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T-Mobile (TMUS) to Deploy C-V2X to Boost Bellevue's Road Safety
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T-Mobile US, Inc. (TMUS - Free Report) announced that the City of Bellevue will deploy its network-based Cellular Vehicle-to-Everything (C-V2X) technology to lower traffic fatalities. The fifth largest city in Washington is actively seeking to leverage advanced technologies to achieve its Vision Zero initiative that aims to eliminate traffic-related deaths and injuries on city streets by 2030.
The C-V2X is an avant-garde communication technology, which includes vehicle-to-pedestrian (V2P), vehicle-to-vehicle (V2V) and vehicle-to-roadside infrastructure (V2I). It enables near real-time communications between cars, traffic infrastructure and vulnerable road users. It also generates necessary insights with visibility beyond the visual line of sight and provides information about potentially hazardous situations.
Initially, T-Mobile’s C-V2X solutions will be installed in school zone flashing beacons, mid-block pedestrian crossings, signalized intersections and reduced speed zones. Along with C-V2X equipment, TMUS will also provide loT solutions, end-to-end testing and other technical support.
TMUS’ advanced 5G networks will form the backbone of this technology and will ensure optimum functionality of the system by providing reliable and low latency connection. T-Mobile will also develop a mobile application for road users that will alert drivers about probable dangerous road interactions beforehand with audio-visual warnings.
In 2022, around 43000 traffic casualties were reported in the United States. T-Mobile is proactively working to develop next-generation technologies to enhance well-being in public roadways.
T-Mobile continues to deploy 5G with the mid-band 2.5 GHz spectrum from Sprint. The company is expected to provide 5G to 99% of the U.S. population.
TMUS’ business plan is built on covering 90% of rural America with average 5G speeds of 50 Mbps, up to two times faster than broadband. It plans to continue lighting up this 5G spectrum at an aggressive pace. In many places, mid-band 5G average download speeds are around 300 Mbps, with peak speeds approaching 1 Gbps. T-Mobile competes for consumers at all price points. Customers, including prepaid and Lifeline, have access to the same 5G network and services.
Shares of the company have gained 2.4% in the past year against the industry’s decline of 17.6%.
Image Source: Zacks Investment Research
T-Mobile currently carries a Zacks Rank #3 (Hold).
InterDigital, Inc. (IDCC - Free Report) , sporting a Zacks Rank #1 (Strong Buy), delivered an earnings surprise of 170.89%, on average, in the trailing four quarters. In the last reported quarter, it pulled off an earnings surprise of 579.03%. You can see the complete list of today’s Zacks #1 Rank stocks here.
It is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company designs and develops a wide range of advanced technology solutions, which are used in digital cellular and wireless 3G, 4G and IEEE 802-related products and networks.
Akamai Technologies, Inc. (AKAM - Free Report) , sporting a Zacks Rank #1 at present, delivered an earnings surprise of 4.86%, on average, in the trailing four quarters. In the last reported quarter, it pulled off an earnings surprise of 6.06%.
It is a global provider of content delivery networks and cloud infrastructure services. The company’s solutions accelerate and improve the delivery of content over the Internet, enabling faster response to requests for web pages, streaming of video & audio, business applications, etc. Its offerings are intended to reduce the impact of traffic congestion, bandwidth constraints and capacity limitations on customers.
Viasat, Inc. (VSAT - Free Report) , currently sporting a Zacks Rank #1, delivered an earnings surprise of 7.98%, in the last reported quarter. Viasat designs, develops and markets advanced digital satellite telecommunications and other wireless networking and signal processing equipment. The company serves its high-bandwidth, high-performance communications solutions to the public, as well as military, enterprises and government enterprises.
Viasat provides broadband services named ‘Exede’ in North America. This features the world's highest capacity satellite, ViaSat-1; satellite broadband networking systems, global mobile satellite services comprising high-speed in-flight Internet, as well as global tracking and messaging; and Wi-Fi and other hotspot support, operations and management systems.
