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U.S. Cellular Partners with IoT America for Rural Customers

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United States Cellular Corporation (USM - Free Report) recently announced that it has partnered with Internet of Things America LLC or IoT America to provide an advanced suite of IoT solutions for enterprise customers and rural communities across the nation. Notably, IoT America leverages IoT to increase productivity and yield, minimize costs, save scarce resources and improve the quality of life in rural America.

IoT America offers unique IoT applications and solutions that enhance agricultural operations. As a result of the collaboration, the wireless carrier’s widespread customers will have access to IoT America’s unique set of technology solutions. Together, they will provide smart farming solutions for farmers and ranchers to deliver high yields while enhancing daily operations. This, in turn, will bridge the infrastructure gap by providing connectivity to Americans who earn their living in rural areas.

IoT America is redefining the wireless ecosystem and extending innovative technologies to rural America. It will begin with asset tracking and tank monitoring solutions for U.S. Cellular customers. While Asset Tracking entails outdoor applications and Lone Worker identification capabilities, the Tank Monitoring solutions involve diesel tank, propane tank and water tank monitoring. With this latest development, U.S. Cellular agricultural customers will get cost-effective means to reduce the complexity of growing their farm into a tech-forward business.

U.S. Cellular remains focused on offering the best wireless experience to its rural customers by providing superior quality network and national coverage. It continues to enhance advanced wireless services and connected solutions to better cater to its business and government customers.

Over the past three months, shares of U.S. Cellular have gained 19.4% compared with 8.9% growth for the industry.

U.S. Cellular currently sports a Zacks Rank #1 (Strong Buy). Other top-ranked stocks in the broader industry include Telenav, Inc. (TNAV - Free Report) , Verizon Communications Inc. (VZ - Free Report) and QUALCOMM Inc. (QCOM - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Telenav beat earnings estimates in each of the trailing four quarters, the average surprise being 3.7%.   

Verizon has a long-term earnings growth expectation of 5.9%. It surpassed earnings estimates twice in the trailing four quarters with an average positive surprise of 2.1%.      

QUALCOMM has a long-term earnings growth expectation of 10.9%. It beat earnings estimates in each of the trailing four quarters, the average surprise being 19.8%.     

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