Wireless Communications Stocks’ Research Reports Released on TELUS, Fusion Telecommunications, xG Technology, and SK Telecom

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NEW YORK, Dec. 19, 2017

In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on TU, FSNN, XGTI, and SKM which is a click away at www.wallstequities.com/registration. Today's pre-market research on WallStEquities.com concentrates on the Wireless Telecommunications Services industry, which consists of companies engaged in providing wireless communication services, such as paging, cell phone, and other satellite telecommunication services. Equities under monitoring are TELUS Corp. (NYSE: TU), Fusion Telecommunications International Inc. (NASDAQ: FSNN), xG Technology Inc. (NASDAQ: XGTI), and SK Telecom Co. Ltd (NYSE: SKM). Following registration on Wall St. Equities, get access to today's free stock reports at: www.wallstequities.com/registration


Vancouver, Canada-based TELUS Corp.'s stock finished Monday's session 0.43% higher at $37.44. A total volume of 420,334 shares was traded, which was above their three months average volume of 406,630 shares. The Company's shares have advanced 3.00% over the previous three months and 17.55% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.12% and 6.91%, respectively. Furthermore, shares of TELUS, which together with its subsidiaries, provides a range of telecommunications products and services in Canada, have a Relative Strength Index (RSI) of 49.91.  

On November 21st, 2017, research firm Bank of America/ Merrill resumed its 'Neutral' rating on the Company's stock.

On December 15th, 2017, TELUS announced that it successfully completed a live-environment, mobile broadband test using the 3.5 GHz spectrum – again advancing the Company's network capabilities closer to 5G speeds. The tests, which took place in suburban northwest Edmonton, achieved download speeds eclipsing 2 Gbps and helped demonstrate how important the 3.5 GHz spectrum is to enable 5G networks of the future. Start your free membership with our free report on TU at: www.wallstequities.com/registration/?symbol=TU

Fusion Telecommunications International

Shares in New York headquartered Fusion Telecommunications International Inc. ended at $3.61, down 1.37% from the last trading session. The stock recorded a trading volume of 67,614 shares. The Company's shares have surged 25.78% in the last one month, 22.79% in the previous three months, and 140.67% on an YTD basis. The stock is trading 18.83% above its 50-day moving average and 77.05% above its 200-day moving average. Moreover, shares of Fusion Telecommunications, which together with its subsidiaries, provides cloud communications, cloud connectivity, cloud infrastructure, cloud computing, and managed cloud-based solutions to small, medium, and large businesses worldwide, have an RSI of 56.23.  

On November 30th, 2017, Fusion Telecommunications announced that its advanced cloud voice and connectivity solutions have been selected to improve communications for two, major enterprises in the Healthcare and Hospitality verticals. These two, cloud services contracts are valued at more than $1.6 million. Customers cited the Company's expertise in meeting the specialized requirements of these key industries. Gain free access to the research report on FSNN at: www.wallstequities.com/registration/?symbol=FSNN

xG Technology

Sarasota, Florida headquartered xG Technology Inc.'s stock ended yesterday's session 1.90% higher at $1.61 with a total trading volume of 347,342 shares. The Company's shares have advanced 4.55% in the past month and 19.26% on an YTD basis. The stock is trading 0.25% above its 50-day moving average. Additionally, shares of xG Technology, which designs, develops, and delivers advanced wireless communications solutions worldwide, have an RSI of 49.27.  

On November 29th, 2017, xG Technology announced that it has been awarded a subcontract from Leidos to provide interference mitigation solutions and simulation models under a Defense Advanced Research Projects Agency shared spectrum research program. The award leverages the Company's innovations in software defined cognitive radio platforms, and expertise in developing architectures that better enable spectrum sharing and significantly enhance interference mitigation. Signing up today Wall St. Equities give you access to the latest report on XGTI at: www.wallstequities.com/registration/?symbol=XGTI

SK Telecom

On Monday, shares in Seoul, South Korea headquartered SK Telecom Co. Ltd recorded a trading volume of 616,142 shares, which was above their three months average volume of 532,030 shares. The stock finished 0.53% lower at $28.05. The Company's shares have advanced 7.76% in the last one month, 17.31% in the previous three months, and 34.21% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.55% and 10.91%, respectively. Furthermore, shares of SK Telecom, which provides wireless telecommunications services in South Korea, have an RSI of 61.81.

On December 01st, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Register now for today's free coverage on SKM at: www.wallstequities.com/registration/?symbol=SKM

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Sarah Thompson

Sarah Thompson

Sarah is a financial reporter, focusing on technology, national security, and policing. Before joining Daily Telescope she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.
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