Category: Products

Products

AT&T plans to use cell towers to bring internet access to thousands in rural South Carolina 0

AT&T plans to use cell towers to bring internet access to thousands in rural South Carolina

AT&T is planning to use cell towers across South Carolina to bring high-speed broadband to rural areas where internet access is slow to nonexistent. The telecom giant says it’s in the process of installing antennas capable of connecting thousands of people in sparsely populated corners of the state. Roughly 12,000 homes and businesses will have access to the new service by the end of the year.

The work covers some 20 counties in South Carolina under a Federal Communications Commission initiative to boost access in underserved areas. Company spokesman Daniel Hayes declined to say which areas would get service. AT&T is receiving $9.7 million a year from the government in return for connecting more than 30,000 customers here by the end of 2020.

Nationwide, the company is getting almost $428 million a year to extend access to 1.1 million customers in 18 states, the FCC says 1 . The federal subsidy, which was announced in 2015, is meant to boost investment in high-cost areas, where long distances and low density typically keep telecom companies away. In South Carolina, 38 percent of people in rural areas — nearly 605,000 in all — don’t have access to high-speed internet, FCC records show 2 , compared with 8 percent in urban areas.

The subsidized areas lack download speeds above 3 megabits per second, which is roughly equivalent to a DSL connection. Under the FCC program, they’ll be guaranteed a minimum of 10 Mbps, which is still slow by modern standards. Hayes said AT&T’s early tests have “easily” met that mark.

Hayes says the service will cost $60 a month, plus a one-time installation fee of $99, but discounts will be available for customers who buy other AT&T services. AT&T’s plan is to rely on its existing infrastructure and avoid laying new fiber by beaming signals from the cell towers it already has, a model known as fixed wireless. “Because of the wireless aspect of it and the greater ability to deliver that last-mile connection, it does help to overcome any obstacles that may be in the cost equation,” Hayes said. “This initial build, with it being infrastructure that we have in place with these towers, that comes from years of investment.” The idea is similar to satellite internet, with a receiver the size of a laptop installed outside. Unlike a signal beamed down from space, however, fixed wireless customers will need a clear line of sight to a tower, and they’ll need to be within a few miles.

Fixed wireless has emerged as a promising solution to the problem of the U.S.’s disconnected communities since it’s far cheaper than laying fiber cables that reach every home in America. The model is common in Western states, but it hasn’t been tried extensively in the Palmetto State. South Carolina has the third-lowest fixed wireless coverage in the country, ahead of only New Jersey and Hawaii, according to the research firm BroadbandNow 3 .

But it’s likely to spread, said Jim Stritzinger, the executive director of Connect South Carolina, which studies the state’s broadband networks.

Fixed wireless transmitters have become more effective and cheaper to install in recent years, making it a more practical solution. “It hasn’t been the technology of choice in South Carolina until recently,”Stritzinger said. “The cost of it has come way down, and the capability has gone way up.

The economics of fixed wireless have really changed in the last couple of years.” References ^ FCC says (apps.fcc.gov) ^ FCC records show (apps.fcc.gov) ^ BroadbandNow (broadbandnow.com)

Broadband Tower, Inc. (JASDAQ:3776): Honing in on the Technicals 0

Broadband Tower, Inc. (JASDAQ:3776): Honing in on the Technicals

At the time of writing, Broadband Tower, Inc. (JASDAQ:3776) has a Piotroski F-Score of 4. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers.

Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong.

On the other end, a stock with a score from 0-2 would be viewed as weak. Investors are always looking to gain any possible advantage in the stock market. Knowing the various risk and return possibilities for various types of stocks can be critical to positive performance.

Creating a balanced equity portfolio may be the essential first step when thinking about diving into the equity markets. Investors may come from all different types of backgrounds, and they may face completely different situations. Each investor may need to identify their objectives and try to figure out what’s best for their specific situation.

Investors may want to take a conservative approach to the markets. Others will be looking to go in full throttle with a very aggressive plan. Whatever the choice, it is important to note that picking stocks based on previous returns will never guarantee future returns.

Investors have many choices they can make when looking to purchase stocks. Figuring out levels of risk, expectations of returns, and the overall investment time horizon can all play a big part in crafting the initial plan. Turning to Free Cash Flow Growth (FCF Growth), this is the free cash flow of the current year minus the free cash flow from the previous year, divided by last year’s free cash flow.  The FCF Growth of Broadband Tower, Inc. (JASDAQ:3776) is .  Free cash flow (FCF) is the cash produced by the company minus capital expenditure.  This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends.  The Free Cash Flow Score (FCF Score) is a helpful tool in calculating the free cash flow growth with free cash flow stability – this gives investors the overall quality of the free cash flow.   MF Rank The MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price.

The formula is calculated by looking at companies that have a high earnings yield as well as a high return on invested capital. The MF Rank of Broadband Tower, Inc. (JASDAQ:3776) is 6241. A company with a low rank is considered a good company to invest in.

The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, “The Little Book that Beats the Market”. The Q.i. Value of Broadband Tower, Inc. (JASDAQ:3776) is 43.00000.  The Q.i.

Value is a helpful tool in determining if a company is undervalued or not.  The Q.i. Value is calculated using the following ratios: EBITDA Yield, Earnings Yield, FCF Yield, and Liquidity.  The lower the Q.i. value, the more undervalued the company is thought to be.

