Keyword: Wells Fargo Securities
Wells Fargo upped its guidance for T-Mobile’s fourth-quarter results after the carrier painted a rosy picture on its performance.
On Wednesday, SBA Communications became the first tower company to confirm it has received applications from AT&T for the FirstNet build, Wells Fargo reported.
FirstNet and AT&T proclaimed a clean sweep as the deadline passed for states to opt out of its wireless network for first responders.
Operators will increasingly invest in small cells next year as they densify their networks ahead of 5G rollouts.
The U.S. small cells market hasn’t lived up to expectations, but Wells Fargo predicts the segment will be "pursued in earnest" by carriers in 2018.
T-Mobile may seek to capitalize on increasing stocks of Apple's iPhone X with aggressive promotions after the holidays, Wells Fargo noted.
Tower companies are positioned to benefit from tax reform and the rise of the internet of things, analysts said this week.
Verizon won the rights to distribute NFL games through smartphones and tablets to customers of any wireless carrier in the United States.
Wells Fargo upgraded shares of Verizon, saying the company's wireless service revenues should return to growth by the third quarter of 2018.
U.S. Cellular customers are using 51% more data annually due largely to the carrier's release of unlimited-data plans earlier this year, Wells Fargo said.