2pm UK-Telefonica ESG team: Two weeks ago, we published a thematic note looking at ESG (see HERE). ESG is one of the biggest global investment themes: ESG funds are on track to reach US$50trn by 2025 (c36% of global AUM from c25% today) and the Green Bond market set to grow to USS$11trn in the next five years from US$3trn today, which means that those companies that score highly should benefit from ESG funds flow.

Vodafone's announcement earlier this year that it plans to invest an incremental €400m/ annum into Business initiatives sent a shock to the market, but given Vodafone operates in markets where it expects Business revenues to grow at 8%/ annum, this incremental investment could offer a significant pivot in Vodafone's growth outlook with a reasonable ROCE.

1:30PM UK / 8:30AM ET

12:30am London, 9:30am Tokyo, 8:30am HK/SIN, 10:30am SYD, 4:30pm PT, 6:30pm CT, 7:30pm ET

14:30 GMT.

2.30pm UK time/ 9.30am ET - New Street Research is delighted to be hosting virtual investor meetings with the CEO/CFOs of all 4 major German telecoms operators - focusing in more detail on the largest market in Europe.

2.30pm UK time/ 9.30am ET - New Street Research is delighted to be hosting virtual investor meetings with the CEO/CFOs of all 4 major German telecoms operators - focusing in more detail on the largest market in Europe.

4pm UK time/ 11am ET - New Street Research is delighted to be hosting virtual investor meetings with the CEO/CFOs of all 4 major German telecoms operators - focusing in more detail on the largest market in Europe.

A unique opportunity for investors to engage with Infineon’s long-standing CEO, Dr. Reinhard Ploss, and hear his perspective on Infineon, the power semiconductor market and upcoming inflection points.

11am ET, 4pm UK time-We have the pleasure of hosting Alan Weckel, co-founder of 650 Group, market intelligence research firm focused on Cloud, IoT, Networking and the Communication market, for a virtual investor meeting.

10AM ET / 3PM UK- Hoping to better reflect recent market sentiment, the Nubank IPO range was perhaps unsurprisingly cut last night: to $8-9/share from $10-11 previously.

What's new: We are adding to our longer slide deck from Monday with a handful of slides to show updated valuation comparisons at the lowered range.

11AM ET-This will be an update on the controversies that continue to swirl around our sector. For the last several months, issues in our sector have been cropping up continuously, and questions have been coming in faster than we can type responses, so we thought we would host a call to run through our most updated thoughts on the following critical controversies.

5:30 pm EST-SoftBank Group is one of our high long-term conviction calls. We expect strong momentum of last quarter to continue into the second half of the year, driven by a strong IPO pipeline of the Vision Fund and continued disciplined capital returns.

9:00 am EST (10PM HKT).

930AM EST (1030PM HKT). Jin will discuss his feedback, and key takeaways post his Kuaishou (BUY) management callback on the 3Q21 print.

12am (midnight) PT, 2am CT, 3am ET, 8am London, 5pm Tokyo, 4pm HK/SIN, 7pm SYD.

12am (midnight) PT, 2am CT, 3am ET, 8am London, 5pm Tokyo, 4pm HK/SIN, 7pm SYD-Yusaku Koayashi, Director.

3am PT, 5am CT, 6am ET, 11am London , 8pm Tokyo, 7pm HK/SIN, 10pm SYD-Jing Ma, Head of IR. Spaces are limited, so please contact your New Street Research representative if you wish to join (see below for contact details).

12pm ET: STRATEGY, CORPORATE DEVELOPMENT & IR (ANDRE CHAVES, LISSA SCHREURS).

12am (midnight) London, 9am Tokyo, 8am HK/SIN, 11am SYD, 4pm PT, 6pm CT, 7pm ET. Spaces are limited, so please contact your New Street Research representative if you wish to join. I

4am PT, 6am CT, 7am ET, 12pm (noon) London, 9pm Tokyo, 8pm HK/SIN, 11pm SYD-Jeremy Tonkin, Head of IR

11:30AM EST (NOV 19TH, 12:30AM HKT)

10AM EST (11PM HKT)

10:00AM EST (11:00 PM HKT)-Call with focus primarily on e-commerce industry in China, latest developments and updates on 11/11 sales, and other potential readthroughs to partners including JD, PDD, VIPS and Alibaba.

10AM ET/3PM UK-we will discuss our recent Deep Dive work on the Global EM Telco sector and the opportunity for investors to make money over the next 3-4 years.

9AM EST (10PM HKT)-Jin will discuss his feedback, and key takeaways post his Weibo (BUY) management callback on the 3Q21 print.

