Research

Altice France & International Post Q2 call slides

Global Telecoms Multiples 2024-09-06

Altice France and Int model

NFLX: Higher Estimates/Target as Dust Settles on a Flurry of Advertising Changes

TSMC in 2025 (II): We also expect a beat on margins. Buy, NT$ 1,375

Broadcom 3FQ24: AI demand remains strong; upcycle looming. Buy, $164 TP

It’s the Election, Stupid (or Is It?) Part II: Comparing Harris and Trump Impact on Spectrum Policy

The deal Verizon or AT&T should do next

Verizon's acquisition of Frontier - CALL SLIDES

Bible 2Q24 – Autos: Semis at the trough of the cycle, while end demand slows

Verizon acquiring Frontier: quick thoughts following the call

NSR policy: Will the Government Allow Verizon to Buy Frontier?

Verizon acquiring Frontier Part II (the Verizon angle)

Bible 2Q24 – Hyperscale & Cloud: capex up further; AI decelerates healthily; traditional infra recovers.

SNAP: More conviction in above consensus revenue estimates as Promoted Places and Sponsored Snap ads testing underway

FYBR Quick hit: Verizon acquiring Frontier (according to press)

Client Call Slides: African/South Africa Inflection & Implications on EU Telcos

Hot Chips: The sky is the limit – reasons to remain bullish about AI infrastructure demand.

NSR Policy: It’s the Election, Stupid (or Is It?): Comparing Harris and Trump Impact on Telecom Policy

Tencent: Taobao Could Soon Support Weixin Pay - Our Take