DISH Network Corp.
) - the second largest satellite TV operator in the U.S. and
NTELOS Holdings Corp.
) - a leading regional wireless network operator - jointly
launched broadband service across rural Virginia by utilizing 2.5
GHz band of airwaves.
CLEARWIRE CORP (CLWR): Free Stock Analysis
DISH NETWORK CP (DISH): Free Stock Analysis
NTELOS HOLDINGS (NTLS): Free Stock Analysis
SPRINT NEXTEL (S): Free Stock Analysis Report
To read this article on Zacks.com click here.
Last month, both DISH Network and NTELOS Holdings Corp. entered
into the partnership to rollout fixed-mobile broadband network
across Virginia. Following the successful trial of the
fixed-mobile broadband network, both these companies are prepared
to deploy services in the state by means of driving its network
speed in the range of 20 - 50 Mbps.
Higher proliferation of smartphones and tablets has facilitated
increased demand for network usage as more customers prefer
watching videos on their smart mobile devices. Moreover, huge
availability of HD video content coupled with flexible viewing
options offered by TV channel companies has further catapulted
the demand for network speed.
In order to address such issues, both these companies have
jointly setup two test sites for wireless towers in the Blue
Ridge Mountains near Waynesboro and Afton. Customers are provided
with a rooftop device, which will receive the signal and transmit
it to users' homes.
Despite having huge spectrums portfolios, DISH Network is yet to
decide about its wirekess network plan. Presently, the company is
bidding for 4G wireless wholesaler,
) and the third largest U.S. carrier,
Sprint Nextel Corp.
). The company has offered takeover bids of $4.40 per share for
Clearwire and $7.00 per share for Sprint.
Currently, DISH Network carries a Zacks Rank #3 (Hold).