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Nortel Inversora S.A. Announces Consolidated First Half Results for the Fiscal Year Ending December 31, 2013PR Newswire (Jul 30, 2013)
Nortel Inversora S.A. Announces Consolidated Annual Results for the Fiscal Year Ending December 31, 2012PR Newswire (Feb 28, 2013)
Nortel Inversora S.A. Announces Consolidated First Half Results for the Fiscal Year Ending December 31, 2012PR Newswire (Jul 31, 2012)
NTL vs. ETF Alternatives
Tuesday, Aug 1312:49 PMTelecom Argentina soars; is Telecom Italia planning to sell its stake?
Tuesday, Aug 1312:49 PM| 5 Comments
- Shares of Telecom Argentina (TEO +8.1%) are up sharply, even though no news has hit the wires.
- 54.7% of TEO shares are owned by Nortel Inversora (NTL +7.6%), itself 68% owned by Telecom Italia (TI) and 32% owned by the Werthein Group. (20-F)
- One possible reason for today's jump is the potential of a sale by Telecom Italia of its 37.2% indirect stake in TEO, as the Italian giant contends with the threat of a credit downgrade. The beleaguered telco recently ruled out floating a stock offering as a means to pare its onerous €28.8B net debt load, and has nixed a number of other strategic alternatives.
Thursday, Oct 302008, 8:26 AMEarly premarket gainers: OI +25%. BRCD +20% FDRY +195. DB +18%. CEO +155. FSLR +15%. CS +14%. MYL +13%. NTL +13%. STD +12%. ING +12%. SOLF +12%. VIP +11%. MTG +14%. CSIQ +12%. TSL +11%. PTR +11%. ACH +11%. STP +10%. MT +10%. HBC +10%. CHL +9%. LDK +9%. DAL +9%. RTP +9%. YGE +9%. BCS +9%. ENR +9%. DRYS +8%. |Thursday, Oct 302008, 8:26 AM| Comment!