroadBand Tower Inc.
has relatively good liquidity. Amid all the adversaries, the Japanese economy was still able to come through. In 2012, the Nikkei Stock Average had begun recouping. In 2013, it had finally touched the 10,000 mark. Two years later, the Nikkei Stock Average was able to double, hitting the 20,000 mark in 2015.
Because of the success of the Japanese equity market, many investors are looking into TSE stocks. Betting on the Asian economy has never been this interesting. Despite numerous setbacks in the past, the TSE has still managed to shaped the Japanese economy into becoming one of today’s most influential economies worldwide. Professional analysts might be interested how this will affect BroadBand Tower Inc.. More recent BroadBand Tower Inc. (TYO:3776) news were published by: Reuters.com which released: “BRIEF- BroadBand Tower to set up new unit for business transfer” on August 09, 2017. Also Tucson.com published the news titled: “Tucson tower business expands to meet wireless broadband demand” on November 20, 2016. Reuters.com’s news article titled: “BRIEF-Hito-Communications to acquire 60 pct stake in BBF for 4.36 bln yen” with publication date: June 23, 2017 was also an interesting one.
BroadBand Tower, Inc. is engaged in the provision of a variety of computer- and Internet-related services. The company has market cap of $11.07 billion. The Firm operates in two business divisions. It has a 22.2 P/E ratio.
The Computer Platform segment provides space services, Internet connection services, operation and monitoring services, managed hosting services, entrusted data center operating services and product services.
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The Secretary-General of the Commonwealth Telecommunications Organisation (CTO), Mr. Shola Taylor, has warned of an impending risk that is likely to rob Commonwealth countries of modern technology benefits. He stated that many Commonwealth countries may likely miss out on the benefits of Internet of Things (IoT), Big Data, Artificial Intelligence (AI) and augmented reality technology innovation, if they do not invest sufficiently in broadband and ICT services. Taylor, who spoke at the opening of the just concluded CTO ICT Forum’17, which held in Maputo, Mozambique, called on Commonwealth countries including Nigeria to consider huge investment in broadband, which he described as a platform for the next frontier of technology advancement.
He called on member countries to invest urgently in broadband as well as in information and communications technology (ICT) services, or miss out on IoT and AI evolution.
Taylor, a Nigerian citizen was the chief executive officer of Kemilinks International, a global ICT consultancy firm based in Lagos. He had over 35 years of global experience in ICTs with government and the private sector, prior to his appointment as Commonwealth Secretary General in 2015, warned commonwealth countries of the danger of not investing heavily in broadband.
According to him, “With the IoT, we have a new environment conducive of opportunities for new forms of digital entrepreneurship or public service delivery. But there are still far too many without access to the internet, who are unable to take advantage of the opportunities and benefits that digital technologies have to offer.”
Taylor spoke alongside Mozambique’s Minister of Transport and Communications, Carlos Mesquita; Director-General, International Telecommunications Satellite Organisation, Patrick Masambu; and Deputy Secretary-General, International Telecommunication Union, Malcolm Johnson. The event, which was declared open by Mozambique’s Prime Minister, His Excellency Carlos Agostinho do Ros?rio, was attended by ministers, regulators, national ICT agencies, industry executives, non-profit organisations and academia from the Caribbean, Europe, Africa, South Asia and the Pacific.
“We need to investigate new options to provide broadband, including low-orbit space solutions. To achieve this, more investment is essential. Of course, universal service funds must continue to invest and deliver on increasing access.
Countries must invest in services for their citizens, and in the infrastructure to support the delivery of these services, or they will miss out on the benefits of IoT, Big Data and augmented reality technologies,” Taylor warned.
“It’s important for us to continue developing infrastructures as well as information and communications technology services in order to ensure greater availability and coverage of online services,” the Prime Minister said. Experts at the forum were of the view that internet access is the key to development, being the first step towards a digital nation.
“Big Data, Cloud computing, artificial intelligence, the Internet of Things and 5G will all shape our digital future. They are important steps on the journey towards a digital nation and we need to bring together technologists, regulators and policy makers, not only from the ICT sector, but all the sectors that will depend on the technology, in order to address these challenges,” they added. The theme of this year’s forum was Digital Nations, Digital Wealth, with discussions focused on the prospects for socio-economic growth in a digital future comprising virtual environments, the Internet of Things, Artificial Intelligence, machine-to-machine communications and augmented reality applications. The forum attracted participation from other organisations such as ICANN, Facebook and Huawei who actively contributed to various sessions on universal broadband, regulation of virtual environments, the digital economy, security and privacy.