9AM ET / 2PM UK TIME-For BT, recently there has been a lot of focus on regulatory FTTH pricing and evolving network competition, but let's not forget that BT Consumer is BT's largest revenue generating unit with almost half of the group revenues, and is the second largest EBITDA contributor with c.30% of Group EBITDA.

11AM EST (NOV 11TH 12AM HKT)

10:00am ET-The Vision Fund is core to our conviction on SoftBank Group. We see material potential upside, and while we recognize downside risks, we see them as largely absorbed by the way the group is exposed to the fund and its current holding discount. We will cover the following topics, and more:

3pm London time, 4pm CET, 10am NYC

10AM ET, 3PM UK. Focus will be on Q3 performance and other issues, such as recent deal announcements and an update on monetisation efforts at Subsea.

11am ET-VLSI Research is the pre-eminent market research firm known for its detailed spending and market share analyses on the semiconductor supply chain. Risto is one of the most "plugged-in" persons in the semicap industry, regularly advising management and boards of semiconductor companies on market and industry trends.

9AM EST (9PM HKT)

9AM EST (9PM HKT)

1pm ET-Discussion of the 3.45GHz auction, which has been underway since October 5th, with over 20 rounds completed and prices clearing $3BN.

10:00am ET.

9am ET

9AM EST (9PM HKT)

10AM ET / 3PM UK-IHS Tower has announced its upcoming IPO and the pricing range, which comes in at the low-end of Tower comps globally. Our work runs through the investment case, and we summarize the issues investors should address with management. The announced price range of US$21-US$24, comes in below our fair value of US$27/share, suggesting 13% to 30% upside.

On the call, we will cover the following topics: 1. The opportunity for Lumen and Apollo with fiber deployments 2. An update on the opportunity for Frontier beyond Wave2 markets 3. Implications for cable broadband growth over the next few years 4. What is the status of federal government funding of fiber deployments?

10:00am ET: We will be hosting a call with StoneCo VP of Finance, RAFAEL MARTINS, and Treasury and Debt Capital Markets Officer, DIEGO SALGADO, who recently moved over from JP Morgan. Stone's Credit efforts have been in focus and, against a backdrop of rising rates, efforts to rebuild the loan book may require a new approach to funding.

10AM ET/3PM UK

9:00AM EST (9:00PM HKT)

9:00AM EST (9:00PM HKT)

8:30am ET, 1:30pm London, 4:30pm Dubai, 7:30pm JKT, 8:30pm SIN, 10:30pm SYD.

Call with Ahna Dewan (Head of IR) and Veronica Jordan (IR).

5am ET, 10am London-Call with Andi Setiawan (Vice President Corporate Finance & Investor Relations, PT Telkom), Raden Achmad Faisal (Ivan) (AVP Shareholder Relations, PT Telkom), and Rendyansyah Jovian (Rendy) (GM Investor Relations, Telkomsel).

6am PT, 8am CT, 9am ET, 2pm London, 5pm Dubai, 8pm JKT, 9pm SIN, 11pm SYD.

5am PT, 7am CT, 8am ET, 1pm London, 4pm Dubai, 7pm JKT, 8pm SIN, 10pm SYD.

When we spoke to Mr. Wheeler days after the election, he said the early days of the Biden administration would be the among the most critical for any administration in history, laying out a stack of crises from Covid-19 to climate change and a path for broadband policy and federal investment in broadband to help address each of them.

09:00 AM ET / 2PM UK-Fireside Chat following strong Q2s and with Credit one of the main talking points.

9:30am London, 4:30pm HK/SIN -Grace Wong, IR. Format will be small group focused on Q&A.

7am ET, 12 noon London, 7pm HK/SIN. Ivan Wong, IR. Format will be a small group, with the focus on Q&A.

8:15am ET, 1:15pm London, 8:15pm HK/SIN. Nick Fung, IR. Format will be a small group, with the focus on Q&A.

.30am BST, 9.30am Tokyo (8.30pm EST on the 9/9)

A select group of CEOs and thought leaders take a step back from the day-to-day business to discuss the major emerging trends in semiconductor design and manufacturing, which will shape the industry and the broader society over the next decade.

10:00AM EST (10:00PM HKT)-On the call, we will focus primarily on travel and booking trends in China, and readthroughs to leading OTAs in China including TCOM.

CLIENT CALL: DADA 2Q21 CALLBACK W/ JIN YOON DADA NEXUS LTD MANAGEMENT POST-PRINT TAKEAWAYS WEDNESDAY, SEPT 8TH, 9:00AM EST (9:00PM HKT) 9AM EST (9PM HKT). Jin will discuss his feedback, and key takeaways post his Dada Nexus Ltd (BUY) management callback on the 2Q21 print.

