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Thursday, August 10, 2017 2:09:13 PM
Verizon grabbing up everything fiber, and next will be last mile wireless fiber...kaboom!!!
Between acquisitions and supplier deals, Verizon has spent more than $3 billion on fiber–this year
It’s difficult to state just how valuable fiber optic assets are to the telecommunications network as the evolution from LTE to 5G continues. But, let’s give it a shot using Verizon as an example.
The latest came Aug. 1 when Verizon agreed to buy fiber and related infrastructure serving the Chicago, Ill. metro from WideOpenWest Inc. for $225 million. The transaction, expected to close in Q1 2018, provides fiber-based connectivity to more than 500 macro sites and more than 500 small cell sites, which Verizon already uses. The buy will reduce Verizon’s leasing fees related to the sites.
http://www.rcrwireless.com/20170802/carriers/verizon-fiber-investments-5g-tag17
HMMR could be on few radars, if not already!!!
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Post it up on my new board!
Sweet Crude's - Low Float and Chart Plays (please join)
http://investorshub.advfn.com/boards/board.aspx?board_id=21852
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