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EXFO

EXFO Inc.

$4.35

-0.05 (-1.14%)

, CHL

China Mobile

$51.97

0.45 (0.87%)

18:01
01/22/18
01/22
18:01
01/22/18
18:01

EXFO partners with China Mobile to prepare network for IoT

EXFO Inc. (EXFO) announced that China Mobile Communications Corporation (CHL), with the support of EXFO's test solution-the only one that covered all the test requirements-successfully concluded a performance verification test for the core networks from 4 major vendors, confirming whether these NFV-based networks can individually support 5 million narrowband IoT devices. Since NB-IoT specification got ratified in June 2016, communication service providers have been preparing to roll out this service in their network. They are upgrading their network by deploying additional features to handle the tremendous capacity that the millions of Internet of Things devices will need. Handling the IoT traffic is fundamentally different from the traditional mobile broadband or VoLTE traffic. Validating the equipment and the network is crucial to ensure that they deliver the quality of experience expected by end users while avoiding costly post-deployment faults.

EXFO

EXFO Inc.

$4.35

-0.05 (-1.14%)

CHL

China Mobile

$51.97

0.45 (0.87%)

EXFO EXFO Inc.
$4.35

-0.05 (-1.14%)

CHL China Mobile
$51.97

0.45 (0.87%)

08/24/17
RILY
08/24/17
NO CHANGE
RILY
Buy
China Mobile tender 'could be needle-mover,' but mix unclear, says B. Riley
B. Riley analyst Dave Kang noted that China Mobile (CHL) has issued a procurement notice for approximately 42,000 ports, but said there was no information on the mix of 10G/100G, which would be the most relevant information to determine its significance. Various industry executives he spoke with said it would be difficult to assess the impact of the tender without knowing the mix of 10G/100G and share allocations between customers. If this tender is mostly for 100G, it "could be a needle-mover for the optical component industry," added Kang, who has a Buy rating on Lumentum (LITE) shares.
08/24/17
STFL
08/24/17
NO CHANGE
STFL
China Mobile tender positive for optical industry, says Stifel
After China Mobile (CHL) released a tender for about 42,200 WDM/OTN device boards and ports, Stifel analyst Patrick Newton says the news are a positive for the optical industry, particularly for investor sentiment. The analyst believes the China Mobile tender is indicative of a thawing in metro tenders and deployments in China, which should eventually bode positively for those exposed to China, specifically Oclaro (OCLR), Lumentum (LITE), and Finisar (FNSR). Nonetheless, Newton continues to see a challenging environment in China, but hopes the September quarter will represent a bottom for fundamentals.
08/30/17
BOFA
08/30/17
INITIATION
BOFA
Buy
China Mobile reinstated with a Buy at BofA/Merrill
BofA/Merrill analyst Danny Chu reinstated China Mobile with a Buy citing rising free-cash-flow from stable operating cash flow and slowing capex, and 4G business dominance.
12/20/17
RILY
12/20/17
NO CHANGE
Target $89
RILY
Buy
Lumentum to supply China Telecom's ROADM deployment, says B. Riley FBR
B. Riley FBR analyst Dave Kang says multiple Chinese media sources indicate that China Telecom (CHA) plans to deploy a ROADM-based network in both Northern and Southern China after successfully deploying a similar network in the middle and lower sections of the Yangtze River region. The analyst believes Lumentum (LITE) will be the primary supplier of ROADMs, or reconfigurable optical add/drop multiplexers. He points out the company's management recently indicated that several products, including ROADMs, have been expedited by Chinese customers. Further, Kang expects China Mobile (CHL) to follow China Telecom's lead, most likely in mid-2018. The analyst thinks the Chinese ROADM cycle will be an important catalyst for Lumentum in 2018 and beyond. The stock is up 11c to $53.51 in afternoon trading. Kang has a Buy rating on Lumentum with an $89 price target.

