Canada Pension Plan Investment Board Makes New $1.23 Million Investment in China Telecom Co. Limited (NYSE:CHA)

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Canada Pension Plan Investment Board purchased a new stake in shares of China Telecom Co. Limited (NYSE:CHA) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 43,900 shares of the utilities provider’s stock, valued at approximately $1,232,000.

Several other large investors also recently modified their holdings of the company. Eqis Capital Management Inc. increased its holdings in shares of China Telecom by 2.2% during the first quarter. Eqis Capital Management Inc. now owns 17,268 shares of the utilities provider’s stock valued at $695,000 after acquiring an additional 366 shares in the last quarter. Invesco Ltd. increased its holdings in shares of China Telecom by 3.2% during the first quarter. Invesco Ltd. now owns 12,323 shares of the utilities provider’s stock valued at $376,000 after acquiring an additional 385 shares in the last quarter. UBS Group AG increased its holdings

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Glenmede Trust Co. NA Has $221,000 Stock Position in Chunghwa Telecom Co., Ltd (NYSE:CHT)

derry wae

Glenmede Trust Co. NA raised its position in shares of Chunghwa Telecom Co., Ltd (NYSE:CHT) by 11.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,618 shares of the utilities provider’s stock after purchasing an additional 572 shares during the period. Glenmede Trust Co. NA’s holdings in Chunghwa Telecom were worth $221,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Parametric Portfolio Associates LLC raised its position in Chunghwa Telecom by 8.7% during the first quarter. Parametric Portfolio Associates LLC now owns 908,448 shares of the utilities provider’s stock valued at $32,314,000 after purchasing an additional 72,796 shares in the last quarter. Schroder Investment Management Group raised its position in Chunghwa

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SK Telecom (NYSE:SKM) Cut to “Hold” at Zacks Investment Research

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Zacks Investment Research downgraded shares of SK Telecom (NYSE:SKM) from a buy rating to a hold rating in a research report report published on Tuesday, Zacks.com reports.

According to Zacks, “SK Telecom Co. is the world’s first commercial CDMA digital cellular service. As of September 30, 1997, they have provided the highest quality service for more than 4 million cellular customers which includes 2.3 million digital cellular customers, and 7.1 million paging customers. “

Separately, Goldman Sachs Group began coverage on shares of SK Telecom in a report on Thursday, August 20th. They issued a buy rating on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. SK Telecom has an average rating of Hold and a consensus target price of $23.00.

Shares of SKM stock opened at $22.97 on Tuesday.

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Frontier Taps Former Verizon Executive to Lead Telecom Out of Bankruptcy

Frontier Communications Corp.


FTRCQ 0.63%

named John Stratton as its executive chairman, tapping a longtime telecom operator to lead the internet provider as it looks to win back customers’ trust after bankruptcy.

The former

Verizon Communications Inc.


VZ -0.21%

executive’s appointment signals Frontier’s ambitions to keep growing if federal and state regulators approve its reorganization plan. A federal judge last month approved a plan that could move the business out of bankruptcy by early 2021.

Frontier filed for bankruptcy protection in April to implement a prearranged $10 billion debt-cutting proposal backed by bondholders. Those bondholders named Mr. Stratton a board observer in May and picked him for the executive chairman seat. The appointment is expected to become effective once the Norwalk, Conn., company completes its trip through bankruptcy.

Frontier’s reputation among customers has suffered in recent years as its network of digital subscriber lines failed to deliver the data rates

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GIC, Brookfield Team Up On $3.4B Indian Telecom Biz Deal

Law360 (September 1, 2020, 10:28 AM EDT) — A group featuring Singapore sovereign investor GIC and Brookfield Infrastructure Partners has agreed to buy an India-based telecom tower business featuring about 135,000 communication towers from Reliance Industrial Investments and Holdings Ltd. for roughly $3.4 billion, the companies said Tuesday.

The terms of the transaction will see the group — comprising affiliates of GIC Pte. Ltd., Brookfield and other unidentified co-investors — acquire the telecommunication network of Reliance Jio Infocomm Ltd., which is a subsidiary of Indian conglomerate Reliance Industries Ltd., according to a statement from GIC. 

