Mobile Tornado Group (MBT)

Sector:

Telecom Operators

Index:

FTSE AIM All-Share

   Trade now with Barclays Stockbrokers   Trade now with Barclays   Sponsored by Barclays Stockbrokers

 4.75p
   
  • Change Today:
      0.000p
  • 52 Week High: 5.25
  • 52 Week Low: 3.20
  • Currency: UK Pounds
  • Shares Issued: 349.24m
  • Volume: 0
  • Market Cap: £16.59m
  • RiskGrade: 173
  • Beta: 0.00

Sector movers: M&A activity lifts telecoms higher

By Benjamin Chiou

Date: Monday 17 Jun 2013

LONDON (ShareCast) - Strong gains for Vodafone were lifting the mobile telecommunications category higher on Monday afternoon as news of M&A activity across the sector boosted share prices.

Shares in the Eurozone’s largest telecoms group, Telefonica, rose in Madrid today after it was rumoured that US titan AT&T made an eye-watering $93bn bid for the heavily-indebted company.

Though the Spanish firm denied the reports, the positive readacross lifted stocks in London with Inmarsat, Mobile Streams and Mobile Tornado making gains.

Last week, Vodafone made a preliminary approach for Kabel Deutshland. Both companies did not actually disclose any details but it has widely been reported that the initial approach of €7.0bn (£6.0bn) was brushed off by the German cable operator, causing Vodafone to drop sharply last week.

However, speculation of a revised offer has given the shares a lift in recent days though The Sunday Times reported that Vodafone would have to put a whopping €11bn on the table if it wants to take over the German firm, comprising €8.0bn in cash and a debt pile of almost €3.0bn.


Top performing sectors so far today
Mobile Telecommunications 4,320.79 +2.79%
Household Goods & Home Construction 10,526.88 +2.29%
Personal Goods 22,191.81 +1.80%
Support Services 5,900.52 +1.75%
Financial Services 6,583.95 +1.50%

Bottom performing sectors so far today
Technology Hardware & Equipment 996.28 -2.90%
Industrial Metals & Mining 1,369.15 -1.55%
Oil Equipment, Services & Distribution 22,245.43 -1.07%
Forestry & Paper 8,627.86 -0.56%
Mining 15,868.91 -0.28%

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

MBT Market Data

Currency UK Pounds
Share Price 4.75p
Change Today 0.000p
% Change 0.00 %
52 Week High 5.25
52 Week Low 3.20
Volume 0
Shares Issued 349.24m
Market Cap £16.59m
Beta 0.00
RiskGrade 173

MBT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
13.43% below the market average13.43% below the market average13.43% below the market average13.43% below the market average13.43% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Price Trend
47.24% above the market average47.24% above the market average47.24% above the market average47.24% above the market average47.24% above the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Income Not Available
Growth
19.09% above the market average19.09% above the market average19.09% above the market average19.09% above the market average19.09% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

MBT Dividends

No dividends found

Trades for --2019

Time Volume / Share Price
0 @ 0.000p

MBT Key Personnel

CEO Avi Tooba

Top of Page