Diversified Communication Services; BlackBerry Ltd (NASDAQ:BBRY), Oi SA (NYSE:OIBR), Sky-mobi (NASDAQ:MOBI), Novatel Wireless Inc (NASDAQ:NVTL)



BlackBerry Ltd. (NASDAQ:BBRY) Chief Executive Officer John Chen has held talks with the White House to ensure President Barack Obama and other staff members continue to use their BlackBerry devices. BlackBerry Ltd (NASDAQ:BBRY) stock performance was -0.59% in last session and finished the day at $10.04. Traded volume was 9.14million shares in the last session and the average volume of the stock remained 29.33million shares. The beta of the stock remained 1.63. BlackBerry Ltd (NASDAQ:BBRY) insider ownership is 15.01%.

In December, the company acquired 2,007 wireless sites in Brazil from Oi SA (ADR) (NYSE:OIBR), one of Brazil’s largest telecommunications service providers for $645 million. The sites currently have 1.6 tenants per site (including Oi SA (ADR) (NYSE:OIBR)) and include leases with all of the major wireless carriers in Brazil. This transaction follows SBA’s previously announced acquisition of use rights to 2,113 sites from Oi SA (ADR) (NYSE:OIBR), which closed November 26, 2013. Oi SA (ADR) (NYSE:OIBR) Rose 2.63 percent to $1.56 yesterday on volume of OIBR 6.59million shares. The intra-day range of the stock was $1.54 to $1.59. Oi SA (ADR) (NYSE:OIBR) has a market capitalization of $2.56billion.

Sky-mobi Limited (ADR) (NASDAQ:MOBI) soared to a one-year high of $9.74 on Thursday as the stock surged more than 25% on higher-than-average volume. Sky-mobi Ltd (ADR) (NASDAQ:MOBI)’s stock on Mar 06, 2014 reported a increase of 23.72% to the closing price of $9.18. Its fifty two weeks range is $1.54 -$9.74. The total market capitalization recorded $289.51million. The overall volume in the last trading session was 2.02million shares. In its share capital, Sky-mobi Ltd (ADR) (NASDAQ:MOBI) has 29.80million outstanding shares.

Novatel Wireless Inc. (NASDAQ:NVTL) reported a preliminary net loss of $21.3 million, or 63 cents per share, in the fourth quarter, and a net loss of $43.4 million, or $1.28 per share, for fiscal year 2013. On Wednesday, shares of Novatel Wireless Inc (NASDAQ:NVTL) advanced 10.04% to close the day at $2.85. Company return on investment (ROI) is -104.60% and its monthly performance is recorded as 10.47%. Novatel Wireless Inc (NASDAQ:NVTL) quarterly revenue growth is 36.36%.

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