Seeking Alpha: America Movil Going Global In A Search For Value

The last year has been a challenging one for America Movil (AMX). While profits are improving in the Brazilian operations, a softer Mexican economy impacted results as regulators increasingly look to clip America Movil's wings. A recent decision to assume operating control of Telekom Austria (OTCPK:TKAGY) is not at all surprising, but the company has yet to clearly outline the value proposition for expansion into Europe as opposed to other Latin American markets. All told, America Movil is likely undervalued today on the basis of is long-term cash flow generation potential, but the company will likely have to show that it can deal with the new regulatory system in Mexico and extract value from Telekom before the Street gives it the full benefit of the doubt.

Follow the link to continue:
America Movil Going Global In A Search For Value

Seeking Alpha: Millicom Needs To Improve Margins To Unlock Value

The glory days of wireless service growth appear to be over. Most markets have at least three competing companies, and even those few remaining virgin markets have been demanding expensive concessions from operators. In the case of Millicom (OTCPK:MIICF), then, the question is whether or not the company can use better margins as a driver of shareholder value. Though the company has the opportunity to grow its cable and multi-play services in Latin America and benefit from underpenetration in Africa, management will likely find it easier to deliver incremental growth through cost containment.

Read more here:
Millicom Needs To Improve Margins To Unlock Value

Investopedia: America Movil Sees An Uptick, But Strategy Still Uncertain

Investors in large Latin American mobile phone service provider America Movil (NYSE:AMX) have gotten a respite lately from the worries about serious changes to the regulatory environment in Mexico. A decent earnings report showed that there's still some room for performance, while a transaction in Europe highlighted the potential value of at least one of its strategic investments. All told, though, this is a company still facing some serious challenges in its business, and one where investors still aren't completely confident in management's long-term ambitions.

Please read more here:
http://www.investopedia.com/stock-analysis/072913/america-movil-sees-uptick-strategy-still-uncertain-amx-tef-kkpny.aspx

Investopedia: Does AT&T Have Global Ambitions?

Monday is often the day for deals and rumors, and a doozy in the telecom market quickly made the rounds. Depending upon which reports you believe, AT&T (NYSE:T) either made a bid for Telefonica (NYSE:TEF) and was rebuffed by the Spanish government, or no such approach was ever made. In either case, it is not altogether surprising that AT&T would be entertaining global ambitions, and Telefonica is certainly a business that could be worth quite a bit more if cleaned up and improved. By the same token, this is not the only potential asset that could appeal to AT&T.

Please follow this link for more:
http://www.investopedia.com/stock-analysis/061713/does-att-have-global-ambitions-t-tef-amx-viv-fte.aspx

Investopedia: Increasing Regulatory Burdens Depressing America Movil's Growth

America Movil (NYSE:AMX) has historically been a pretty popular one-stop-shop pick for investors looking for broad exposure to Latin American consumer demand. While the markets have long since evolved beyond a point where investors had few emerging market choices beyond banks, telecom providers, and utilities America Movil still serves a growing region with an increasing focus on high-value bundled services. Worries about regulatory burdens have pushed these shares into value territory, but investors need to appreciate that the company is past the point where underlying market growth can patch over any and all problems.

To read more, please follow the link below:
http://www.investopedia.com/stock-analysis/061013/increasing-regulatory-burdens-depressing-america-movils-growth-amx-tef-nihd-viv-oibr.aspx

Investopedia: Verizon, AT&T, And Vodafone - Here We Go Again

Large companies aren't really famous for being good at sharing. With that in mind, the shared ownership of Verizon Wireless between Verizon (NYSE:VZ) and Vodafone (Nasdaq:VOD) has always seemed inherently unstable. While the companies once contemplated an IPO for the business, the decision to maintain the status quo has led to nearly annual speculations as to whether the two companies will reach agreement on some sort of M&A transaction.  

Whether it's due to real interest or just the fact that the market is in a dry patch for news prior to the next earnings cycle, these rumors have heated up once again. In an interesting twist, rumors are now including AT&T (NYSE:T) as a potential third party to facilitate a transaction that would essentially split up Vodafone between the two American carriers.

Please continue here:
http://www.investopedia.com/stock-analysis/040213/verizon-att-and-vodafone-%E2%80%93-here-we-go-again-vz-t-vod-amx.aspx

Seeking Alpha: America Movil Still A Buy After Painful Margin Squeeze

For short-term investors, America Movil's (AMX) fourth quarter report was a wreck. For long-term investors, though, I don't think it changes much of anything. Weaker margins are never a good thing, but America Movil is following a long-term gameplan for wireless voice and data growth, and its rivals are going to hard-pressed to compete so fiercely on price indefinitely. America Movil is by no means the growth stock it once was, but today's steep earnings-induced decline and long-term plan make it a more interesting name for GARP investors.

Please continue here:
America Movil Still A Buy After Painful Margin Squeeze

Seeking Alpha: Is America Movil Still A LatAm Growth Story?

Like people, companies change as they grow older. America Movil (AMX) was once a premier Latin American growth stock at a time when retail investors had few good options for investing in that region. Since then, both the company and its markets have matured, and investors now have numerous other options for investing in emerging markets. Given the company's maturing model and its ventures into Europe, is America Movil still a growth stock and is it still worth owning?

