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Australia raises AUD 544 mln in 1,800 MHz band auction

2016-02-05 08:46:00| Telecompaper Headlines

(Telecompaper) Optus, Telstra, TPG and Vodafone all secured spectrum in Australia's 1,800 MHz band auction, resulting in total proceeds of AUD 543.5 million, the Australian Communications and Media Authority announced. Optus will pay the most, at AUD 196 million, Testra AUS 191 million, TPG Internet AUD 88 million and Vodafone AUD 68 million. The auction of regional lots of 2x5MHz started in November last year and ran for 29 working days. The new frequencies are expected to help the operators strengthen 4G coverage throughout the country. The 1,800 MHz band is already used extensively in major cities. The technology-neutral licences are valid until June 2028. 

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BMO Capital Markets Raises Hub Group Inc (HUBG) Price Target to $39.00

2016-02-05 06:32:38| Logistics - Topix.net

The brokerage currently has a "market perform" rating on the stock. BMO Capital Markets' price target points to a potential upside of 18.36% from the stock's current price.

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Australia's two-month 1800-MHz auction raises A$543.5m

2016-02-05 01:00:00| Total Telecom industry news

Four companies secure spectrum, with Optus and Telstra spending the most.

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Barclays Raises Performance Food Group Co (PFGC) Price Target to $27.00

2016-02-04 22:23:40| Food - Topix.net

The firm currently has an "overweight" rating on the stock. Barclays' price objective would indicate a potential upside of 9.89% from the stock's current price.

Tags: price group food performance

 

Bremer Trust National Association Raises Position in Nike Inc

2016-02-04 05:31:32| Footwear - Topix.net

Bremer Trust National Association raised its stake in shares of Nike Inc by 94.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 71,815 shares of the footwear maker's stock after buying an additional 34,798 shares during the period.

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