Research

Taiwan Mar Sales +32% YoY (AI +45%)

The Taxes and Tariffs Twist Continues: Four Numbers to Watch

Conflicting expectations in mobile and broadband

Mexican Cable/FTTH - MEGA and AMX the strongest performers, TV pt to $2.3; Q4 24 review

Chinese Telcos – Q4 24 review: Still growing; continued fall in absolute capex positive for dividends

cNPS at Charter is improving

Further thoughts on tariff impacts on Fiber and Cable

Global EM Telcos – A Consistent Approach to EFCF and Shareholder Remuneration

JD: 1Q25 Preview - Estimates Remain Intact

GOOGL Cloud Next: Implications of Tariff commentary, 2025 Capex reiteration, and the new TPUv7

IHS (Buy, TP: US$7.7, +80%) - INVESTOR CALL FEEDBACK – 31st March 2025

CMCSA: (not so) quick thoughts on UK theme park

4Q24 Broadband Trends: Our broadband forecast

Nigerian Telcos: Zero to Hero; AAF pt to £3, MTN to ZAR 190; Q4 Review

Altice update: M&A in France and possible Israel sale

Tencent: Business Remains Intact

Eutelsat: Assessing EU support. Downgrade equity to Sell.

CHTR Quick Hit: 1Q25 Buybacks At $0.8BN; Lowering Buyback Estimate Slightly

CALL SLIDES: Potential revenue for Meta AI? $5B to $54B by 2030

Infineon to acquire Marvell’s Auto Ethernet Business. Our take