We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
T-Mobile (TMUS) Expands Its Partnership With Crown Castle
Read MoreHide Full Article
T-Mobile US, Inc. (TMUS - Free Report) has inked a new 12-year deal with Crown Castle International Corp. (CCI - Free Report) that will support the former’s nationwide 5G network build-out with more access to the latter’s towers and small-cell locations.
Crown Castle operates and leases more than 40,000 cell towers and almost 80,000 route miles of fiber supporting small cells and fiber solutions across every major market in the United States.
The deal enables T-Mobile to expand the reach of its industry-leading 5G network, serving more customers across the country. On the other hand, it will help Crown Castle generate long-term tower and small-cell revenue growth.
The deal is integral to T-Mobile’s efforts to continue expanding its 5G network while realizing synergies following its merger with Sprint.
T-Mobile’s diversified growth strategy and network leadership are noteworthy. The stock has, however, lost 14.4% in the past year compared with the industry’s decline of 9.7%.
Image Source: Zacks Investment Research
T-Mobile continues to deliver its game-changing Ultra Capacity 5G to people across the country at an unprecedented pace. The Ultra Capacity 5G delivers superfast speed to a lot of people, powering 5G smartphones and enabling innovators to deliver transformational 5G experiences.
The company ended 2021 with more than 210 million people covered with the Ultra Capacity 5G, reaching more than 80% of all T-Mobile customers. It plans to reach 300 million people by the end of 2023.
While other wireless players focused on the millimeter wave, T-Mobile executed a multi-band spectrum strategy of using low-band Extended Range to cover the country and Ultra Capacity to bring fast 5G speeds to the maximum number of people. Extended Range 5G reaches more than 310 million Americans and is expected to cover 99% of Americans by 2023.
The company continues to expand its 5G network to bring fast and affordable wireless service across the country while helping Americans access the latest products and technologies. It also intends to bring more competition to home broadband, especially in underserved rural markets.
SeaChange International, Inc. (SEAC - Free Report) is a better-ranked stock in the broader Zacks Computer and Technology sector that carries a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for its current-year earnings has been revised upward by 10% over the past 30 days.
SeaChange International has a trailing four-quarter earnings surprise of 37.2%, on average. The stock has returned 12.6% in the past year.
KVH Industries, Inc. (KVHI - Free Report) , carrying a Zacks Rank #2, is also a decent pick for investors. The consensus estimate for current-year earnings has remained stable over the past 30 days.
KVH Industries has a trailing four-quarter earnings surprise of 50%, on average. It has, however, lost 21.1% in the past year.
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
T-Mobile (TMUS) Expands Its Partnership With Crown Castle
T-Mobile US, Inc. (TMUS - Free Report) has inked a new 12-year deal with Crown Castle International Corp. (CCI - Free Report) that will support the former’s nationwide 5G network build-out with more access to the latter’s towers and small-cell locations.
Crown Castle operates and leases more than 40,000 cell towers and almost 80,000 route miles of fiber supporting small cells and fiber solutions across every major market in the United States.
The deal enables T-Mobile to expand the reach of its industry-leading 5G network, serving more customers across the country. On the other hand, it will help Crown Castle generate long-term tower and small-cell revenue growth.
The deal is integral to T-Mobile’s efforts to continue expanding its 5G network while realizing synergies following its merger with Sprint.
T-Mobile’s diversified growth strategy and network leadership are noteworthy. The stock has, however, lost 14.4% in the past year compared with the industry’s decline of 9.7%.
T-Mobile continues to deliver its game-changing Ultra Capacity 5G to people across the country at an unprecedented pace. The Ultra Capacity 5G delivers superfast speed to a lot of people, powering 5G smartphones and enabling innovators to deliver transformational 5G experiences.
The company ended 2021 with more than 210 million people covered with the Ultra Capacity 5G, reaching more than 80% of all T-Mobile customers. It plans to reach 300 million people by the end of 2023.
While other wireless players focused on the millimeter wave, T-Mobile executed a multi-band spectrum strategy of using low-band Extended Range to cover the country and Ultra Capacity to bring fast 5G speeds to the maximum number of people. Extended Range 5G reaches more than 310 million Americans and is expected to cover 99% of Americans by 2023.
The company continues to expand its 5G network to bring fast and affordable wireless service across the country while helping Americans access the latest products and technologies. It also intends to bring more competition to home broadband, especially in underserved rural markets.
TMUS currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Stocks to Consider
SeaChange International, Inc. (SEAC - Free Report) is a better-ranked stock in the broader Zacks Computer and Technology sector that carries a Zacks Rank #2 (Buy). The Zacks Consensus Estimate for its current-year earnings has been revised upward by 10% over the past 30 days.
SeaChange International has a trailing four-quarter earnings surprise of 37.2%, on average. The stock has returned 12.6% in the past year.
KVH Industries, Inc. (KVHI - Free Report) , carrying a Zacks Rank #2, is also a decent pick for investors. The consensus estimate for current-year earnings has remained stable over the past 30 days.
KVH Industries has a trailing four-quarter earnings surprise of 50%, on average. It has, however, lost 21.1% in the past year.