12pm BST, 8pm Tokyo, 7am EST

Our meeting with management, is the opportunity to get an update on the merger as well as the combined entities' strategy to return to revenue growth. Additionally, we will discuss the key trends impacting the Enterprise Sector in Malaysia.

Understanding the upcoming inflection point in Renewable Energy & Storage. Please Email our Sales team to register interest.

10:00am ET-The first of our series on disruptors and innovators. The next big wave of digital transformation is underway, with what will be billions of connected devices working their way into every industrial process imaginable. KORE is at the forefront of this wave, as a leader in global IoT and connectivity-as-a-service solutions.

10:00am ET.

9am Toyko, 8am HK/Sing, 1am BST

12pm BST, 8pm Tokyo, 7am EST.

10:00 AM ET / 3PM UK-The call will follow MercadoLibre Q2's in early August and focus on new developments coming out of earnings.

10AM EST (10PM HKT)-Jin to discuss his feedback, and key takeaways post his Pinduoduo (BUY) management callback on the 2Q21 print.

9am BST, 5pm Tokyo

Jeremy Tonkin Fireside chat at 1pm BST, 9pm Tokyo, 8am EST

11:00 AM ET / 4PM UK. Having postponed their IPO until 2022, the call will be opportunity for management to update the market on an updated timeline for coming to market.

10am EST.

9am ET-FIRESIDE CHAT/Q2 CALL FOLLOWING INITIATION.

12pm ET / 5pm UK time-We see lidar adoption taking off by 2025, reaching an addressable market of >$20bn by 2030.

1030AM EST (1030PM HKT)- Jin Yoon, will discuss his feedback, and key takeaways post his Bilibili Inc (BUY) management callback on the 2Q21 print.

9am ET / 2pm UK. The Vision Fund is core to our conviction on SoftBank Group. We see material upside potential in the fund, and while we recognize downside risks, we see them as largely absorbed by the way the group is exposed to the fund and SBG’s current holding discount.

10:30 EST / 15:30 UK .

10:30am EST-Jin to discuss his feedback, and key takeaways post his Vipshop (BUY) and Weibo (BUY) management callback on the 2Q21 print.

11:30 am EST-Jin to discuss his feedback, and key takeaways post his Tencent (BUY) management callback on the 2Q21 print.

9AM EST (9PM HKT). Jin to discuss his feedback, and key takeaways post his Tencent Music Entertainment (BUY) management callback on the 2Q21 print.

12:00 PM EST / 17.00 UK. Get to know Pat Gelsinger, his opinion on the turning points that made Intel what it is today, and his broader perspective on the semiconductor landscape.

CLIENT CALL, AT 11:30AM EST (11:30PM HKT) to discuss Jin's feedback, and key takeaways post his Baidu (BUY) management callback on the 2Q21 print.

CLIENT CALL AT 10:30AM EST (10:30PM HKT) to discuss Jin's feedback, and key takeaways post his iQIYI (BUY) management callback on the 2Q21 print.

10am BST, 5pm KL/HK/Sing

14:00 PM UK / 09.00 AM ET, and 15h00 SA time.

11:00am EST.

14h00 UK, 09h00 ET, 21h00 HK/SIN. The call will follow Vodacom's Q1's in late July and focus on new developments coming out of earnings, as well as discussing other areas of investor interest.

09:00AM EST (09:00PM HKT). Jin will discuss his feedback, and key takeaways post his Bilibili Inc (BUY) update call with IR.

9AM EST (9PM HKT). Jin will discuss his feedback, and key takeaways post his Tencent (BUY) update call with IR.

10am EST-We show that Cable’s broadband growth will likely slow, and consensus expectations are likely too high. There is still a case for owning Cable stocks, but it is shifting away from broadband.

9AM EST (9PM HKT)

9:00AM EST (9:00PM HKT)

11.00 UK,6.00 ET-aAcall with Ross Cormack, the former CEO of Ooredoo Myanmar, bringing the experiences of a greenfield rollout in one of the last big global EM markets.

Call to Discuss 8:00 PT / 11:00 ET / 16:00 UK -Discussion of a $2bn market cap, early-stage company, which recently merged with a SPAC, and develops a highly differentiated perception technology.

09:00 AM ET / 2PM UK.

9:00AM EST (9:00PM HKT). Jin Yoon to discuss his feedback, and key takeaways post his Tencent Music Entertainment (BUY) update call with IR.

12pm EST. 5G, ORAN, Fixed Wireless, mmWave adoption, competitive dynamics, MWC take-aways: an update on the telecom equipment space with Group 650: Wireless Networks and Service Provider Expert Meeting (Virtual).

