ERF Wireless, Inc. (ERFB)

[sidsaldanha]

ERFB - Oilfield Communications Sector expected to make significant gains over the next few years. I feel acquisitions in this sector may play out here since ERF Wireless already have a infrastructure.

See below some analysis concerning the bigger movers in this sector.

The oilfield communications market size is expected to grow from USD 3.05 Billion in 2017 to USD 4.46 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 7.9%. The base year considered for the study is 2016 and the forecast period is 2017–2022.

This was taken from study that was done by Markets and Markets.

https://www.marketsandmarkets.com/Market-Reports/oilfield-communications-market-247995454.html

Go ERFB!!!