Strong start with a new share …

Q: Can you comment on the overall environment in the USA and your plans for a firm wireless access? How do you approach the current interest rate environment of capital allocation? A: The carrier environment in the USA is positive, with leasing activities increasing and growing residues indicate the continuing investment needs. The solid wireless access is an essential driver for network use and requires further investments. With regard to the capital allocation, our strong lever position enables flexibility despite higher interest rates. We undertake a balanced approach, including share buyback, asset investments and debt repayments as well as our dividend.

Q: What are your prospects for us leasing activities by the end of the year and how do you manage bilateral contractual relationships with big customers? A: We assume that US leasing activities will be higher compared to the first quarter, which corresponds to about $ 9 million from new rental contracts and changes. With regard to the bilateral contract department, we usually have master leasing agreements with customers, whereby AT&T is an exception in which we have a holistic agreement. We remain open to similar agreements with other customers.

Q: Can you explain the drivers behind the business with higher network services and the slight increase in domestic deviations? How do you approach M&A in Canada? A: The business with higher network services is powered by a customer who works faster than expected. The domestic emigration lies in our expected area, with a slight increase in times. For M&A in Canada, we assess the possibilities thoroughly and follow them when they offer value and competition prices.

Q: What are DISH long -term plans and have there been inquiries from cable companies to enter the spectrum? A: We have limited specific information about DISH's plans, but focus on your independent network. There were no significant inquiries from cable companies to use spectrum in our towers, although we had discussions about CBRs.

Q: What is the visibility for organic growth and the emigration dynamics in international markets, especially in Latin America? A: In Latin America we approach the end of the effects of emigration through consolidation in several markets, which should lead to more network investments and growth. However, due to the persistent consolidation effects, Brazil still has a emigration. We expect increased emigration internationally in the next few years, but expect growth acceleration as soon as this dynamic stabilizes.

You can find the complete copy of the earnings call in the complete earnings call.

This article first appeared on Gurufocus.