9AM EST (9PM HKT). Call to discuss his feedback, and key takeaways post his Alibaba (BUY) pre-blackout call with IR.

11:00 EST/16:00 UK. Focused on Cloud, IoT, Networking and the Datacenter.

10am ET/3pm UK-The call will follow up on themes from our recent initiation.

11am EST. The focus will be on African FinTech and our guest speakers will provide insights on the mobile money/lending opportunity.

8am EST-Topics to be discussed include Goto-San’s perspective on how to balance SBG shareholder returns with Vision Fund investments, and bond holder interests. Please Email our Sales team to register interest. Please Email our Sales team to register interest.

11:00AM EST (11:00PM HKT)

10:00 AM EST-Discussion of two common questions from investors. Does Cable need to increase upstream speeds to remain competitive? Is Cable capex set to increase as the MSOs face down more fiber competition?

11am ET. We have the pleasure of hosting Jean-Christophe Eloy, President & CEO of Yole Development, the pre-eminent market research firm known for its detailed analysis into the power semiconductor market, in particular on silicon carbide, for a virtual investor meeting.

3:30am PT, 5:30am CT, 6:30am ET, 11:30am London, 6:30pm HK/SIN, 8:30pm SYD

5am PT, 7am CT, 8am ET, 1pm London, 8pm HK/SIN, 10pm SYD

Call is at 10AM ET, to review the upgrade path for Cable in response to Biden's Broadband Infrastructure Plan.

4am PT, 6am CT, 7am ET, 12 noon London, 7pm HK/SIN, 9pm SYD

11am ET / 4pm UK time. Understand how a company can migrate servers to AMD.

1am London, 9am Tokyo, 8am HK/SIN, 10:00am SYD on 16 June 5:00pm PT, 7:00pm CT, 8pm ET on 15 June. Members from DOCOMO

10:00AM EST (10:00PM HK)

8am ET, 1pm London. Call topics include the deal with Japan Post, progress being made in Rakuten's mobile entry, 5G, the strength of EC demand in Japan in 2021 and further strategic moves.

10:00AM EST (10:00PM HKT)-Education Stocks May Be Nearing the Bottom.

Building on the success and demand for our past 5G conferences with BCG in 2019 and 2020, we are delighted to announce the date for our virtual London event to be held in the afternoon of 10th June London time (morning New York time). Announced speakers so far: BT, DT, Swisscom, Orange, Airspan, Altiostar, AWS, Qualcomm. More to come.

8am EST. Please let us know if you would like to attend.

Conference call with Ikuko Hongou, Deputy Manager IR and Toshiyuki Miyakawa

11:45AM EST (11:45PM HKT)

7AM, ET, NOON UK TIME, 7PM SINGAPORE/HK/KL-Following the announcement of the intention to merge between Digi and Celcom in Malaysia, New Street research is hosting an investor meeting with Clare Chin, Head of IR at Axiata.

US TIMES: May 25th: 5pm PT, 7pm CST, 8pm ET EUROPE/ASIA TIMES: May 26th: 1am BST, 9am JST, 8am SST, 10am AEST

09:45AM EST (09:45PM HKT)-Jin Yoon discusses his feedback, and key takeaways post his Pinduoduo (BUY) management callback on the 1Q21 print.

4:00pm London. This is a great time to be hearing Darren's latest thoughts on Hutchison's UK business. Three UK is now delivering stronger customer momentum posing a more serious threat to the larger MNOs, especially with a new focus on B2B.

10AM ET / 3PM UK

10am ET / 3pm UK time-InstaDeep is at the forefront of A.I. innovation, developing deep learning and reinforcement learning approaches to solve the most challenging problems in healthcare, transport, logistics, and chip design.

11:45AM EST (11:45PM HKT) Jin Yoon to discuss his feedback, and key takeaways post his Tencent (BUY) management callback on the 1Q21 print.

Pierre Ferragu will be hosting Posi Oshinowo, Special Counsel for Employment and Labor Practice at Wiley Rein, on Wednesday May 19th at 11am ET, to share an update on the regulatory front for Uber, Lyft, DoorDash and other "Gig-economy” players.

11:45AM EST (11:45PM HKT)-Jin Yoon discusses his feedback, and key takeaways post his JD.com (BUY) management callback on the 1Q21 print.

930AM EST (930PM HKT)-Jin Yoon discusses his feedback, and key takeaways post his Trip.com (NEUTRAL) and Vipshop (BUY) management callback on the 1Q21 print.

Investor Call with Liberty Latin America CFO, CHRIS NOYES, and Head of Investor Relations, KUNAL PATEL, on Tuesday 18 May at 11:00 AM ET / 4 PM UK.

