Telecommunications and Wireless Communication Markets are Projected to Grow

USA - English

• USA - English

NEW YORK, October 24, 2017 /PRNewswire/ --

According to a research by Markets and Markets the telecom managed services market is expected to grow from USD 11.90 Billion in 2017 to USD 22.58 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.7%. While North America is the largest market share, the Asia Pacific (APAC) region is expected to grow at the highest CAGR from 2017 to 2022, in large thanks to increasing internet and mobile services and establishments of new data centers in China, India, Singapore, and Australia. The key trends which are driving this market include growing consumption in productivity applications, workforce decentralization, globalization of business, prominence of cloud-based enterprise mobility management, and robust environment for smartphones and tablets across the organizations. Tower One Wireless Corp (OTC: TOWTF), Telephone and Data Systems, Inc. (NYSE: TDS), American Tower Corp. (NYSE: AMT), Verizon Communications Inc. (NYSE: VZ), SBA Communications Corporation (NASDAQ: SBAC).

As for the wireless communications market, a report by The Economist indicates that the advent of 5G is expected to go cause another splurge of investments, just as orders for 4G devices are accelerating. Rahim Tafazolli, Director of the 5G Innovation Centre at the University of Surrey, explains that according to The Economist very soon most devices will be wirelessly connected, from self-driving cars and drones to the sensors, industrial machines and household appliances that together constitute the 'internet of things' (IoT).

Tower One Wireless Corp (OTCQB: TOWTF) also listed on the Canadian Stock Exchange under the Ticker 'TO'. Announced breaking news this morning that one of its operating subsidiaries has signed a Collocation Agreement with Claro in Colombia. The Collocation Agreement allows the company to lease tower sites to Claro.

Alex Ochoa, CEO of Tower One, states, "This is the first step in the Collocation of Tower One's cell tower infrastructure in Colombia, allowing the company to potentially double revenue by having a second tenant for all of our towers. Tower One currently has a pipeline of over 150 tower sites, and is continuing to build new towers each month."

Claro is part of América Móvil, a Mexican telecom group serving clients in Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay, Peru, Puerto Rico, Uruguay.

About Tower One Wireless Corp. - Tower One builds, owns, and leases a portfolio of wireless infrastructure assets to wireless carriers on long term contracts. Tower One is one of a few publicly traded small cap companies in the tower and wireless infrastructure industry. Tower One is operated by a team of telecom and finance professionals with a long history in the telecom and wireless infrastructure business. At Management's election 30 million shares issued to Tower One Management cannot be sold for three years. Tower One Wireless is currently focused on 4G & 5G LTE infrastructure expansion in Latin America.

Telephone and Data Systems, Inc. (NYSE: TDS) provides wireless; cable and wireline broadband, TV and voice; and hosted and managed services to approximately 6 million customers nationwide through its businesses, U.S. Cellular, TDS Telecom, OneNeck IT Solutions, and BendBroadband. On September 5, 2017, the company announced that its subsidiary TDS Broadband Service LLC announces the signed purchase agreement for K2 Communications, LLC in Mead, Colo. Once complete, the deal will add more than 1,200 service addresses to the adjacent Berthoud and Johnstown serving areas, acquired by TDS in 2013. Started in 2002, K2 Communications provides broadband, video and voice products to area residents. K2 Communications has been a solid community partner. TDS intends to build on that reputation focusing on exceptional customer service and reliable network connectivity. 

American Tower Corp. (NYSE: AMT) is a provider of wireless and broadcast towers, in-building and outdoor DAS, managed rooftops and services that speed network deployment. With 147,000+ communications sites, the company are committed to partnering with our customers to develop customized network solutions. 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. In addition, Tata Teleservices accounted for approximately $40 million in gross margin for the quarter ended June 30, 2017.

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. Recently, the company delivered strong results in third-quarter 2017, both adding and retaining wireless customers, and generating significant cash flow. Verizon reported EPS of 89 cents in the quarter, compared with 89 cents in third-quarter 2016. On an adjusted basis (non-GAAP), third-quarter 2017 EPS was 98 cents. This includes 7 cents per share in net losses primarily for early debt redemption costs, and 2 cents per share in acquisition and integration related charges in connection with Yahoo and other acquisitions. This compares with adjusted EPS of $1.01 in third-quarter 2016. Verizon reported a net increase of 603,000 retail postpaid connections in third-quarter 2017. Net phone additions of 274,000 included 486,000 smartphones in the quarter, compared with 242,000 smartphone additions in third-quarter 2016. 

SBA Communications Corporation (NASDAQ: SBAC) is a leading independent owner and operator of wireless communications infrastructure across North, Central and South America. By "Building Better Wireless", SBA generates revenue from two primary businesses - site leasing and site development services. SBA's primary focus is the leasing of antenna space on its multi-tenant towers to a variety of wireless service providers under long-term lease contracts. SBA owns and operates over 26,000 towers across North, Central and South America. Through its site development services, SBA offers wireless service providers assistance in developing their own networks.

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

URL: http://www.FinancialBuzz.com

SOURCE FinancialBuzz.com