Key Takeaways T debuts 55+ plans at $40 for one line or $35 each for two, with broadband bundles at $99/month. New plans feature 10 GB hotspot data, ActiveArmor security and the AT&T Guarantee for reliability. T's pricing undercuts T-Mobile and Verizon, targeting simplicity and better value for senior customers.AT&T, Inc. (T) recently announced the launch of new wireless plans with enticing features tailored for people aged 55 and above. By opting for the plan, customers can get one line for $40/month or ...

Industry Overview - The Zacks Wireless National industry is facing high capital expenditures for infrastructure upgrades, uncertainty from tariff threats, supply-chain disruptions due to geopolitical tensions, and high customer inventory levels. However, it is expected to benefit from accelerated 5G rollout and increased fiber densification in the long run [1][4]. Current Market Dynamics - T-Mobile US, Verizon Communications, and Gogo are positioned to gain from rising demand for scalable infrastructure to support sustainable networks, driven by the proliferation of the Internet of Things (IoT), wireless traction, and solid broadband momentum [2]. Industry Description - The industry includes firms providing a wide range of communication services such as wireless, wireline, data/broadband, video, managed networking, and cloud-based services to both retail consumers and businesses. It also encompasses edge computing services for optimized application traffic routing [3]. Challenges Facing the Industry - High raw material prices and tariff impositions have disrupted supply chains and inflated equipment costs, impacting profitability. Increased competition from over-the-top service providers and price-sensitive customer retention strategies are expected to intensify challenges [4][6]. Growth Opportunities - The deployment of 4G LTE Advanced technologies and expansion of fiber optic networks are enhancing data speeds and capacity. The use of C-Band spectrum is expected to improve coverage in both rural and urban areas, leading to significant customer experience enhancements as the 5G ecosystem evolves [5]. Financial Performance - The Zacks Wireless National industry has outperformed the S&P 500 and the broader Zacks Computer and Technology sector over the past year, with a growth of 27.3% compared to 10.8% for the S&P 500 and 9.2% for the sector [9]. Valuation Metrics - The industry is currently trading at a trailing 12-month enterprise value-to-EBITDA (EV/EBITDA) of 9.38X, significantly lower than the S&P 500's 16.85X and the sector's 16.58X. Over the past five years, the industry has seen a range from 5.88X to 9.78X [12]. Notable Companies - **Gogo**: Focused on business aviation connectivity, Gogo has restructured its business model post-divestiture of its commercial in-flight connectivity division, improving liquidity and unlocking new opportunities. It has delivered an earnings surprise of 129.5% on average over the last four quarters [14]. - **T-Mobile**: A leading national wireless service provider, T-Mobile has achieved record-low churn rates and significant postpaid customer growth, supported by its Ultra Capacity 5G network. The stock has gained 37.1% over the past year with a long-term earnings growth expectation of 17.2% [17]. - **Verizon**: As a full-service wireless carrier, Verizon is expanding its fiber-optic networks and deploying advanced technologies to enhance data speeds. The stock has gained 5.5% over the past year and maintains a strong operational focus [20].

