4 Telecom Stocks – VOC, TPM, TLS And AYS

4 Telecom Stocks - VOC, TPM, TLS And AYS

Below mentioned 4 telecom stocks have released significant announcement in the recent past. Lets take a closer look at these stocks:

Vocus Group Limited

Australia’s second largest inter-capital network, Vocus Group Limited (ASX: VOC) has reported a statutory revenue of $974.2 million in H1 FY19 which was 0.7% higher than the previous corresponding period. During the half-year period, the revenues were supported by growth in Vocus Networks, but they were negatively impacted by the declining revenues in Vocus Retail segment.  Further, the company reported Underlying EBITDA of $176.4 million which was 7% lower on pcp. In FY19, the company is expecting its Underlying EBITDA to be in the range of $350 Mn – $370 Mn. [optin-monster-shortcode id=”swikrbu1d9j9aq0o4cko”]

Meanwhile, in the last six months, the share price of the company increased by 34.49% as on 27 February 2019. VOC’s shares traded at $3.700 with a market capitalization of circa $2.4 billion as on 28 February 2019.

TPG Telecom Limited (ASX: TPM)

TPG Telecom Limited (ASX: TPM) and Vodafone Hutchison Australia Pty Limited (VHA) have announced a merger of equals transaction in August 2018 to establish Australia’s leading full-service challenger telecommunications provider. The company recently updated the market about the accounting implications arising from its decision to cease its Australian mobile network rollout, as announced on 29 January 2019. As per the update, it is expected that, if the proposed merger with Vodafone Hutchison Australia Pty Limited proceeds, the mobile sites built by TPG Telecom will be complementary to the VHA mobile network. The company will announce its 1H 2019 results on 19 March 2019.

Meanwhile, in the last six months, the share price of the company decreased by 15.53% as on 27 February 2019. TPM’s shares traded at $6.660 (+1.216%) with a market capitalization of circa $6.1 billion as on 28 February 2019.

Telstra Corporation Limited (ASX: TLS)

Telecom company, Telstra Corporation Limited (ASX: TLS) recently released its half-year results for FY 2019.  On a reported basis, the company earned a total income of $13.8 billion and EBITDA of 4.3 billion in 1H FY19. Further, the company reported NPAT of 1.2 billion for H1 FY19. Telstra’s results were impacted by the rollout of the nbn™ network due to which the company’s total income, EBITDA and NPAT in 1H FY19 were down on pcp.

Meanwhile, in the last six months, the share price of the company decreased by 1.08% as on 27 February 2019. TLS’s shares last traded at $3.130 with a market capitalization of circa $37.23 billion as on 28 February 2019.

Amaysim Australia Limited (ASX: AYS)

Amaysim Australia Limited (ASX: AYS) has successfully completed the Institutional Entitlement Offer of its 1 for 2.5 accelerated nonrenounceable entitlement offer which was announced on 26 February 2019. The company was able to raise a total of around $35.1 million via its Institutional Entitlement Offer. The company is seeking to raise a further $15.5 million through its Retail Entitlement Offer which will open on Tuesday, 5 March 2019 and close at 5.00pm (Sydney time) on Monday, 25 March 2019.

Meanwhile, in the last six months the share price of the company decreased by 5.97% as on 21 February 2019 and it traded at a PE multiple of 72.690x. AYS’s shares traded at $0.820 with a market capitalization of circa 199.2 million as on 28 February 2019.


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