Mobile TeleSystems

(

MBT

) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 1.1%. By the end of trading, Mobile TeleSystems rose $1.26 (9.1%) to $15.18 on heavy volume. Throughout the day, 7.7 million shares of Mobile TeleSystems exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in a price between $13.70-$15.35 after having opened the day at $13.80 as compared to the previous trading day's close of $13.92. Other companies within the Telecommunications industry that increased today were:

Globalstar Incorporated

(

GSAT

), up 7.7%,

UTStarcom Holdings

(

UTSI

), up 7%,

Wireless Telecom Group Inc

(

WTT

), up 6.1%, and

Motricity Inc

(

MOTR

), up 5.7%.

Mobile TeleSystems OJSC, together with its subsidiaries, provides telecommunications services primarily in the Russian Federation, Ukraine, Uzbekistan, Turkmenistan, Armenia, and Belarus. Mobile TeleSystems has a market cap of $13.38 billion and is part of the

technology

sector. The company has a P/E ratio of 14, above the average telecommunications industry P/E ratio of 10.1 and below the S&P 500 P/E ratio of 17.7. Shares are down 33.3% year to date as of the close of trading on Monday.

TheStreet Ratings rates Mobile TeleSystems as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.

On the negative front,

Alcatel-Lucent

(

ALU

), down 14.5%,

Maxcom Telecomunicaciones S.A.B. de C.V

(

MXT

), down 10.8%,

I.D. Systems Inc

(

IDSY

), down 9.7%, and

Technical Communications

(

TCCO

), down 9.6%, were all losers within the telecommunications industry with

Motorola Solutions Inc

(

MSI

) being today's telecommunications industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider

iShares Dow Jones US Telecom

(

IYZ

) while those bearish on the telecommunications industry could consider

ProShares Ult Sht Telecommunication

(

TLL

).

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