12:15PM EST-(MAY 19TH 12:15AM HKT)

11:00AM EST (11:00PM HKT)

11:00am ET-Chris Libertelli is a highly regarded expert on the interplay of law and technology, including his role in Netflix’s Global Public Policy function during the company’s world-wide launch to over 100 territories, and leading a global team at YouTube, responsible for creating and enforcing YouTube’s Community Guidelines.

0AM ET / 3PM UK. Japan Ecommerce Initiation Call, to review our recent coverage initiation of BUY rated Mercari and ZOZO.

10am EST. The Vision Fund is core to our conviction on SoftBank Group. We see material upside potential in the fund, and while we recognize downside risks, we see them as largely absorbed by the way the group is exposed to the fund and SBG’s current holding discount.

10:30AM EST (10:30PM HKT)-New Street Research Asian Internet analyst Jin Yoon, will discuss his feedback, and key takeaways post his Alibaba (BUY) management callback on the FY4Q21 print.

11:00 AM EST (10 AM Mexico City, 4PM UK). AMX remains one of New Street's top picks in the LatAm telco space.

10:00am EST

NEW STREET RESEARCH analyst SOOMIT DATTA will host an Investor Call with Millicom CFO, TIM PENNINGTON, and VP Investor Relations, MICHEL MORIN, on TUESDAY MAY 11th at 11:00 AM ET / 4 PM UK.

We have the pleasure of hosting Risto Puhakka, President of VLSI Research, the pre-eminent market research firm known for its detailed spending and market share analyses on the semiconductor supply chain, for a virtual investor meeting on May 11th at 11am ET.

10:00 EST – As world political leaders chat through global warming… again… we are very proud to publish a great piece of research, approaching the question from a different angle.

We are at a critical moment in shaping technology policies for both the European Union and the United States, both as separate entities and working together. New Street will soon convene a series of calls to help analysts, investors, and policymakers identify the principal policy concerns and the probability of various scenarios.

Jin Yoon discusses his feedback, and key takeaways post his Bilibili Inc (BUY) update call with IR.

8AM UK TIME, 3PM SINGAPORE/HK/KL-Following the announcement of the intention to merge between Digi and Celcom in Malaysia, New Street research is hosting an investor meeting with Albern Murty, CEO of DIGI. To register, please contact your New Street Representative.

WHAT: NEW STREET RESEARCH analyst SOOMIT DATTA will host an Investor Call with Televisa CFO, CARLOS FERREIRO and Head of Investor Relations, RODRIGO VILLANUEVA, on Monday 26 April at 12pm Mexico / 1pm ET / 6pm UK.

11AM ET - We will provide an update to our thinking on the state of play with respect to President Biden's proposal for $100BN in broadband stimulus.

1030AM EST (1030PM HKT)-Jin Yoon discusses his feedback, and key takeaways post his Tal Education (BUY) management callback on the 4QFY21 print.

10AM EST (10PM HKT)-Discussion of Jin Yoon's feedback, and key takeaways post his New Oriental Education (BUY) management callback on the 3QFY21 print.

New Street Research analyst, Alastair Jones, will be hosting a call at 11h30AM EST(16h30 UK), to run through the key points from the initiation.

11:00am EST- The purpose of the call will be to unpack the three carrier's plans for their 5G rollouts as articulated at their analyst days, and to analyze the impact those plans will have on the carriers long-term prospects.

Small Group call with Grace Wong (IR), with the focus on Q&A. Spaces are limited, so please contact your New Street Research representative if you wish to join. Call at 9:00am BST (1am PT, 3am CT, 4am ET, 4pm HK/SIN, 7pm SYD).

9am ET, 2pm London-Call with Ahna Dewan (Head of IR) to understand the latest developments in the market (pricing, competition, regulation etc).

Join us at 11:00am EST as we discuss why we think the stock can triple in 3 years.

9AM EST (9PM HKT)-Jin Yoon discusses his feedback, and key takeaways post his iQIYI (BUY) and Trip.com (NEUTRAL) update calls with IR.

9am EST: Jin Yoon discusses his feedback, and key takeaways post his JD.com (BUY) update call with IR and Alibaba (BUY) response to SAMR penalty decision.

New Street Research Asian Internet analyst Jin Yoon, will be hosting a CLIENT CALL TODAY, APR 9TH, AT 9AM EST (9PM HKT) to discuss his feedback, and key takeaways post his Dada Nexus Ltd (BUY) update call with IR.

ALIBABA (BUY) FY4Q21 PRE-BLACKOUT CALL TAKEAWAYS-9:00AM EST (9:00PM HKT)

We will be hosting a conference call tomorrow at 10am ET / 3pm UK to go over our recent Wolfspeed initiation and power semiconductor deep dive.