Value Composite The Value Composite One (VC1) is a method that investors use to determine a company’s value.  The VC1 of Broadband Tower, Inc. (JASDAQ:3776) is 33.  A company with a value of 0 is thought to be an undervalued company, while a company with a value of 100 is considered an overvalued company.   The VC1 is calculated using the price to book value, price to sales, EBITDA to EV, price to cash flow, and price to earnings.  Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield.  The Value Composite Two of Broadband Tower, Inc. (JASDAQ:3776) is 32. Volatility Stock volatility is a percentage that indicates whether a stock is a desirable purchase.  Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year.  The Volatility 12m of Broadband Tower, Inc. (JASDAQ:3776) is 35.966100.  This is calculated by taking weekly log normal returns and standard deviation of the share price over one year annualized.   The lower the number, a company is thought to have low volatility.  The Volatility 3m is a similar percentage determined by the daily log normal returns and standard deviation of the share price over 3 months.  The Volatility 3m of Broadband Tower, Inc. (JASDAQ:3776) is 33.320900.  The Volatility 6m is the same, except measured over the course of six months.  The Volatility 6m is 39.556900. ERP5 Rank The ERP5 Rank is an investment tool that analysts use to discover undervalued companies.

The ERP5 looks at the Price to Book ratio, Earnings Yield, ROIC and 5 year average ROIC. The ERP5 of Broadband Tower, Inc. (JASDAQ:3776) is 5829. The lower the ERP5 rank, the more undervalued a company is thought to be.

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Wales’ tech cities: Swansea and Cardiff lead chorus for tech jobs boom 0

Wales’ tech cities: Swansea and Cardiff lead chorus for tech jobs boom

Never mind Brexit, the two Welsh cities of Swansea and Cardiff are putting their tech credentials on the table. Our Celtic cousins in Wales are experiencing something of a tech jobs boom, with 103 new digital start-ups adding to the 117,470 tech workers in Swansea and Cardiff in the past year. Recent arrivals include AI start-up Amplyfi, which received a £400,000 unsecured loan from the Welsh government. ‘Last year, £4.6bn (68pc) of the UK’s tech investment was spent in regions outside the capital’ – RUTH JACOBS The traditional coal and steel industries of Wales were once the bedrock of the Welsh economy.

But now, according to Ruth Jacobs, managing director of Randstad business solutions, Cardiff and Swansea are two of the UK’s fastest-growing tech cities, due to investment in both graduate opportunities and the digital transformation of the country as a whole. Digital investment in the UK’s tech industry was estimated at £6.8bn in 2016. Putting the valleys in Silicon Valley In a recent review of Swansea and Cardiff by Randstad 1 , it was noted that the investment in the region has a symbiotic relationship with the education sector, with input from four major universities: Cardiff University, the University of South Wales, Cardiff Metropolitan University and Swansea University.

Jacobs said the universities provide a steady flow of IT-literate graduates to support the growing industry requirements. Swansea University was ranked 16th in the UK for graduate employment in the recent Times Higher Education World University Rankings. The digital staff requirements 2 in the tech sector are growing overall across the UK, adding to the existing 1.64m tech jobs.

Swansea and Cardiff are on track to becoming the leading tech employees, rivalling nearby Bristol. “Last year, £4.6bn (68pc) of the UK’s tech investment was spent in regions outside the capital,” Jacobs said. “Cardiff and Swansea have 17,470 tech jobs, and last year recorded 103 new tech and digital start-ups, such as Amplyfi, using artificial intelligence for data mining.” In terms of infrastructure, broadband connectivity across Wales is being bolstered as part of a Welsh government scheme to ensure ‘super-fast’ broadband, which will support investments not only in the cities but also across the south-east region. Development Bank of Wales is planning to support Welsh businesses with £1bn funding and unique investment projects such as the Compound Semiconductor Applications Catapult 3  in Cardiff, launched in 2016. This investment aims to fund innovative regional projects.

On the strength of the Swansea University IT programme, Swansea Bay City Region has secured a £500m deal to turn the area into a digital super-hub. In terms of start-ups, TechHub Swansea 4  provides office space for tech entrepreneurs with networking and lunch-and-learn events as part of the working landscape. Cardiff has similar innovation support, with  Tramshed Tech  5 supporting its co-working community.

Additionally, the ease of booking desk space at the Indycube 6  tech hub, available across Wales, nurtures the community. The Alacrity Foundation 7 ,  Cardiff Start 8 and the launch of  Innovation Point 9 ’s Welsh technology accelerator programme – named ‘Digital Dozen’ – are three programmes all aimed at supporting tech growth. “Swansea and Cardiff have great road and rail links to both London and Bristol,” Jacobs said. “Swansea is three hours by train from London, and Cardiff just over two hours. As a lifestyle choice, both cities are a 30-minute drive from areas of outstanding national beauty like the Gower Peninsula and the Brecon Beacons. “The house prices are also under the UK average, at £185,639,” she added.

References ^ Randstad (www.randstad.co.uk) ^ digital staff requirements (www.randstad.co.uk) ^ Compound Semiconductor Applications Catapult (csa.catapult.org.uk) ^ TechHub Swansea (swansea.techhub.com) ^ Tramshed Tech  (tramshedtech.net) ^ Indycube (indycube.cymru) ^ The Alacrity Foundation (www.alacrityfoundation.co.uk) ^ Cardiff Start (cardiffstart.com) ^ Innovation Point (www.innovationpoint.uk)