Seeking Alpha: MTN Group One Of The Few Telcos With Real Growth Opportunities

I've lamented on more than one occasion that growth is getting harder and harder to find for many, if not most, global wireless service providers. Not only are most developed markets already saturated, but many so-called emerging markets have already emerged, leaving many service providers with few options other than to engage in withering price and marketing competition. That's not the case for Africa's MTN Group (OTCPK:MTNOY), as the company continues to see high single-digit sub growth overall across its 22 markets. Better still, data, mobile money, and higher end services (3G and so on) are only just starting to make real contributions to results. MTN Group doesn't offer a rock-bottom valuation, but the growth prospects are good enough to make this a name worth consideration.

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MTN Group One Of The Few Telcos With Real Growth Opportunities

Seeking Alpha: Will Vivendi Make The Best Use Of Its Incoming Tsunami Of Cash?

Vivendi (OTCPK:VIVHY) investors are finally getting what they've long said (or most of them, at any rate) they want - management is unwinding the conglomerate, having sold down its stake in Activision Blizzard (ATVI) and reached agreements to sell Maroc Telecom and SFR. The sale of the latter two will bring in close to EUR 17.2 billion, leaving the company's management with a lot of options regarding the future.

The company has already announced significant dividend payouts over the next two years, but between the remaining cash, additional asset sales, and levering up the business, Vivendi has billions to spend. The biggest question for investors now is whether management is likely to identify value-building acquisitions or whether it would be best (and/or likely) to sell even more.

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Will Vivendi Make The Best Use Of Its Incoming Tsunami Of Cash?