Investor Alley Inc.

Telecommunication Sector on the Move; (NYSE: MBT), (OTC Pink: KKPNY)

 

New York, NY -- (ReleaseWire) -- 02/19/2013 --Mobile TeleSystems OJSC (NYSE: MBT), the leading telecommunications provider in Russia and the CIS, announced decisions reached at the Company’s Extraordinary General Meeting of Shareholders held on February 14, 2013.

At the meeting it was decided to terminate the powers of the current MTS Board of Directors and elect the following persons to the MTS Board of Directors viz. Mr. Anton Abugov, Mr. Alexey Buyanov, Mr. Michel Combes, Mr. Andrei Dubovskov, Mr. Alexander Gorbunov, Mr. Thomas Holtrop, Mr. Stanley Miller, Mr. Vsevolod Rozanov and Mr. Ron Sommer.

Mobile TeleSystems OJSC, together with its subsidiaries, provides telecommunications services primarily in the Russian Federation, Ukraine, Uzbekistan, Armenia, and Belarus.

Find out more on MBT here: http://www.wallstreetscoop.net/market-scan/?symbol=MBT

Recently Macquarie upgraded Koninklijke KPN N.V. (OTC Pink: KKPNY) to Outperform from Underperform. Earlier HSBC Securities had downgraded it from Neutral to Underweight. In 2009 Bernstein had initiated the stock with Outperform and the same year Citigroup had upgraded the stock form Hold to buy.

Koninklijke KPN N.V., through its subsidiaries, provides telecommunications, and information and communication technology services. It offers wireline and wireless telephony, Internet, and television (TV) service to consumers. The company also provides voice and Internet wireline services, including fixed-line telephony access services and Internet over analog lines, digital lines, and Internet protocol (IP)-based connections.

The company was incorporated in 1989 and is headquartered in The Hague, the Netherlands.

Find out where KKNPY could be headed in the upcoming trading sessions by getting the daily trend analysis report here: http://www.wallstreetscoop.net/market-scan/?symbol=KKNPY

About WallStreetScoop.net
WallStreetScoop.net issues momentum alerts on stocks that can provide gains to day traders and short-term investors. WallStreetScoop.net provides members with timely information and exclusive alerts on under-valued stocks in the United States with the potential to deliver short-term gains.

WallStreetScoop.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals WallStreetScoop.net is often in the know of several large investor awareness campaigns being deployed.

Timing is everything when trading small cap stocks. Gain an Edge by joining the WallStreetScoop.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Scoop believes traders should have a chance at successfully trading Small stocks and invites traders and investors to be part of the free membership.

Simply sign up for free and start receiving exclusive alerts.

Subscribe Here: http://www.WallStreetScoop.net

Disclosure: WallStreetScoop.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetScoop.Net website, for complete risks and disclosures.

Investor Alley, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.

For full disclaimer visit: http://www.wallstreetscoop.net/disclaimer/

Contact Info:
Thomas Greene
Wall Street Scoop
info@wallstreetscoop.net
347-905-5009