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Orange SA expands 4G/LTE coverage in more than 1300 localities

Orange SA (ADR) (NYSE:ORAN) expanded its 4G/LTE coverage in more than 1,300 localities after taking into consideration the responses given by 26,000 3G and LTE customers during a survey conducted through its ‘4G Orange Fun Kit’ app in 2016. Following upgrades made in the last quarter of 2016, Orange’s 4G/LTE network in Romania is now present in 6,723 municipalities nationwide. In addition, network densification works were made in counties and areas with a high LTE coverage, such as Bucharest and Ilfov. The operator’s LTE network covers 97 percent of the urban population and 81 percent of the total population.

At the movement Orange SA (ADR) (NYSE:ORAN) is under coverage by number of analysts. Buy rating has been given by 1 analysts to the company stock. The consensus recommendation by Thomson Reuters analysts is Buy and their mean rating for the stock is 1.00 on scale of 1-5. Analysts mean target price for Orange SA (ADR) (NYSE:ORAN) is $18.81 while their mean recommendation is 3.00 (1=Buy, 5=sell).

If we look at stock performance in last active day trading, we see that stock has moved up 0.79% to end the day at $15.37. Company price to earnings (P/E) ratio, which measures the relationship between the earnings of a company and its stock price, is calculated as 15.65. The current share price indicate that stock is -12.31% away from its one year high and is moving 9.94% ahead of its 52-week low.

The New York Times Company (NYSE:NYT) announced that new Times digital subscribers who sign up for a one-year All Access subscription will receive free, unlimited access to Spotify Premium. The special offer requires a one-year commitment and is available for a limited time to U.S. residents who are not current subscribers to The New York Times or Spotify Premium. For $5 a week, subscribers will receive unlimited access to NYTimes.com and its mobile apps, plus unlimited access to Spotify’s catalogue of more than 30 million songs and two billion playlists. The offer is designed to enrich the lives of subscribers by providing access to all the news and all the music they need to stay informed and be entertained throughout their day. “At The Times we are not only dedicated to helping our readers understand the rapidly changing world around them, but also to helping them live better lives,” said Meredith Kopit Levien, executive vice president and chief revenue officer, The New York Times Company. “News and music have gone hand-in-hand since the early days of radio, and because personalization and curation are central to what both The Times and Spotify do so well, we created an experience for Times readers that gives them access to all the news and all the music that they want in one premier subscription.”

On 08 February 2017, The New York Times Company (NYSE:NYT) shares moved to $14.80 after starting the day at $14.60. Number of analysts are covering this stock and currently 4 analysts given HOLD rating to the stock. Analyst’s mean target price for NYT is $12.67 while analysts mean recommendation is 3.00.



Source: https://www.benchmarkmonitor.com/2017/02/09/orange-sa-oran-expand-4glte-coverage-in-more-than-1300-localities/

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