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T-Mobile US Seeks FCC Nod for 3.5GHz Trial Period Extension
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T-Mobile US Inc. (TMUS - Free Report) recently requested for Special Temporary Authority (STA) from the Federal Communications Commission (FCC) to extend its testing period in the 3,550-3,700 MHz frequency band in Las Vegas. Nokia (NOK - Free Report) and Ericsson (ERIC - Free Report) will be the network equipment providers.
The current trial period expires on Apr 10, wherein it is conducting tests in Las Vegas, Dallas and Richardson using 3.5 GHz. The wireless carrier urged for another six-month time frame, staring from Apr 11 to Oct 11, 2018.
T-Mobile US, along with its partners, is trying to have a better understanding of the frequency band, its features and services, and how it fares in different modes of experiment – be it outdoor or indoor.
However, the final guidelines from the FCC for the 3.5 GHz Citizens Broadband Radio Service (CBRS) band are yet to come. The FCC is considering new rules for the 3.5 GHz CBRS band.
CBRS was formed in August 2016 by several leading tech giants to explore low-cost ways for providing wireless service through unlicensed 3.5GHz band. In practice, CBRS works toward defining standards that will enable wireless carriers, enterprises, venue owners and others deploy 4G LTE networks in the 3.5 GHz band.
Earlier, major U.S. telecom operators commercialized the 3.5 GHz unlicensed wireless spectrum. Notably, the 3.5 GHz radio frequency is being considered in many parts of the world for the upcoming 5G wireless standard, raising the scope of providing spectrum globally.
Verizon Communications (VZ - Free Report) deployed both low- and high-power small cells using the 3.5 GHz band. T-Mobile US applied for an experimental radio license from the FCC to test 3.5 GHz equipment in Washington state. In December 2017, AT&T had requested FCC to conduct one-month 5G test on the 3.5 GHz frequency band, using Ericsson’s equipment inside a closed building in Washington, D.C.
In May 2017, United States Cellular submitted an application to the FCC for a six-month STA to conduct trial runs in the 3.5 GHz band in some areas of Maine and North Carolina.
Given this backdrop, we expect investor focus to remain on the outcome of the reported trial, which should enhance the carrier’s network. T-Mobile US’ innovative network expansion methodologies continue to be faster and technologically advanced and mark its attempt to stay ahead of competitors.
The carrier’s network has been the fastest in America in terms of download and upload speeds in the previous 16 quarters. In fourth-quarter 2017, the carrier claimed to be the first U.S. carrier to exceed 30 Mbps average download speed with 31.6 Mbps. By 2017, it expanded 4G LTE coverage breadth to 322 million people.
Price Performance
Backed by such positives, T-Mobile US has performed pretty well in the past year. Shares of T-Mobile US have moved up 1.2%, outperforming the industry’s decline of 11.9%.
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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T-Mobile US Seeks FCC Nod for 3.5GHz Trial Period Extension
T-Mobile US Inc. (TMUS - Free Report) recently requested for Special Temporary Authority (STA) from the Federal Communications Commission (FCC) to extend its testing period in the 3,550-3,700 MHz frequency band in Las Vegas. Nokia (NOK - Free Report) and Ericsson (ERIC - Free Report) will be the network equipment providers.
The current trial period expires on Apr 10, wherein it is conducting tests in Las Vegas, Dallas and Richardson using 3.5 GHz. The wireless carrier urged for another six-month time frame, staring from Apr 11 to Oct 11, 2018.
T-Mobile US, along with its partners, is trying to have a better understanding of the frequency band, its features and services, and how it fares in different modes of experiment – be it outdoor or indoor.
However, the final guidelines from the FCC for the 3.5 GHz Citizens Broadband Radio Service (CBRS) band are yet to come. The FCC is considering new rules for the 3.5 GHz CBRS band.
CBRS was formed in August 2016 by several leading tech giants to explore low-cost ways for providing wireless service through unlicensed 3.5GHz band. In practice, CBRS works toward defining standards that will enable wireless carriers, enterprises, venue owners and others deploy 4G LTE networks in the 3.5 GHz band.
Earlier, major U.S. telecom operators commercialized the 3.5 GHz unlicensed wireless spectrum. Notably, the 3.5 GHz radio frequency is being considered in many parts of the world for the upcoming 5G wireless standard, raising the scope of providing spectrum globally.
Verizon Communications (VZ - Free Report) deployed both low- and high-power small cells using the 3.5 GHz band. T-Mobile US applied for an experimental radio license from the FCC to test 3.5 GHz equipment in Washington state. In December 2017, AT&T had requested FCC to conduct one-month 5G test on the 3.5 GHz frequency band, using Ericsson’s equipment inside a closed building in Washington, D.C.
In May 2017, United States Cellular submitted an application to the FCC for a six-month STA to conduct trial runs in the 3.5 GHz band in some areas of Maine and North Carolina.
Given this backdrop, we expect investor focus to remain on the outcome of the reported trial, which should enhance the carrier’s network. T-Mobile US’ innovative network expansion methodologies continue to be faster and technologically advanced and mark its attempt to stay ahead of competitors.
The carrier’s network has been the fastest in America in terms of download and upload speeds in the previous 16 quarters. In fourth-quarter 2017, the carrier claimed to be the first U.S. carrier to exceed 30 Mbps average download speed with 31.6 Mbps. By 2017, it expanded 4G LTE coverage breadth to 322 million people.
Price Performance
Backed by such positives, T-Mobile US has performed pretty well in the past year. Shares of T-Mobile US have moved up 1.2%, outperforming the industry’s decline of 11.9%.
Zacks Rank
Currently, T-Mobile US is a Zacks Rank #3 (Hold) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>