ZTE

By Brant Carter “Rip and replace” counts among the pithier terms in the history of telecommunications regulation. The phrase is vernacular for the U.S. Federal Communication Commission’s Secure and Trusted Networks Reimbursement Program, and it’s simple enough conceptually....

The U.S. Federal Communications Commission (FCC) is set to bar all carriers benefiting from its Universal Service Fund (USF) to use any Huawei (SHE: 002502) or ZTE (SHE: 000063) equipment. What Happened The FCC Chairman Ajit Pai issued a two-part proposal on Monday. The draft proposal suggests...

Bank of America's bearish stance on Acacia Communications, Inc. (NASDAQ: ACIA) can no longer be justified as the company faces multiple positive catalysts ahead. The Analyst Bank of America's Tal Liani upgraded Acacia from Underperform to Neutral with a price target lifted from $40 to $64....

China's Huawei, the company accused of aiding the government spy across the world through its telecom technology, is suing the Canadian and United States governments. Lawsuit No. 1 Huawei CFO Meng Wanzhou was arrested by Canadian authorities in December when her plane landed in Vancouver. She...

What stocks should investors buy ahead of the launch of 5G? What about global telecom stocks that could benefit from a prolonged trade war with China? CNBC's Jim Cramer shared ideas with his viewers this week. Five Picks For 5G 5G, the fifth generation of wireless communication, could greatly...

One day after Piper Jaffray upgraded Acacia Communications, Inc. (NASDAQ: ACIA) to a bullish rating, Bank of America downgraded the optical stock to a bearish rating. The Analyst Bank of America's Tal Liani downgraded Acacia Communications from Neutral to Underperform with an unchanged $37...

Raymond James downgraded Finisar Corporation (NASDAQ: FNSR) Wednesday, but Piper Jaffray has a different take and upgraded the optical name along with its peer Acacia Communications, Inc. (NASDAQ: ACIA). The Analyst Piper Jaffray's Troy Jensen upgraded Finisar from Neutral to...

Assuming the Qualcomm, Inc. (NASDAQ: QCOM) tie-up with NXP Semiconductors NV (NASDAQ: NXPI) ultimately fails to be approved by Chinese regulators, NXP's stock is worth $119 per share on a standalone basis, according to SunTrust Robinson Humphrey.  The Analyst Analyst William Stein...

Optical stocks were trading mostly higher Wednesday morning after reports the U.S. Commerce Department reached an agreement to lift a ban on business with China's ZTE. What Happened The U.S. government banned U.S. companies from selling telecommunication equipment to China's ZTE in...

After a "steady dose of bad news" over the past year, now may be the time for investors to consider Acacia Communications, Inc. (NASDAQ: ACIA), according to Rosenblatt Securities. The Analyst Rosenblatt Securities' Ryan Koontz initiated coverage of Acacia Communications'...

The White House informed lawmakers Friday it has reached a deal to put the Chinese telecom company ZTE back in business, according to a New York Times report. Since April 16, ZTE has been banned from purchasing components from American firms for seven years. The denial order — issued as...

President Donald Trump tweeted Wednesday that the reversal on trade policy around ZTE Corp. does not indicate a slackened position on China trade negotiations. Here's what Trump said in a series of tweets: "The Washington Post and CNN have typically written false stories about our trade...

The U.S. government banned U.S.-based telecom companies from selling hardware and software components to the Chinese company ZTE for seven years. The announcement had a ripple effect across the entire optics sector and could even trigger industrywide consolidation, according to Northland Capital...

Optical stocks led by Acacia Communications, Inc. (NASDAQ: ACIA) were hit hard Monday morning after the U.S. government slapped a seven-year restriction on the sale of optical equipment by American companies to China's ZTE. The Analyst MKM Partners analyst Michael Genovese commented on the...