Please read more here:
Is America Movil Still A LatAm Growth Story?

Investopedia: Should Investors Direct Their Portfolio Toward DIRECTV?

Investors with a few gray hairs may remember when DIRECTV (Nasdaq:DTV) was a controversial stock, with plenty of doubters as to whether this company's satellite-based pay TV approach could ever make hay against likes of Comcast (Nasdaq:CMCSA). That debate is long over, and the company has proven that it can generate pretty significant amounts of cash flow. That doesn't mean that the stock still doesn't offer some controversy, though, with the debates now shifted as to whether the company can withstand the evolving competition of the pay TV market in the United States and continue to grow in Latin America.

Please continue here:
http://www.investopedia.com/stock-analysis/2012/Should-Investors-Direct-Their-Portfolio-Toward-DIRECTV-DTV-DISH-CMCSA-AMX1204.aspx

Investopedia: Telefonica Still Has To Muddle Through The Mess In Spain

The ongoing slow-motion train wreck that is Spain has dragged down plenty of otherwise companies, and Telefonica (NYSE:TEF) definitely belongs on the list. Although Telefonica's health isn't tied to the solvency of Spain as much as other major banks such as Santander (NYSE:SAN) or BBVA (NYSE:BBVA), the state of the economy there still does make a big difference. With hefty debt and a global decline in the returns of wireless as an industry, Telefonica has its challenges. Although the company's debt load is a roadblock to significant value for the shares today, I wouldn't completely count out this company (or its shares).

Please click here for more:
http://www.investopedia.com/stock-analysis/2012/Telefonica-Still-Has-To-Muddle-Through-The-Mess-In-Spain-TEF-VOD-AMX-FTE0921.aspx

Investopedia: Vivendi Needs Cooperation To Turn Around

There's only so much that any company can do on its own, particularly when a major part of its restructuring plans revolve around selling assets at fair prices. But that is the situation facing Vivendi (OTC:VIVEF) today; while there is indeed ample capacity for the company to improve internal operations and returns, it seems like a lot of value realization rests on finding buyers for various parts of the business. Although Vivendi does appear to be worth meaningfully more than today's market value, investors should underestimate the time and work it may take for that value to come to fruition.

Continue here:
http://www.investopedia.com/stock-analysis/2012/Vivendi-Needs-Cooperation-To-Turn-Around-VIVEF-ATVI-MSFT-AMX0830.aspx

Seeking Alpha: MTN Group - A High-Quality Play On Africa's Potential

Africa really is the dark continent when it comes to investment options for American investors. While there are growing stock exchanges across the continent, there are few cross-listings in the United States and few liquid ADRs. While direct investment is always an option for the especially brave and ETFs like Market Vectors Africa (NYSE: AFK) or S&P Emerging Middle East & Africa (NYSE: GAF), I would suggest risk-tolerant investors take a look at MTN Group (Nasdaq: MTNOY.PK). Not only is MTN Group a well-run company in its own right, it's a potential direct beneficiary of rising incomes and standards of living across Africa.

The Basics
What MTN Group does is not very complicated. MTN is the dominant wireless service provider in much of Africa. It is an African version of Verizon (NYSE: VZ), America Movil (NYSE: AMX), or Vodafone (NYSE: VOD). MTN Group is presently licensed to operate in 21 countries and is further authorized to offer internet services in 13 countries.

Please click the link for more:
MTN Group: A High-Quality Play On Africa's Potential

Seeking Alpha: Has The Tide Finally Turned For Turkcell

The stock market performance of Turkey's largest mobile phone operator (and arguably the best-known Turkish company to U.S. investors) Turkcell (TKC) has never been what anybody would call stable, but the last four years have been rough indeed. Although Turkcell looks promisingly cheap by many metrics, investors may not find as much value here as they hope.

Has The Bleeding Stopped?
The biggest problem for Turkcell has been competition; regulators in Turkey have wanted more competition in mobile phone services and have imposed mobile termination rate and interconnect fee cuts as a means of achieving that. Something similar has happened to America Movil (AMX) recently and Turkcell doesn't have the luxury of strong growth outside of Turkey to offset the damage. As if that weren't enough, rivals Vodafone (VOD) and Avea (mostly owned by Turk Telecom) have sought to build share by aggressive under-cutting Turkcell on pricing.

Please read more here:
Has The Tide Finally Turned For Turkcell?

Seeking Alpha: America Movil - "Mature" Doesn't Mean Dead

Although the suppliers of consumer essentials like wireless phone service are supposed to be the safer, less-volatile way to play emerging markets, that wasn't the case in 2011. To name just one example, Latin American giant America Movil (NYSE: AMX) basically fared just as bad as the broader Mexican and LatAm stock markets. While the America Movil story is no longer about pioneering the expansion of wireless service south of the U.S. border, the fact remains that value remains in one of the best-run emerging market corporations.

Trying To Surf Changing Tides In Mexico
America Movil started off as a spin-off of Mexico's fixed-line operator Telmex and Mexico is still a crucial market for the company. More than one-third of the company's revenue comes from here and more than half of corporate EBITDA, due in large part to its approximately 70% share of the wireless market.

Please click here for more:
America Movil - 'Mature' Doesn't Mean Dead