As the Cellnex €7bn rights issue has just launched, New Street Research European Towers analyst, James Ratzer will be hosting a call to discuss his views on Cellnex, its valuation and how it fits into the whole European towers space this THURSDAY, APRIL 1ST, 11AM ET / 4PM UK TIME - just before the start of the European long weekend!

New Street Analyst Blair Levin expands on his recent note on Biden's Proposed Infrastructure Plan. Call at 2pm EST.

Alan Weckel is founder of Group 650, and is focused on Cloud, IoT, Networking and the Datacenter. We have known Alan for over a decade and he is one of the most "plugged-in” persons in the data networking industry.

Small group calls, with the focus on Q&A. Ivan Wong (China Unicom, IR) at 9am BST. Spaces are limited, so please contact your New Street Research representative if you wish to join.

We will be hosting a virtual meeting for NSR clients with the Head of IR at Z Holdings on Tuesday 30th March. Format will be a small group, with the focus on Q&A.

A deep analysis of how AMD has taken significant share across the x86 market. We share our research on how this played out segment by segment, look at upcoming product roadmaps and laying out what we expect to happen next, both in PCs and in servers.

Jin Yoon discusses his feedback, and key takeaways post his Meituan (BUY) management call back off the 4Q20 print.

We will be hosting virtual meetings for NSR clients with DTAC CFO and Heads of IR at both AIS and TRUE on Tuesday 23rd March. Format will be a small group, with the focus on Q&A. Spaces are limited, so please contact your New Street Research representative if you wish to join.

This call, two months into the Biden Presidency, will explore how the new Administration is addressing issues related to telecommunications and technology. Our speaker will be Bruce Mehlman, Founder of Mehlman, Castagnetti, Rosen & Thomas and Assistant Secretary of Commerce under President George W. Bush.

New Street Research analyst Soomit Datta will host an Investor Call with MercadoLibre Head of IR, Federico Sandler, on Monday March 15th at 10:00 AM EST (11 AM Buenos Aires, 2PM UK) We will be able to talk through anything coming out of the 2020 results as well as providing perspective on how Q1 and 2021 is shaping up. We will also focus on Fintech and the Credit opportunity, discussing themes coming out of New Street's work on "Wallet Wars".

Chris DePuy is the co-founder of Group 650, a market intelligence research firm focused on Cloud, IoT, Networking and the Communication market. Topics of discussion will include: 5G roll-out, ORAN/VRAN, C-Band, Use Cases, mmWave debate, Competitive Dynamics, and Merchant Semiconductor Offerings.

Please reach out to your New Street Research sales representative to register for this event.

We are hosting a conference call on Thursday, March 11th at 11am ET / 4pm UK to go over our research and findings.

The call will discuss the implications of the recently announced divestiture of video assets by AT&T and the prospects of a Dish / DIRECTV merger. Topics will include 1) ownership structure of DIRECTV and the motivation behind it, 2) cash flow distribution waterfall to the partners, 3) synergies associated with a Dish / DIRECTV merger, and 4) prospects of antitrust and regulatory approval of a merger between Dish and DIRECTV.

NEW STREET RESEARCH analyst SOOMIT DATTA is hosting a Virtual Non-Deal Roadshow for TIM BRASIL 2020 FY results and Strategic Plan outlook, with CEO Pietro Labriola and CFO Adrian Calaza WEDS-THURS MARCH 10-11th from 12-4pm London time Key focus will be on the outlook for 2021 and recent mid-term guidance for pro-forma TIM-Oi, as well as the upcoming 5G auction given concerns in the market on potential spectrum and coverage costs. Please contact your New Street Research Sales representative to register.

Please note the registration link is for the Tuesday, March 9th meeting. Please email your salesperson for the Wednesday meeting registration link.

Colony Capital Post 4Q20 Results Investor Meeting

We will be hosting virtual meetings for NSR clients with the deputy CFO of SoftBank KK, and Heads of IR at Z Holdings, Rakuten, KDDI, SoftBank KK and NTT. Format will be a small group, with the focus on Q&A.