InterDigital (IDCC) FY Conference Summary Company Overview - InterDigital is a technology company founded in 1972, specializing in foundational research in wireless, video, and artificial intelligence [6][7] - The company has built a large and evergreen patent portfolio, licensing it to major vendors in the industry [7][8] - InterDigital employs around 500 people across 14 sites in 7 countries, focusing on hiring top talent from leading universities [11][12] Business Model and Strategy - The business model is centered on foundational technology, investing in research to stay ahead of the curve by 5 to 10 years [10][11] - The company participates in standard development, which drives value creation and technology dissemination [14][21] - InterDigital has a high concentration of inventors, with over 90% of employees being scientists and engineers [13] Financial Performance - The company has signed over 40 agreements with an economic value exceeding $3.7 billion in the last four years [33] - Revenue growth has been approximately 20-25% CAGR over the past four years, with adjusted EBITDA margins increasing [35][36] - The company has increased its dividend by 50% in the last twelve months and reduced share outstanding by 45% since 2011 [36] Market Opportunities - The mobile ecosystem has an economic impact of approximately $5.7 trillion, making it the third-largest GDP if considered a separate country [38] - InterDigital's core markets include smartphones, consumer electronics, and IoT, with a significant opportunity identified in cloud-based streaming video [39][40] - The smartphone market is expected to grow from over $400 million to $500 million in recurring revenue [42] Patent Portfolio - The patent portfolio has nearly doubled from 2017 to 2025, with a focus on wireless communication technology [29] - InterDigital's patent quality is ranked number one in 5G, top five in video, and top ten in WiFi [31] Capital Allocation - The company maintains a strong balance sheet and invests 50% of recurring revenue back into R&D [54] - InterDigital is optimistic about future M&A opportunities, having previously acquired Technicolor's patent assets [55] Licensing Agreements - 94% of revenue in 2024 is expected to come from fixed fee agreements, minimizing exposure to volume fluctuations [64] - The largest contract with Apple is a seven-year deal signed in 2022, providing stable revenue [66] Litigation and Customer Relations - InterDigital rarely resorts to litigation, focusing on bilateral negotiations for licensing agreements [71][73] - The company emphasizes fairness in licensing, ensuring that all competitors pay their fair share for using its technology [72][74] Long-Term Growth Strategy - The company aims to grow recurring revenue at 14% year-over-year, targeting over $600 million in adjusted EBITDA by 2030 [57] - Investments will continue in next-generation technologies, including 6G and advanced AI [57] Conclusion - InterDigital is positioned for significant growth with a strong patent portfolio, innovative technology, and a clear strategy for expanding into new markets [58]

Core Insights - AT&T, Inc. has outperformed the Wireless National industry and broader market indices, gaining 52.2% over the past year compared to the industry's 27.6% and the S&P 500's 12.1% [1][7] - The company is focusing on broadband innovation and strategic acquisitions to drive long-term growth while managing debt and maintaining dividend payments [3][5] Company Performance - AT&T has outperformed competitors such as Verizon Communications Inc. and T-Mobile US, with Verizon gaining only 6.1% and T-Mobile 36.6% during the same period [2] - The company is experiencing a downtrend in earnings estimate revisions, with 2025 estimates declining by 3.27% to $2.07 and 2026 estimates decreasing by 0.88% to $2.24 [10] Strategic Initiatives - AT&T plans to acquire Lumen's fiber connectivity business for $5.75 billion, which will add 1 million fiber customers and 4 million fiber locations, enhancing its competitive position in the fiber broadband market [5] - The company aims to expand its fiber network to approximately 60 million locations by 2030, nearly doubling its current reach [5] Technological Advancements - AT&T is adopting prpl Foundation's Life Cycle Management (LCM) to enhance broadband innovation, with around 12 million broadband gateways currently integrated with LCM [3][4] - The prplware software optimizes application deployment on broadband gateways, improving efficiency and supporting multi-carrier application deployment [4] Financial Metrics - As of March 31, 2025, AT&T had $6.88 billion in cash and cash equivalents against long-term debt of $117.26 billion, indicating a current ratio of 0.7, which suggests potential challenges in meeting short-term obligations [8] - The company's shares trade at a price/earnings ratio of 13.04, lower than the industry average of 13.72 but above its historical mean of 10.16 [11] Market Challenges - The U.S. wireless market is saturated, leading to a spectrum crunch that complicates mobile data traffic management for carriers [9] - Intense competition from industry giants like Verizon and T-Mobile is impacting AT&T's margins and growth potential [9][14]

