United Internet AG : Profit warning at 1&1 but positive dividend surprise

United Internet AG : Profit warning at 1&1 but positive dividend surprise

Intel Vision: Where do we stand? What matters?

A last note from us, before we call it a week. Intel Vision next week will feature the first keynote of Lip-Bu Tan, the incoming CEO. We take the opportunity to review where things stand and options ahead. Please follow the link below - an easy read for your weekend!

NTIA Hearing Focuses on BEAD; Hints, but No Answers, to Key Questions

Yesterday, the Senate Commerce Committee held its confirmation hearing for Trump’s nominee to head NTIA, the agency inside the Commerce Department that oversees the BEAD program. In this note we discuss what we learned—and still are waiting to learn—about the future of the program and the impact of changes on capital markets. In particular, we analyze what we learned related to the two most important questions for investors: whether NTIA will require at least 42 states (and hundreds of companies) to redo their bidding process; and whether NTIA will adopt a high-cost threshold or some other m...

Salt/Matterhorn (Equal Weight) Q4 24: Good EBITDAaL result in a competitive market

Salt has reported a mixed set of results, with SR growth slower again sequentially but EBITDAaL growth is better at +6.0% y/y from +0.9% y/y. Price competition was elevated in Switzerland during 2024, but with price increases made already in 2025 from Salt and Sunrise, the operators appears to be acting a little more rationally since the start of the year (albeit Swisscom did not talk market conditions up on its Q4 call).