Research

King Slide (2059 TT): AI Rail Dominance

Verizon 1Q26 Quick Take: The Dan Plan starts taking shape

Technology Infrastructure Earnings Wrap-up – week ending April 24th

Global EM Telcos - What is the likely impact of the Iran war on EM Telcos?

RDDT: What’s working in Reddit Ads? Translation, pixel retargeting vs search

CHTR: What just happened?

NSR Broadband Model

Reliance Industries Ltd – Q4 FY26 Quick Take: Revenue accelerates and dividend announced, FWA remains strong

Totalplay (HY) - Q1 26: Decent quarter; nice improvement in net adds

Global Telecoms Multiples 2026-04-24

Intel 1Q26: Material beat & raise; turnaround getting priced in. Neutral, $80 TP.

CHTR 1Q26 Quick Take: Weak broadband subscriber and ARPU results; EBITDA fine

BEAD Update; Delays Continue but Larger Problems Loom

Megacable (Buy) - Q1 26: Good quarter, Strong OpFCF driven by lower capex

Mobileye 1Q26: Visibility on Surround ADAS improving; Limited traction beyond. Buy, $15.

Nokia 1Q26: raised full-year outlook on optical strength. Momentum getting reflected in valuation. Buy €10.2 TP

Besi 1Q26: Record Hybrid Bonding Orders; broad cyclical recovery. Buy

Telia Q1 26: Nice EBITDA beat, growth ahead of guidance

CMCSA: It doesn’t hurt to have the Super Bowl and the Olympics, and CMCSA took advantage

Altice France: Updating SOP for new earn-out and Orange call disclosure