High Yielding Frontier Communications and Alaska Communications Aim to Keep Dividends Steady
November 28, 2011 08:16 ET
High Yielding Frontier Communications and Alaska Communications Aim to Keep Dividends Steady
The Bedford Report Provides Equity Research on Frontier Communications & Alaska Communications
NEW YORK, NY--(Marketwire - Nov 28, 2011) - The Domestic Telecom industry is one that is constantly evolving and changing to keep up with the available technology and shifting demands. Companies continue to face strong competition from cable and wireless providers which has resulted in mixed quarterly results for the industry. Any drop in earnings is of concern to telecom investors, as most turn to the sector for the hefty dividends most key players pay. The Bedford Report examines the outlook for companies in the Telecom sector and provides research reports on Frontier Communications, Inc. (
[ www.bedfordreport.com/FTR ]
[ www.bedfordreport.com/ALSK ]
For telecom corporations in mature markets like the United States, some companies are looking for new ways to drive profits. Many companies in the industry are building their data-center businesses in expectation of a move to cloud computing. The cloud computing trend could change the telecom business significantly, with both business and individuals storing their data in facilities designed to hold and secure their files and information.
By adopting Internet cloud computing, the telecommunications industry can organize and apply network storage, computing, and software service resources.
The Bedford Report releases regular market updates on the telecom sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at [ www.bedfordreport.com ] and get exclusive access to our numerous analyst reports and industry newsletters.
Presently Frontier Communications pays an annual dividend of 75 cents for a massive yield of around 13.7 percent. Frontier plans to expand beyond home phone services in the first half of 2012 with a trial offer of wireless services based on a resale agreement with AT&T Inc. Frontier may offer an extra discount to customers who sign up for wireless on top of home phone and Internet services, said spokesman Steve Crosby. Frontier offers discounts of up to 15 percent for customers using more than one service.
Presently Alaska Communications Systems Group pays an annual dividend of 86 cents for a hefty yield of around 16.2 percent. The company recently announced third quarter revenues of $90.3 million increased by $0.5 million, or 0.6 percent, from $89.8 million in the prior year. Enterprise revenue increased by $1.1 million, or 8.9 percent, with higher data revenue driving growth. Data revenue as a percent of total enterprise revenue now stands at 91 percent.
The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: [ http://www.bedfordreport.com/disclaimer.php ].