5G network deployment
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Sunrise New Energy Signs Supply Agreement to Deliver 246 Tons in December, With an Annual Forecast of 3,000 Tons for Telecom Tower Backup Power Applications
Globenewswire· 2025-12-10 21:10
DOVER, USA, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW) today announced that its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd., has signed a supply agreement with Anhui Narada Huatuo New Energy Technology Co., Ltd. Under the contract, Sunrise will deliver 246 tons of graphite anode materials this month, with the total annual supply expected to reach 3,000 tons. This collaboration marks the Company’s successful entry i ...
American Tower to Report Q3 Earnings: What to Expect From the Stock?
ZACKS· 2025-10-24 14:46
Core Viewpoint - American Tower Corporation (AMT) is expected to report third-quarter 2025 results on October 28, with anticipated year-over-year revenue growth but a slight decline in adjusted funds from operations (AFFO) per share [1][7]. Financial Performance - In the last quarter, AMT reported an AFFO of $2.60 per share, meeting consensus expectations, with revenue growth driven by its property and service operations [2]. - The consensus estimate for quarterly revenues stands at $2.65 billion, reflecting a 5.2% increase from the previous year [6][9]. Revenue Segments - The Total Property segment is projected to generate operating revenues of $2.59 billion, indicating a 5.1% increase year-over-year [4]. - The Services segment is expected to see revenues of $58.2 million, representing an 11.9% growth compared to the prior year [4]. - The Data Centers segment is estimated to achieve revenues of $268 million, up from $234 million in the same quarter last year, benefiting from trends in cloud computing and IT infrastructure demand [5]. Market Dynamics - The demand for AMT's services is likely to remain strong due to increased capital expenditures by wireless carriers driven by rising wireless penetration and 5G network deployment [3]. - However, elevated churn in AMT's U.S. and Canada property segments may negatively impact overall performance [6][9]. Analyst Sentiment - Analysts have shown caution regarding AMT's upcoming quarter, with the consensus estimate for AFFO per share remaining unchanged at $2.62, indicating a slight decrease from the previous year [7]. - The company's Earnings ESP is currently at 0.00%, suggesting no clear prediction of a surprise in AFFO per share for the upcoming quarter [10].
American Tower Stock Up 19.3% YTD: Will It Continue to Rise?
ZACKS· 2025-07-16 14:25
Core Insights - American Tower (AMT) shares have increased by 19.3% year to date, outperforming the industry growth of 5.4% [1] - The company is expected to benefit from rising investments by wireless carriers in 5G networks, supported by solid business fundamentals and a prudent capital allocation strategy [1][4] - Analysts are optimistic about AMT, with the Zacks Consensus Estimate for its 2025 AFFO revised to $10.55 [1] Company Overview - American Tower possesses a geographically diversified communication real estate portfolio, with nearly 149,000 communication sites globally [3] - The company is well-positioned to capture demand due to increased capital expenditure from wireless carriers driven by rising wireless penetration and accelerated 5G deployment [3][4] - AMT has a resilient business model, generating most revenues from long-term, non-cancellable tower leases with major wireless carriers [5] Financial Performance - The company has shown strong growth in key financial metrics and continues to expand its platform amid favorable trends in the wireless industry [4] - As of March 31, 2025, AMT had a net leverage ratio of 5.0 and total liquidity of $11.7 billion, providing financial flexibility [6] - AMT enjoys investment-grade credit ratings of BBB and Baa3, allowing it to borrow at favorable rates [6] Dividend Strategy - American Tower has a disciplined capital distribution strategy, having raised its dividend 14 times with an annualized growth rate of 8.26% over the past five years [7][8] - The company is committed to increasing shareholder value through regular dividend hikes, supported by robust operating fundamentals [8]
American Tower Stock Up 11.8% in 3 Months: Will It Rise Further?
ZACKS· 2025-05-20 17:41
Core Viewpoint - American Tower (AMT) has experienced an 11.8% increase in share price over the past three months, contrasting with a 0.4% decline in the industry, driven by strong demand for its communication real estate portfolio due to rising wireless penetration and 5G deployment efforts [1][4]. Company Overview - American Tower owns a geographically diversified communication real estate portfolio, which positions it well to capture increasing demand from wireless carriers [1][4]. - The company benefits from long-term leases with tenants, ensuring stable cash flows and supporting its growth initiatives [2][5]. Financial Performance - In the first quarter of 2025, AMT reported adjusted funds from operations (AFFO) of $2.75 per share, surpassing the Zacks Consensus Estimate of $2.60, reflecting a year-over-year revenue increase [3]. - The company recorded organic tenant billings growth of 4.7% and total tenant billings growth of 5.2% in the same quarter, indicating robust demand for its services [6]. Market Position and Growth Drivers - The advancement of mobile technology and the increase in mobile data usage globally are driving growth in the wireless industry, leading to additional equipment deployment by service providers [4]. - American Tower's portfolio includes nearly 149,000 communication sites worldwide, enhancing its ability to meet incremental demand [4]. Financial Stability - As of March 31, 2025, American Tower had a net leverage ratio of 5.0 and total liquidity of $11.7 billion, providing financial flexibility for its operations [8]. - The company holds investment-grade credit ratings of BBB and Baa3, allowing it to borrow at favorable rates [8]. Dividend Strategy - American Tower has a disciplined capital distribution strategy, having increased its dividend 15 times with an annualized growth rate of 9.07% over the past five years, indicating a commitment to enhancing shareholder value [9]. Analyst Outlook - Analysts are optimistic about American Tower, with the Zacks Consensus Estimate for its 2025 AFFO revised upward by 1.1% to $10.14 over the past month, reflecting positive sentiment in the market [10].
Akanda Corp. Announces Share Exchange Agreement with First Towers and Fiber Corp
Newsfile· 2025-03-10 20:01
Core Viewpoint - Akanda Corp. has announced a Share Exchange Agreement with First Towers & Fiber Corp, focusing on expanding its telecommunications infrastructure in Mexico while discontinuing its cannabis distribution business in the UK [2][4][12]. Company Overview - Akanda Corp. is an international cannabis company dedicated to cultivating and distributing high-quality medical cannabis and wellness products [20]. - First Towers specializes in telecommunications infrastructure development in Mexico, operating a 700+ km fiber optic network and focusing on expanding its services to other Latin American countries [6][9]. Transaction Details - The Share Exchange Agreement will result in First Towers shareholders receiving one share of Akanda for every 2.5 shares held, totaling approximately 15.3 million shares, with an additional US$14.1 million payable 18 months post-transaction [4][5]. - Upon closing, First Towers shareholders are expected to own approximately 83.1% of the combined company [5]. Market Opportunity - The telecommunications industry in Latin America is valued at approximately US$81 billion, with Mexico being the second-largest market [7]. - There is a significant demand for new wireless towers in Mexico, with First Towers estimating that several thousand towers are needed to achieve 4G LTE coverage for 96.4% of the population [8][15]. - An estimated 244 million people in Latin America lack internet access, presenting a substantial opportunity for 5G network deployment, projected to develop into a market exceeding US$21 billion annually [10]. Business Strategy - Akanda Corp. plans to focus on the growth of its pre-revenue Canadian farming property in British Columbia, where it intends to develop THC and CBD facilities [13]. - The decision to cease operations in the UK was influenced by challenges in management and the cost-effectiveness of maintaining the business in light of projected revenues [12].