Core Viewpoint - High-yield dividend stocks are highlighted as a reliable source of income for investors, particularly in retirement, with a focus on companies that have a proven track record of consistent dividend payments [1][2]. Group 1: Company Summaries - **Realty Income**: Current yield is 5.6%, known for being one of the largest REITs globally, paying monthly dividends, and has raised dividends for 110 consecutive quarters, with a payout ratio of 75% of anticipated 2025 funds from operations [4][5]. - **Altria Group**: Current yield is 6.7%, recognized as a Dividend King with over 50 years of uninterrupted dividend increases, despite declining cigarette volumes, maintains a payout ratio around 80% of cash flow, and has a significant stake in Anheuser-Busch InBev [6][7][8]. - **British American Tobacco**: Current yield is 6.8%, operates globally with a focus on next-generation nicotine products, has a dividend payout ratio of 66% of cash flow, and has transitioned to a quarterly payment schedule [9][10]. - **Verizon Communications**: Current yield is 6.1%, a leader in the U.S. wireless market with 21 consecutive annual dividend increases, and a payout ratio of only 58% of 2025 earnings estimates [11][12]. - **Enbridge**: Current yield is 5.7%, operates extensive pipelines and utilities, has a strong dividend track record with 28 consecutive annual increases, and maintains a payout ratio of 60% to 70% of distributable cash flow [13][14].

Core Insights - Nokia has partnered with Vodafone Qatar for a nationwide network modernization initiative aimed at enhancing 5G services for consumers and businesses in Qatar [1][11] - The partnership will leverage comprehensive end-to-end technology solutions to boost network capacity, reduce latency, and accelerate innovative service rollout [2][6] Network Modernization and Technology Integration - The initiative will provide enhanced agility through automation and improved security features, addressing the growing demand for reliable connectivity in Qatar's expanding digital economy [3][4] - Nokia's advanced technology will facilitate intelligent broadband access and new enterprise offerings such as 5G slicing, ensuring Vodafone Qatar remains at the forefront of technological advancements [4][5] Cloud-Native Solutions and Automation - Nokia's multi-cloud core software will deliver cloud-native automation and scalability to Vodafone Qatar's network, supporting the transition towards fully autonomous networks [5][6] - The integration of automated solutions across IP and optical networks, along with a five-year managed services agreement, will reduce operational costs and establish a future-proof network architecture [6] Market Position and Growth Strategy - Nokia is well-positioned in the technology cycle, with a strong end-to-end portfolio and a growing installed base of high-capacity AirScale products [7][10] - The company is focused on capital allocation and technology leadership, aiming for sustainable, profitable growth through additional 5G investments and an extensive patent portfolio [9][10] Performance Metrics - Nokia's shares have increased by 23.4% over the past six months, contrasting with a 2.4% decline in the Zacks Wireless Equipment industry [12]

Zacks Investment Research recently initiated the coverage of Franklin Wireless Corp. (FKWL) with a “Neutral” recommendation, marking the firm’s first Wall Street research report on the San Diego-based wireless solutions provider.Franklin Wireless, operating under the brand “FranklinAccess,” is carving out a niche in the 5G and 4G LTE ecosystem through a portfolio of mobile hotspots, fixed routers and IoT gateways. The report highlights both the compelling upside potential and key risks that investors should ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Clearfield (CLFD) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Clearfield is one of 607 companies in the Computer and Technology group. The Computer and Technology group currently sits at #6 within the Zacks Sector Rank. The Zacks Sec ...

Inseego (INSG) FY 2025 Conference May 28, 2025 10:50 AM ET Speaker0 Everyone for joining us. I'm Lance Vitanza, senior tech analyst at TD Cowen. I'm delighted to have the Inseego team with us here. It's Yuho Sarvakas and Steven Gaitoff. Yuho, of course, the CEO, Steven the CFO, and the general manager of Inseego Subscribe, which I want to get into at some point as well. Fair enough. But let's start actually maybe just with a little bit of Inseego one hundred one and talk a little bit about where the company ...

Ceragon Networks Ltd.’s (CRNT) shares have witnessed a sharp decrease of 44.2% in the past six months, underperforming the Wireless-Non U.S. industry’s growth of 16.4% and Computer and Technology’s decline of 1.4%. It also underperformed the S&P 500 composite’s fall of 3.2%. In the past three months, shares of CRNT have lost 18.7%.Image Source: Zacks Investment ResearchRecently, the company reported first-quarter 2025 results, wherein earnings and revenues surpassed the Zacks Consensus Estimate. While earni ...