Qwest was upgraded from ‘Neutral’ to ‘Overweight’ by Piper Jaffra...
Qwest was upgraded from “Neutral” to “Overweight” by Piper Jaffray. The telco is a potential candidate for consolidation, the research firm said. The company has no asset exposure to the increasingly competitive wireless market, little exposure to government subsidies…
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such as the Universal Service Fund that are at risk from possible regulatory changes and could benefit from increasing demand for fiber to wireless cell sites, it said.