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T-Mobile (TMUS) to Deploy C-V2X to Boost Bellevue's Road Safety
T-Mobile US, Inc. (TMUS - Free Report) announced that the City of Bellevue will deploy its network-based Cellular Vehicle-to-Everything (C-V2X) technology to lower traffic fatalities. The fifth largest city in Washington is actively seeking to leverage advanced technologies to achieve its Vision Zero initiative that aims to eliminate traffic-related deaths and injuries on city streets by 2030.
The C-V2X is an avant-garde communication technology, which includes vehicle-to-pedestrian (V2P), vehicle-to-vehicle (V2V) and vehicle-to-roadside infrastructure (V2I). It enables near real-time communications between cars, traffic infrastructure and vulnerable road users. It also generates necessary insights with visibility beyond the visual line of sight and provides information about potentially hazardous situations.
Initially, T-Mobile’s C-V2X solutions will be installed in school zone flashing beacons, mid-block pedestrian crossings, signalized intersections and reduced speed zones. Along with C-V2X equipment, TMUS will also provide loT solutions, end-to-end testing and other technical support.
TMUS’ advanced 5G networks will form the backbone of this technology and will ensure optimum functionality of the system by providing reliable and low latency connection. T-Mobile will also develop a mobile application for road users that will alert drivers about probable dangerous road interactions beforehand with audio-visual warnings.
In 2022, around 43000 traffic casualties were reported in the United States. T-Mobile is proactively working to develop next-generation technologies to enhance well-being in public roadways.
T-Mobile continues to deploy 5G with the mid-band 2.5 GHz spectrum from Sprint. The company is expected to provide 5G to 99% of the U.S. population.
TMUS’ business plan is built on covering 90% of rural America with average 5G speeds of 50 Mbps, up to two times faster than broadband. It plans to continue lighting up this 5G spectrum at an aggressive pace. In many places, mid-band 5G average download speeds are around 300 Mbps, with peak speeds approaching 1 Gbps. T-Mobile competes for consumers at all price points. Customers, including prepaid and Lifeline, have access to the same 5G network and services.
Shares of the company have gained 2.4% in the past year against the industry’s decline of 17.6%.
Image Source: Zacks Investment Research
T-Mobile currently carries a Zacks Rank #3 (Hold).
InterDigital, Inc. (IDCC - Free Report) , sporting a Zacks Rank #1 (Strong Buy), delivered an earnings surprise of 170.89%, on average, in the trailing four quarters. In the last reported quarter, it pulled off an earnings surprise of 579.03%. You can see the complete list of today’s Zacks #1 Rank stocks here.
It is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company designs and develops a wide range of advanced technology solutions, which are used in digital cellular and wireless 3G, 4G and IEEE 802-related products and networks.
Akamai Technologies, Inc. (AKAM - Free Report) , sporting a Zacks Rank #1 at present, delivered an earnings surprise of 4.86%, on average, in the trailing four quarters. In the last reported quarter, it pulled off an earnings surprise of 6.06%.
It is a global provider of content delivery networks and cloud infrastructure services. The company’s solutions accelerate and improve the delivery of content over the Internet, enabling faster response to requests for web pages, streaming of video & audio, business applications, etc. Its offerings are intended to reduce the impact of traffic congestion, bandwidth constraints and capacity limitations on customers.
Viasat, Inc. (VSAT - Free Report) , currently sporting a Zacks Rank #1, delivered an earnings surprise of 7.98%, in the last reported quarter. Viasat designs, develops and markets advanced digital satellite telecommunications and other wireless networking and signal processing equipment. The company serves its high-bandwidth, high-performance communications solutions to the public, as well as military, enterprises and government enterprises.
Viasat provides broadband services named ‘Exede’ in North America. This features the world's highest capacity satellite, ViaSat-1; satellite broadband networking systems, global mobile satellite services comprising high-speed in-flight Internet, as well as global tracking and messaging; and Wi-Fi and other hotspot support, operations and management systems.