Southern Telecom - an affiliate of electric utility firm
) - declared that it has finished the installation of Northern
Fiber Optic Ring at Georgia State University (GSU). Georgia State
University is a leading urban research university based in
The newly installed Northern Fiber Optic Ring will connect to the
existing Southern Fiber Optic Ring of the university. As a result
13 additional buildings in the university campus will be
connected to the fiber optic network of the university.
Southern Telecom has been providing support to GSU for many years
and has created the Southern Fiber Optic Ring of the university
some years back. But due to the significant growth of student
population, university management built some new buildings in the
campus. To support this student density and faculty needs,
Georgia State University has entered into a deal with Southern
Telecom to expand its fiber optic network.
Headquartered in Atlanta, Georgia, Southern Company is one of the
largest generators of electricity in the nation, along with the
Duke Energy Corporation
). The company serves both regulated and competitive markets
across the Southeastern U.S. The company also engages in the
construction, acquisition, and management of generation assets,
provision of digital wireless communications services, and the
provision of fiber optic solutions to telecommunication
Southern Company's heavy reliance on coal-generated energy supply
and a lack of meaningful contribution from renewable energy is a
matter of concern. In the current age of growing emphasis on
'environment friendly or green' energy, the company may be forced
to divert cash flows to ensure regulatory compliance, which can
adversely impact profitability.
Southern Company currently carries a Zacks Rank #4 (Sell),
implying that it is expected to underperform the broader U.S.
equity market over the next one-to-three months.
In the electric utility space
Brookfield Infrastructure Partners LP
) displays better fundamentals and currently holds a Zacks Rank
#1 (Strong Buy).
BROOKFIELD INFR (BIP): Free Stock Analysis
DUKE ENERGY CP (DUK): Free Stock Analysis
EXELON CORP (EXC): Free Stock Analysis Report
SOUTHN COMPANY (SO): Free Stock Analysis
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