Mobile Telesystems OJSC  (MBT) Trade Now »     Rate MBT  -  Discuss MBT  -  Add to Watch List        

New Global Telecom Index Connects Investors to Dividends

Pricing in the alternative telecom sector such as mobile operators is regulated by the operators themselves. Market itself establishes capping. This is not good news for the Russian fixed line telecoms where Russian Ministry of Communication controls the upper limit. So, consider this - who has more freedom to transfer the cost to their customers?

www.investrusska.com

MBT (Russian telephone, internet, and wireless subscriptions!).

And a side note, the presidential election will not stop this company's stock growth as Russia's overall productivity growth and telecommunications always encourages more productivity unless your Silicon Valley high school cheerleaders, in which it only encourages backstabbing and tearful prom queens. 

Due to president election in Russia, all RTS stock market will be under pressure. MBT may go below $55 on NYSE

I would not recomend to buy any Russian RTS 1 stocks.. (stocks listed outside Russian Trading System)

But there is a great stocks on RTS 2 market, these stocks not listed on London SE or NYSE so they not overbought.

AND PLEASE, DONT USE RUSSIAN TRADING SYSTEM (RTS) FOR DAY TRADING..

"The third quarter ends in just a few weeks, and the market landscape is strikingly different today than when it started," says Michael Ashbaugh.

In his top-notch The MarketWatch Technical Indicator, the advisor offers a technical assessment for the market averages as well as for a trio of global wireless stocks that now appear on his radar watch list.

"The major U.S. benchmarks are consistently pressing the year's best levels, with the S&P and the Nasdaq clearing major resistance.

Although in Q4 2008, Mobile Telesystems [MTS] (MBT) suffered a disastrous $794.8 million foreign exchange loss to reflect book value of the company’s foreign-denominated debt due to the weak ruble, there are plenty of signs Russia’s largest mobile operator is worth investing in now. Revenue grew 4.0% to $2.42 billion from $2.33 billion a year ago, which is healthy in the current economic climate. Taking into account that the ruble declined by 16% against the dollar in the last three months of 2008, this is a signal that Mobile Telesystems is a very robust play indeed.

Filed under: International markets, Russia, Newsletters, Stocks to Buy

International expert Yiannis Mostrous has long been a fan of global telecom stocks as ways US investors to access emerging markets. In his The Silk Road Investor, he looks at favorite plays on Russia, Indonesia and the Philippines.

"Philippine Long Distance Telephone (NYSE: PHI) reported solid 2008 results, with revenue rising 7% from 2007 levels to USD800 million. Profits were up 13% to US $200 million.

Yiannis Mostrous, editor of The Silk Road Investor, has long been a fan of global telecom stocks; his latest featured buy is Russian telecom, Mobile Telesystems (NYSE: MBT).

"Mobile TeleSystems recently reported solid fourth quarter earnings.

"Revenues were up 4% year over year to USD2.4 billion, and earnings before interest, taxes, depreciation and amortization (EBITDA) increased by 3% to USD1.16 billion.

"Ukraine, Uzbekistan and Turkmenistan were the star performers, as growth from these markets came in much stronger than expected.