The target’s portfolio includes about 135,000 communication towers that were recently erected and are…

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LOGIX Fiber Networks Hires Telecom Veteran Craig L. Collins as Chief Executive Officer

HOUSTON–(BUSINESS WIRE)–Sep 1, 2020–

LOGIX Fiber Networks, a Texas-based provider of highly secure fiber-based data, voice and data center services is proud to announce that Craig L. Collins has been appointed Chief Executive Officer and board member, effective September 15, 2020. Matt Murphy, a Partner at Astra Capital Management, who was the Interim CEO over the past year, will continue in his role as Chairman of the Board of Directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200901005299/en/

Craig L. Collins has been appointed Chief Executive Officer of LOGIX Fiber Networks, effective September 15, 2020. (Photo: Business Wire)

Collins is a seasoned corporate leader across the technology and telecommunications industries with a 25-year record of improving operations, launching innovative new products, establishing strong cultures, and building high-performance teams to drive revenue growth. Most recently, he was a senior executive at Transit Wireless, a 5G wireless infrastructure

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Global Telecom Service Assurance Market: Analysis, Trends, Size and Forecast to 2026 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Telecom Service Assurance Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2026” report has been added to ResearchAndMarkets.com’s offering.

The report predicts the global telecom service assurance market to grow with a CAGR of 8.9% over the forecast period from 2020-2026.

The report on the global telecom service assurance market provides qualitative and quantitative analysis for the period from 2018 to 2026. The study on telecom service assurance market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and RoW for the period of 2018 to 2026.

The report on telecom service assurance market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global telecom service assurance market over the period of 2018 to 2026. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter’s

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Macquarie Telecom seals new deal with Southern Cross Care WA

Macquarie Telecom has signed a new deal with aged care provider Southern Cross Care Western Australia (SCCWA), facilitating improved connectivity for its senior residents and staff, while lowering operational costs.

The deal sees SCCWA switch its mobile services from a tier one provider to Macquarie, doubling its data allowance while reducing costs by 20%, with the improved mobility service beneficial to help residents and staff stay connected during coronavirus restrictions.

Already a Macquarie customer, Southern Cross Care WA was faced with the conflicting challenges of needing to reduce operational costs while upgrading its technology and telecoms network, much of which was becoming obsolete and presenting a risk to its operations.

“In the early stages of the pandemic, visitor restrictions were put in place to protect the safety of our residents,” said Anirban Talukdar (AT), Head of IT, Southern Cross Care WA
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“Macquarie was quickly able to provide tablets with

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North America Telecom mmWave Technology Market Outlook, 2026

“North America Telecom Millimeter Wave Technology Market By Frequency Band (E-Band and V-Band & Others), By Licensing Type (Light-licensed, Unlicensed and Fully-licensed), By End User (Civil and Military), By Country, Industry Analysis and Forecast, 2020-2026” report has been added to ResearchAndMarkets.com’s offering.” data-reactid=”19″The “North America Telecom Millimeter Wave Technology Market By Frequency Band (E-Band and V-Band & Others), By Licensing Type (Light-licensed, Unlicensed and Fully-licensed), By End User (Civil and Military), By Country, Industry Analysis and Forecast, 2020-2026” report has been added to ResearchAndMarkets.com’s offering.

The North America Telecom Millimeter Wave Technology Market is expected to witness market growth of 32.7% CAGR during the forecast period (2020-2026).

The growing R&D activities in the Millimeter Wave (MMW) technology and the increasingly rising demand for bandwidth-intensive applications are expected to fuel market growth. The need for high-bandwidth applications arises, in particular, from consumer electronic products and handheld devices such as smartphones

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Minister says telecom regulator may have erred with wholesale rate decision

David Paddon, The Canadian Press


Published Saturday, August 15, 2020 9:45AM EDT


Last Updated Saturday, August 15, 2020 2:59PM EDT

The federal government says it’s concerned that a controversial regulatory decision last year may undermine investments in Canada’s communications networks, particularly in rural and remote areas.

However, a statement issued Saturday morning by Navdeep Bains, on behalf of the federal cabinet, says it won’t intervene in the CRTC’s ongoing review of its own decision about wholesale internet rates.

“Our government is working hard to make sure that all Canadians have the access to high-speed Internet,” said Bains, who is minister for innovation, science and industry.

“We encourage all parties to cooperate in the CRTC’s ongoing review of the rates decision to support a timely conclusion that will provide more certainty for all involved parties.”

That CRTC decision, issued Aug. 15, 2019 but put on hold by an appeal court, has

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