Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Large cable MSOs (multi service Operators), together with several major IT firms and telecom organizations, have formed an alliance to free up spectrums in order to expand WiFi support network in Washington D.C.

The major participants in this alliance called “WifiForward” include Cable TV operators Comcast Corp. (CMCSA - Analyst Report), Time Warner Cable Inc. (TWC - Analyst Report) and Charter Communications Inc. (CHTR - Snapshot Report), IT firms Google Inc. and Microsoft Corp., and telecom organization Consumer Electronics Association, among others.

 “WifiForward” aims to protect and strengthen existing unlicensed spectrums, free up new spectrums to use at several different frequency bands and establish rules to encourage growth and deployment of WiFi networks.

Recently, research firm WeFi Inc. reported that the number of commercial WiFi hotspots is expected to reach 10.55 million in 2018 in the U.S. Earlier, WeFi had reported that the amount of mobile data offloaded in WiFi networks had jumped a tremendous 875% in the U.S. in 2013.

Sharing of WiFi networks by cable TV operators is not new in the U.S. In 2012, five cable large TV operators created a web access network called “CableWiFi”. The firms include Comcast, Time Warner Cable, Cablevision Systems Corp. (CVC - Snapshot Report), Cox Communications Inc. and Bright House Networks LLC.

Subscribers of these cable MSOs can access the Internet through laptops, smartphones, tablets, and other mobile devices through a nationwide shared network of more than 200,000 WiFi hotspots in metro areas. This also allows the subscribers to access the Internet from any location.

Cable MSOs throughout the U.S. are facing increasing competition from telecom operators, satellite TV providers and online video streaming service providers.

Roaming WiFi connectivity is likely to become a huge opportunity for cable MSOs to minimize their respective customer churn rate. In addition to retail consumers, the business enterprises are likely to become major growth accelerators for mobile WiFi hotspot.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%