NEW STREET RESEARCH analyst SOOMIT DATTA will host an Investor Call with America Movil Head of IR, Daniela Lecuona, on THURSDAY FEB 25th at 11:00 AM EST (10 AM Mexico City, 4PM UK). Key discussion points include: - The Prospective Tower Spin - Tracfone sale update - Brazilian wireless consolidation update - Balance sheet, use of cash and timing of potential shareholder remuneration - Underlying fundamentals, including new entrant risk in Colombia

PJT Partners is a boutique advisory firm with extensive experience in the Tech/Communications sector. The meeting will provide an opportunity to review: • The advisory perspective on the current state of the TMT Industry. • Overview of the financing environment/deal structuring perspectives, including the role of SPACs. • How the changing regulatory environment could impact corporate strategy/deals going forward. • How US/China trade, IP dispute/resolution, 5G race, & Huawei ban, all impact the future of M&A. • Recent Transactions include: o SKY/CMCSA o Softbank/OneWeb o TMUS/Sprint o LGF/STARZ o Altice/Cablevision o VZ/YHOO o CMCSA/Dreamworks o VZ/Fleetmatics

: With the Vantage Towers IPO seemingly very imminent, New Street Research European Towers analyst, James Ratzer will be hosting a call to discuss his views on Vantage Towers, its valuation and how it fits into the whole European towers space.

We have done unique work in recent weeks, dissecting the financials of TSMC and Intel to help investors understand 1) how the latter could outsource to the former, with what implications on its competitiveness and cost structure, and 2) Why we see TSMC in such a strong and defensible position. We leveraged this work to answer the above key question: Could Intel split in two, with a fabless design entity on one side, and a foundry on the other side. The idea is appealing, and is part of the routes the incoming activist investor would want to consider.

Pierre Ferragu will host Navneet Govil, CFO of the Vision Fund for a Fireside Chat on Friday, 2/2 @ 10am EST. Key topics to be discussed are 1) update on key investments, IPO pipeline, The Vision Fund Platform, Vision Fund 2 and Role of Vision Fund with SoftBank Group.

Last week, we published a deep dive into TSMC’s unique operating model. We looked at TSMC’s historic return profile, how economics of leading vs. lagging edge nodes strengthen TSMC’s competitive position, and what the 2021 capex guide of $25-28bn can tell us about expected long-term revenue and FCF targets.

We have an edge on IT spending, accurately following spending trends with a rigorous bottom up approach every quarter. Based on that and looking back at how the pandemic affected patterns, we come to a counter consensual view: amongst legacy payers, those most exposed to discretionary and on-prem-related spending are likely to do well. In that group, we have a particular conviction on Cisco, most exposed to a recovery, likely to beat expectations and with a very attractive valuation.

As a follow up to the piece we published two weeks ago looking into the economics of Intel outsourcing leading edge laptop CPUs to TSMC, we published on Friday a piece last week looking at how the move would position Intel from a competitive standpoint. We debunk first some widely-held beliefs about node comparison between Intel and TSMC, and the timing of their introduction for x86 chips. Second, we go over how node leadership vs. manufacturing differentiation matters for different chips, and how timing matters, by product segment. Based on these observations, we conclude with a timeline of what we expect to happen, in which we clearly see Intel strengthening its competitive position, from the low point of 2020, and beyond the initial improvement we expect to materialize in 2021.

Soomit Datta is hosting Pagseguro CEO, Ricardo Durata for a fireside chat ahead of FY results and will provide perspectives on 2021. Ricardo will be able talk through the expansion of Pagbank, focusing on Credit and the pace of expansion of the loan book, in addition to touching on the possibilities for insurance, asset management and the marketplace. Focus will also be on the E-Commerce push on the underlying Acquirer business following the acquisition of Wirecard Brasil (Moip).

As EVs are now gathering steam across the globe, renewables are set to re-accelerate in 2021, after a short pause, and become a material growth driver for power semis. Resulting demand is gigantic, and for (in our knowledge) the first ever power-semiconductor market forecast to 2030, taking into account demand from a boom in renewable energy generation and storage.

Chris Hoare is hosting the Malaysian wireless operator, DIGI CEO, Albern Murty & CFO, Ingrid Gloerson Folkeson for a fireside chat to discuss the return to revenue growth through investments in fiber and an increased focus on enterprise customers and more.

Pierre Ferragu will host a conference call to discuss his latest research piece on how he believes INTC will outsource to TSMC and what it will mean for leading edge manufacturing, how it would affect the economics of each company and much more.

Blair Levin will host Harold Feld and Jack Goodman to discuss if the Supreme Court will Drive another Round of Broadcast Consolidation.

Jin Yoon will host a Conf. Call post his management callback with Tencent Music, today, 1/20 @ 10am EST

Blair will host a call this Friday, January 15th @ 10am to address the changes likely coming to Section 230 under the new Congress and the Biden Administration, and the implications of potential changes for various companies in the TMT space. Our Policy Advisor Blair Levin will discuss the rapidly changing factual and political landscape on these issues with Matt Perault, a highly regarded expert on the interplay of law and technology

New Street Research Asian Internet analyst Jin Yoon, will be hosting a CLIENT CALL TODAY, JAN 13TH, AT 10AM EST (11PM HKT) to discuss his feedback, and key takeaways post his Dada Nexus (BUY) update call with IR.