In Nigeria, broadband penetration has been abysmally low, prompting industry stakeholders to raise concern that Nigeria may not achieve the National Broadband Plan, which targets 30 per cent broadband penetration by 2018, up from the current broadband penetration level of 21 per cent. Their concern however seems not to move the federal government of Nigeria, that has assured Nigerians of surpassing the 30 per cent broadband penetration by 2018, given the current indices on the licensing of two Infrastructure Companies (InfraCos) and the planned licensing of additional five InfraCos that will drive broadband penetration and internet access in Nigeria. At the CTO Forum, consensus emerged from the discussions, which clearly stated that: The journey to the digital future is both individual and collective; Public investment is a necessity to connect the unconnected, as although 3G covers 85 per cent of the world, only half of the world population is connected to the internet.
Other consensus reached, included that: Countries must develop coordinated multi-sectoral strategies for ICTs, to include broadband infrastructure, health, education, agriculture and other areas; IoT and augmented reality may require less and but more flexible regulation; The need to balance open data with privacy; Government to lead by deploying e-government services, among others.
The CTO ICT Forum is the annual ICT conference of the Commonwealth, which is the oldest and largest Commonwealth intergovernmental organisation in the field of ICTs.
With a diverse membership spanning developed and least developed countries, small island developing states, and more recently also the private sector and civil society, the CTO aims to become a trusted partner for sustainable development for all through ICTs.
20 September 2017
Fibre broadband roll-out to Rangiora now complete
Over 7000 homes and businesses in Rangiora can now connect to Enable’s fibre broadband with the network roll-out now completed in the town.
“It’s great to have Rangiora’s fibre network build complete,” said Enable Chief Executive, Steve Fuller. “Rangiora township is the largest community after Christchurch that we are bringing our fibre broadband to. It will be exciting to see how the local community embraces our world-class fibre broadband service.”
When Enable completed its network roll-out in other towns – most notably Rolleston and Lincoln – it has seen these communities embrace the benefits and possibilities of fibre broadband at a tremendous rate. For example, in Lincoln over half of the community is connected and in Rolleston seven in every ten families and businesses are now enjoying the very best internet experience over Enable fibre broadband.
“Exactly how the benefits of a super reliable and ultra-fast broadband service are being realised in our local towns varies from customer to customer,” said Mr Fuller.
“For business owners, it can mean being able to run a digital business close to home, rather than having to have an office in the city, or being able to reach customers around the country or world from a small Canterbury town. For families, the benefits include accessing online entertainment options easily, connecting with family and friends, and learning in new ways.
“We believe the people of Rangiora can now grab the opportunity to be one of the most connected communities in New Zealand – alongside Rolleston and Lincoln – and we sincerely hope you do.”
Enable had previously made its fibre broadband services available to about a third of the town, with a focus on reaching the business community and schools. About a quarter of the Rangiora community has already connected to fibre broadband including all schools, several hundred businesses and almost one thousand homes.
“We thank you – the people of Rangiora – for your support as we have built the network. It is great to see around 1,500 families and businesses already connected to greater opportunities and enjoying Enable’s fibre broadband service,” said Mr Fuller. There are only benefits to be gained from making the switch to fibre broadband for both families and business owners right across greater Christchurch.
A fibre broadband service is generally about the same price as an old copper-based broadband service, and it doesn’t usually cost residential customers anything to connect and very little for businesses to do so.
“Most importantly, people in our community should grab the opportunity to connect now to ensure their internet connection does not restrict what they can do online today or what online services they can take advantage of in the future,” added Mr Fuller. Enable now has almost 55,000 customers connected across its greater Christchurch network, and is connecting around 100 customers a day to fibre broadband. It is about 85 percent of the way through its network roll-out with an end goal of reaching 180,000 homes and businesses. In Waimakariri, Enable is now focused on making services available to the remaining parts of Kaiapoi and Woodend. The Kaiapoi roll-out will be complete by the end of 2017 and Woodend by early next year.
Rangiora school offers more subject options with fibre broadband
Rangiora New Life School Principal Stephen Walters says an instant and seamless connection has revolutionised the way the school operates.
“We’re able to seamlessly stream classes for students that we can’t physically offer. That access can be very important to some students and their families. For example, we have a student enrolled in NCEA Level 2 French who connects via video to a French teacher in Southland along with other students from across the South Island. The same goes for a student enrolled in Te Reo – that cultural connection was very important to her family.
“We have about 20 students in the same boat who are no longer restricted by our curriculum as we can cater for almost anything. It’s now not a problem those students being the only one in the class.
“It’s instant and the connection and learning experience is seamless.”
Rangiora Bakery owner believes fibre broadband is a no brainer for local businesses
Rangiora Bakery Managing Director Ron van Til said switching to fibre broadband has improved their business operation and the experience of having it installed was seamless.
“Fibre broadband has opened opportunities for our business from many perspectives. Everything is instant now – we used to wait for EFTPOS transactions to go through. Now it happens straight away.
“The efficiencies we’ve achieved – including cost savings – has meant we are now a slicker operation.
My advice to any business who has not made the switch is: Do it.
It’s at your door and you’re doing yourself a disservice by not having it.”
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