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PAA

Plains All American

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COP

ConocoPhillips

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FSUMY

Fortescue Metal

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PEP

PepsiCo

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0.23 (0.20%)

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MTW

Manitowoc

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Caterpillar

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Manitowoc

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Caterpillar

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DE

Deere

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Generac

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CZR

Caesars

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0.075 (0.65%)

19:33
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Conference/Events
Morgan Stanley telecom analyst to hold an analyst/industry conference call »

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CAAP

Corporacion America Airport

$9.87

0.08 (0.82%)

19:11
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Corporacion America Airport reports June passenger traffic up 5.8% »

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RIO

Rio Tinto

$53.64

-0.36 (-0.67%)

19:08
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Rio Tinto announces Q2 Pilbara iron ore production 88.5Mt, up 14% from last year »

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  • 10

    Sep

CDMO

Avid Bioservices

$4.46

-0.19 (-4.09%)

, IGT

International Game

$24.39

-0.5 (-2.01%)

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On The Fly: After Hours Movers »

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CDMO

Avid Bioservices

$4.46

-0.19 (-4.09%)

IGT

International Game

$24.39

-0.5 (-2.01%)

BGS

B&G Foods

$29.80

-0.2 (-0.67%)

AG

First Majestic

$7.44

-0.265 (-3.44%)

NFLX

Netflix

$400.24

4.32 (1.09%)

ROKU

Roku

$48.27

-0.52 (-1.07%)

AVEO

Aveo Pharmaceuticals

$2.85

-0.055 (-1.90%)

EOLS

Evolus

$25.08

-1.12 (-4.27%)

TRQ

Turquoise Hill

$2.94

0.11 (3.89%)

CARB

Carbonite

$38.40

-0.1 (-0.26%)

RDFN

Redfin

$23.99

0.46 (1.96%)

NAKD

Naked Brand Group

$4.95

-0.15 (-2.94%)

MTW

Manitowoc

$26.99

-0.52 (-1.89%)

AMZN

Amazon.com

$1,822.02

9.02 (0.50%)

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    Aug

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    Aug

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    Jul

T

AT&T

$31.90

0.24 (0.76%)

18:58
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Warner Bros.' 'Aquaman' film out in theaters December 21 »

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SBGI

Sinclair Broadcast

$29.10

-3.9 (-11.82%)

, TRCO

Tribune Media

$32.05

-6.55 (-16.97%)

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Sinclair Broadcast 'shocked and disappointed' by FCC Chairman Pai's statement »

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SBGI

Sinclair Broadcast

$29.10

-3.9 (-11.82%)

TRCO

Tribune Media

$32.05

-6.55 (-16.97%)

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  • 08

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DE

Deere

$136.19

-1.41 (-1.02%)

18:49
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CAT

Caterpillar

$138.06

-2.68 (-1.90%)

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RIO

Rio Tinto

$53.64

-0.36 (-0.67%)

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  • 10

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NFLX

Netflix

$400.24

4.32 (1.09%)

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Breaking Hot Stocks news story on Netflix »

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  • 16

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NFLX

Netflix

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4.32 (1.09%)

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Breaking Hot Stocks news story on Netflix »

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  • 16

    Jul

IBM

IBM

$145.43

-0.48 (-0.33%)

, GRPN

Groupon

$4.70

0.025 (0.53%)

18:32
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Periodicals
IBM seeks $166.5M in damages from Groupon in patent lawsuit, Bloomberg says »

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IBM

IBM

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Groupon

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  • 18

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LGF.A

Lionsgate

$25.33

-0.58 (-2.24%)

, LGF.B

Lionsgate

$23.85

-0.69 (-2.81%)

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Lionsgate announces Dr. John Malone, Scott Paterson to retire from board »

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Lionsgate

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Lionsgate

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  • 09

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GNRC

Generac

$52.40

-0.585 (-1.10%)

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MTW

Manitowoc

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NFLX

Netflix

$400.24

4.32 (1.09%)

18:27
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NFLX

Netflix

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Netflix says far from reaching a limit on pricing in India »

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  • 16

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FCPT

Four Corners Property Trust

$24.83

-0.06 (-0.24%)

18:24
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Four Corners Property Trust acquires Buffalo Wild Wings restaurant for $3.6M »

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ASOMY

Asos

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(0.00%)

18:14
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