Alastair is hosting IR from each VEON & MTS on Wednesday, January 13th @ 10am and Thursday, January 14th @ 10am respectively for small group calls to discuss the state of the Russian Telco market post Covid, retail optimization and relative strategies between the companies and more

New Street Research Asian Internet analyst Jin Yoon, will be hosting a CLIENT CALL on TUESDAY, JAN 12TH, AT 10AM EST (11PM HKT) to discuss his feedback, and key takeaways post his iQIYI (BUY), Trip.com (NEUTRAL) and Tencent (BUY) pre-blackout calls with IR.

New Street Asian Telco analyst Chris Hoare will be hosting Rick Sofield and Nova Daly, partners at Wiley Law, next MONDAY, JANUARY 11TH, AT 12PM ET, to discuss the further restrictions imposed by the U.S. government on Chinese Telcos, including recent stock delistings, and the next steps in the U.S./China relationship, as well as how this may change under a Biden Presidential Administration.

Jin Yoon discusses his takeaways from his management callbacks with TAL & EDU as well as discuss his top ideas in Chinese Internet for 2021.

Iliad is currently in three markets, and we see upside triggers in all three markets. There is a lot for us to discuss with Nicolas!

Focus will be on a business update as we approach YE.

Focus will be on fintech and the credit opportunity, discussing themes coming out of New Street's recent initiation "Wallet Wars", as well as feedback from Pedro on last week's Black Friday in Brazil.

We look forward to discussing the extent of the Fintech opportunity with Renato who is driving this initiative at TIM

What to Expect From the Biden Telecom/Tech Policy.

Please join us for an investor call with Colony Capital management following their earnings release call.

Jonathan Chaplin & Blair Levin will host a conference call to wrap up our miniseries on the future of telecom policy in the wake of the November election. We'll focus on the risk and opportunities in terms of policy affecting cable (including the return to Title II), wireless (including potential changes in spectrum policy) and the sector generally (including potential changes for USF). We will also discuss how the debate around regulating Big Tech, including privacy, antitrust, and regulation could impact such things as merger activity in our sector under either election result. Finally, we'll look to the policy initiatives most likely to be championed, depending on the election outcomes, and address how those initiatives could impact our sector.

This will be the CEO, Allison Kirkby's first roadshow since her appointment.

The Role of the White House, the Congress and the Courts in setting Tech and Telecom Policy. We'll look at potential initiatives by either a Trump or Biden Administration, the likelihood of legislation (from infrastructure, to antitrust, to a telecommunications rewrite), and key cases affecting the ability of state, local, and federal authorities to regulate various private enterprise in the sectors. We'll be joined on the call by GRACE KOH & HAROLD FELD, veterans of creating tech and telecom policy from both sides of the aisle.

Between Covid-19 and the election, little appears certain about what the next year holds in US telecommunications policy. On some issues, such as Title I or II, or a nationalized 5G network, there appear to be stark differences. On others, such as spectrum, the differences are more nuanced. There appears to be a consensus that the digital divide must be bridged but no consensus on how to do so. On a host of consumer protection issues there is a wide variation and telecom regulation will inevitably be affected by the wave of legal and policy attacks now underway against Big Tech. We'll have three guests with extensive experience with the FCC (working for both Democrats and Republicans) and the general environment in DC. They will help us understand what is and isn't worth worrying about for the next year of telecoms regulation, depending on who wins, and what issues we may be overlooking as the interplay of technology, markets and politics transforms the policy makers' agenda.

We'll be joined on the call by GENE KIMMELMAN and PHILIP VERVEER, two of today's most important thinkers on matters of antitrust.

This is part of New Street Research's Spectrum Series calls

This will be the second call in our "THE YEAR OF SPECTRUM' Speaker Series, the purpose of which is to explore the threats and opportunities that new spectrum brings to the established Mobile and Broadband players. Our second speaker will be Preston Marshall, Principal Wireless Architect for Google, and a key player in the spectrum policy debates throughout the government. We will focus on CBRS, including what we already see in how enterprises are using that band, and the upcoming auction.

In light of recent news flow, the call will provide an opportunity to address our latest thoughts on SoftBank Group, and derivative implications for BABA, SPRINT/TMUS, SOFTBANK KK, AND DT. We will have the full coverage team on the call for key takeaways for their respective coverage names on the call, including: Pierre Ferragu (Tech Infrastructure), Jonathan Chaplin (US Communications), James Ratzer (European Communications), Chris Hoare (Asian Communications), and Jin Yoon (Asian Internet).