The quad play sector has thus far been a mixed bag for TMT operators. While it was seen as a means of diversifying into new product areas and generating additional sales from cross-selling opportunities, for BT (LON:BT.A) and Talktalk (LON:TALK) it has been a different story.
Both companies have lagged the FTSE 100 over the last year by around 25-30%, with internal challenges meaning their near-term outlooks are relatively downbeat. However, with low valuations, sound strategies and income potential, both companies could offer recovery prospects in the long run.
by Tim Price| Economics | 1 mins. to read Perhaps the most remarkable thing about Berkshire Hathaway is not the extraordinary wealth that the business has created for its shareholders, although those fortunes are certainly remarkable. What is perhaps most impressive about Warren Buffett and his right-hand man, Charlie Munger, is that they have made no secret about what they do and why they do it.
by Evil Diaries| Evil Diaries | 2 mins. to read Acacia (LON:ACA) is down again this morning on the supposed news that ACA has been fined $190bn for tax evasion in Tanzania. This compare with ACA's capitalisation at well under $1bn. However, I have read that, possibly, the RNS is incorrect in that the fine is in fact in Tanzanian shillings.
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