AT&T KNOCKS DOWN Language Barriers and 4 Telecom Titans Attracting Interest
AT&T, Inc. (NYSE:T) is currently the only provider offering an on-demand translation service on its mobile devices which efficiently levels all language barriers and creates opportunity for millions. Along with Language Line Services, a company providing language solutions and telephonic interpretation, AT&T has recently developed a new on-demand interpreter solution. This service is able to automatically identify a speaker’s language and an interpreter will be put on line during the call. The shares traded down $0.20 (0.39%) recently at $35.37.
Sprint Nextel Corp. (NYSE:S) Chief Executive Dan Hesse intends to begin a high-speed wireless service in five U.S. cities by July 15, which could be imperative to efforts against competition Verizon Wireless and AT&T Inc. Sprint, who is currently No. 3 in U.S. mobile service, is currently upgrading its network via Long Term Evolution (LTE) high-speed technology, the same as its rivals, but it trails Verizon by a year-and-a-half and AT&T by 10 months. The shares traded up $0.13 (4.15%) recently at $3.26.
Verizon Communications Inc. (NYSE:VZ), who invests in 80 underwater cable systems, and a U.S. energy companies’ industry group has joined President Barack Obama’s administration in order to support a global maritime accord. The ratification of the 1982 United Nations Convention on the Law of the Sea will offer confidence to U.S. companies who invest in often contested international waters, the Senate Foreign Relations Committee was told by trad organizations today. The shares traded down $0.19 (0.43%) recently at $43.97.
Vodafone Group plc (NASDAQ:VOD): Northern & Central Europe will have Philipp Humm as CEO, beginning October 1. He joins Vodafone from T-Mobile USA (DTEGY) where he was President and CEO since 2010. The shares remained flat recently at $28.21.
Level 3 Communications Inc. (NASDAQ:LVLT): According to William Blair, Cogent Communications (NASDAQ:CCOI) is a main bandwidth supplier for Netflix’s (NASDAQ:NFLX) Open Connect content delivery network. The firm mentions that previously, Netflix used Akamai (NASDAQ:AKAM), Limelight (NASDAQ:LLNW), and Level 3 (NASDAQ:LVLT) for its CDN connectivity, but currently moves toward in-house solutions. William Blair views this as a big opportunity for Cogent and maintains an Outperform rating on the stock. The shares traded down $0.33 (1.54%) recently at $21.16.
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