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SPB News5 articles
Superior Plus Plunges 18% on Strategy Delay, Downgrade
Superior Plus shares tumbled 18.4% to C$6.48 Friday as the company pushed back key transformation goals and trimmed financial targets, prompting a CIBC downgrade.
Telstra Urges Government to Slash $7.3B Spectrum Fee, Warns of Price Hikes
Telstra is pressuring the Australian government to reduce a proposed $7.34 billion spectrum licence renewal fee, arguing it exceeds fair value by $4.1 billion and could lead to higher mobile prices or lower investment.
Vodafone Gains on Buyback and Egypt Spectrum Investment
Vodafone shares advanced 1.1% as the company disclosed a new share repurchase and a $350 million spectrum acquisition plan in Egypt. Analysts at LBBW raised their price target to 120 pence.
Telstra Shares Dip Amid Spectrum Fee Dispute Ahead of Earnings
Telstra shares edged lower as the telecom giant pushes for a cap on spectrum renewal costs, challenging regulator proposals ahead of its half-year results.
Vodafone Gains on Egypt Spectrum Acquisition Ahead of Key Financial Results
Vodafone shares advanced nearly 2% after its Egypt unit secured new 1,800 MHz spectrum for $100 million, with investors focused on cash flow and upcoming FY26 results.