TMCnet News

Developments in the Telecom API Market
[October 17, 2017]

Developments in the Telecom API Market


NEW YORK, October 17, 2017 /PRNewswire/ --

According to a report by Zion Market Research, the global telecom API market was valued at approximately USD 66.37 billion in 2016 and is expected to reach approximately USD 218.84 billion by 2022 while growing at a CAGR of around 22% between 2017 and 2022. The report indicates that increasing use of mobile internet and adoption of new technologies are driving demand of the global telecom API market. Strong competition within the market pushes the need to provide high-quality service at low costs and influences industries toward telecom. Tower One Wireless Corp (OTC: TOWTF), AT&T Inc. (NYSE: T), American Tower Corp. (NYSE: AMT), Sprint Corp. (NYSE: S), Verizon Communications Inc. (NYSE: VZ)

A report by Deloitte points out how the spread of 5G networks could affect the market. "The rise of 5G networks promises to spark an enormous wave of change starting in 2017. While the technology has not yet been fully defined, carriers are proceeding with lab and field trials for at least the basic connectivity elements in their race to stay competitive. The promise of 5G-more speed, greater efficiency, and less latency-will be essential to supporting connected things in the future. There could well be a push to launch 5G to consumers in trial markets by the end of 2017. We expect there will be full, mass market 5G coverage by approximately 2020," Deloitte reports.

Tower One Wireless Corp (OTCQB: TOWTF) also listed on the Canadian Stock Exchange under the Ticker 'TO'. Just earlier today the company announced breaking news that it has signed a letter of intent (the "LOI") to acquire a Mexican-based private tower company with a view to negotiating the terms of a definitive agreement in order to complete the acquisition of this Mexican-based tower company (the "Acquisition")

The Mexican-based tower company, which owns, builds and leases cellular towers to the telecom industry in Mexico, includes a Master Lease Agreement ("MLA") with AT&T permitting it to be granted direct Build-To-Suit ("BTS") opportunities for AT&T.

Alex Ochoa, CEO, stated "This acquisition will be a great addition to Tower One's strategy of entering into multiple jurisdictions that offer consistent annual infrastructure growth. We will now have the opportunity to work with one of the global leaders AT&T which is expanding its worldwide business. Since going public in Q1 2017, we have initiated our expansion program into three countries."

AT&T entered Mexico in 2015 by purchasing wireless operator Iusacell and the wireless assets of Nextel Mexico for a total of about $4.4 billion. Additionally, AT&T plans to invest as much as $3 billion to upgrade its network, improving LTE coverage to reach about 100 million users by 2018, up from around 51 million users currently. Further details regarding the proposed Acquisition will be provided in a news release, if and when the parties enter into a definitive agreement."

AT&T Inc. (NYSE: T) helps millions around the globe connect with leading entertainment, business, mobile and high-speed internet services. The company offers the nation's best data network and the best global coverage of any U.S. wireless provider. In 2015, AT&T introduced a new competitor to the Mexican telecommunications marketplace by making significant investments and presenting simple and transparent plans. The company plans to invest $3 billion dollars from 2015 to 2018 to deploy a high-speed mobile network, in addition to the $4.4 billion dollars AT&T already invested to acquire Iusacell and Nextel Mexico. By the end of 2015, AT&T made its 4G LTE network available to 44 million Mexicans, out of a population of 120 million. AT&T expects its 4G LTE mobile network will be available to 100 million people by the end of 2018.

American Tower Corp. (NYSE: AMT) is a leading independent owner, operator and developer of wireless and broadcast communications real estate. In addition to leasing space on towers, the company provides customized collocatin solutions through its in-building systems, outdoor distributed antenna systems and other right-of-way options, managed rooftops and services that speed network deployment. Recently, the company released information about its business in light of press reports regarding Tata Teleservices Limited in India. For the quarter ended June 30, 2017, Tata Teleservices accounted for approximately $80 million, or 5% of American Tower's consolidated property revenues, including approximately $32 million of pass-through revenue.



Sprint Corp. (NYSE: S) is a communications services company that creates more and better ways to connect its customers to the things they care about most. Sprint served 53.7 million connections as of June 30, 2017 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading no-contract brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. On September 12, 2017, the company and Ericsson unveiled results of the first U.S. 2.5 GHz Massive MIMO (multiple input, multiple output) field tests conducted in Seattle, Washington and Plano, Texas using Sprint's spectrum and Ericsson's 64T64R (64 transmit, 64 receive) radios. The two companies are preparing for commercial deployment next year, with Massive MIMO radios capable of increasing Sprint's network capacity up to ten times.

Verizon Communications Inc. (NYSE: VZ) began building and testing 4G LTE in 2008 and commercially launched the nation's first 4G LTE network in December 2010. Today, more than 98 percent of the U.S. population has access to 4G LTE and 90 percent of Verizon Wireless data traffic is carried over the network. In September, the company and Ericsson showcased technology milestones and used cases demonstrating continued industry leadership as LTE evolves, paving the way to 5G. Nicola Palmer, Verizon Wireless chief network officer, said: "Verizon has led the charge in deploying the latest technologies and harnessing unlicensed spectrum with our pioneering work on LTE-U/LAA and 3.5 GHz-putting us in a great position to continue providing the best network experience and to further extend our lead through 4G LTE Advanced features."


Subscribe Now! Watch us report from NYSE https://www.youtube.com/FinancialBuzzMedia

Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz

Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz

Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/

About FinancialBuzz.com 

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination, branding, marketing and advertising for third parties for corporate news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our unique financial newswire and media platform. For this release, FinancialBuzz.com has been compensated five thousand dollars for financial news dissemination and pr services by tower one wireless corp. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer disclosure and Terms of Use. Please visit: http://www.financialbuzz.com

For further information:
Media Contact:
[email protected]
+1-877-601-1879


SOURCE FinancialBuzz.com


[ Back To TMCnet.com's Homepage ]