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Technology and Telecommunication Acquisition Corporation  (TETE)
Other Ticker:  
 
    Sector  Services    Industry Professional Services
   Industry Professional Services
   Sector  Services
 
Price: $12.5000 $0.00 0.000%
Day's High: $12.5 Week Perf: 3.14 %
Day's Low: $ 12.50 30 Day Perf: 1.71 %
Volume (M): 83 52 Wk High: $ 14.45
Volume (M$): $ 1,036 52 Wk Avg: $12.15
Open: $12.25 52 Wk Low: $11.49



 Market Capitalization (Millions $) 77
 Shares Outstanding (Millions) 6
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Technology And Telecommunication Acquisition Corporation
Technology and Telecommunication Acquisition Corporation (TTAC) is a company that specializes in acquiring technology and telecommunication businesses. It focuses on identifying potential targets in the industry and executing strategic transactions to acquire or merge with these companies.

TTAC conducts thorough analysis and due diligence to assess the target company's financial health, potential for growth, and compatibility with its existing portfolio. It aims to acquire companies that have innovative products or services, strong market positions, and the ability to generate sustainable revenue.

The corporation utilizes its expertise and industry knowledge to leverage synergies and drive growth in the companies it acquires. This may involve implementing operational improvements, expanding customer base, or introducing new technologies to enhance the target company's offerings.

TTAC may also provide financial and managerial support to the acquired companies to help them achieve their growth objectives. This may include access to capital, guidance in strategy development, and assistance in navigating regulatory and market challenges.

Overall, Technology and Telecommunication Acquisition Corporation plays a crucial role in the technology and telecommunication industry by identifying promising companies, acquiring them, and strategically managing their growth to create value for stakeholders.


   Company Address: C3-2-23A, Jalan 1/152 Kuala Lumpur 58200
   Company Phone Number: 2334 8193   Stock Exchange / Ticker: TETE


   

Stock Performances by Major Competitors

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Technology And Telecommunication Acquisition Corpo

Technology And Telecommunication Acquisition Corp Reports Significant Improvement in Fiscal Quarter Results, Reducing Operating Deficit to $-0.150675 Million

Investors Get Surprising Results from TETEs Earnings Season
During the earnings season from March to May 31, 2024, shareholders of Technology And Telecommunication Acquisition Corporation (TETE) were not expecting any major adjustments at the company. However, they were surprised to observe an operating deficit of $-0.150675 million during the same period.
This operating deficit has raised concerns among shareholders, especially since it exceeds the deficit observed in the same three months of the previous year. TETE primarily operates in the expansion sector, making it crucial to analyze and understand the implications of this report.

Technology And Telecommunication Acquisition Corpo

Technology And Telecommunication Acquisition Corp Reports Disappointing First Quarter Results for 2024

The Professional Services industry consultants have recently begun to analyze the first quarter results of 2024, and the findings are not as positive as many had hoped. With an operating deficit of $-0.22019 million, TETE has not yet shown any significant top-line numbers for the December to February 29 financial reporting period.
This news has certainly put a damper on the spirits of investors, as the company's day to day operations seem to be struggling in comparison to the previous year. However, it is important to note that the focus during the research period has been on the company's overall success, which may still hold promise for the future.

Technology And Telecommunication Acquisition Corpo

Dismal Decline: Professional Services Company's Behavior Takes a Hit in Fiscal Period Ending Fourth Quarter of 2023



March 2024 saw a slight drop of 0.09% in the stock value of Technology And Telecommunication Acquisition Corpo (TETE). However, when compared to the stock performance a year earlier, TETE had shown an impressive improvement of 9.61%. With TETE stock gaining momentum and nearing its 52-week high, it is essential to analyze the financial results and operational challenges the company has faced in recent times and how they may impact the company going forward.
Operational Challenges and Concerns
During the reporting cycle of September to November 30, 2023, TETE did not deliver the expected revenue adjustments. Despite this disappointment, shareholders expressed concern over the company's operating deficit, which amounted to $-1.052634 million during the same period. Comparatively, in the fourth quarter of 2022, the operating deficit was slightly lower at $-0.591248 million.

Technology And Telecommunication Acquisition Corpo

TETE Emerges as a Rising Star in the Blank Checks Industry with Impressive Q3 Numbers

In the rapidly growing Blank Checks industry, where big players dominate the market, some lesser-known businesses are starting to gain attention with their respective numbers. One such company, Technology And Telecommunication Acquisition Corpo (TETE), recently revealed its financial results for the third quarter of 2023.
TETE reported an operating shortfall of $-0.307548 million during the period. Despite this, the shareholders remain optimistic about the company's future, as they expect new revenue streams to develop soon. They are less concerned about the current operational behavior of TETE, focusing instead on the potential for growth.

Technology And Telecommunication Acquisition Corpo

TETE Unveils Q2 2023 Performance, Underpins Evolving Landscape in Blank Checks Sector!

The stock market can often be a roller coaster ride, filled with ups and downs and unforeseen twists. However, amidst the flurry of activity, there are smaller companies that are making their mark in the Blank Checks sector. One such company is TETE, which recently announced its operating deficit for the second quarter of 2023.
Despite the negative figure of $-0.18274 million, TETE has shown promising growth compared to the same period in 2022, where it reported a deficit of $-0.0533 million. While it is unusual for a company to not post a surplus, TETE's management has managed to outperform their previous efforts.










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