Yahoo Finance T-Mobile's (TMUS) 5G Service Powers BVLOS Drone Inspection
T-Mobile US, Inc. TMUS recently announced that Valmont has deployed its 5G technology in the latter’s beyond visual line of sight (BVLOS) drone inspection operation. Valmont is a leading developer of critical infrastructure and agricultural products that enhances farm productivity. Together, the companies accomplished the industry’s first unmanned 77-mile 5G-enabled drone flight inspection.
BVLOS flies beyond the visual range of ground operators and demands a robust, superior connectivity for faster data transmission, optimum navigation and communication link during the flight. The three-hour inspection was conducted in a rural region and TMUS 5G ensured uninterrupted connectivity throughout the mission. This highlights the optimum functionality of T-Mobile’s network, even in remote and difficult-to-reach areas.
The integration of various censors and Sony A7RM5 high-resolution camera with TMUS’ fast, reliable 5G network capabilities enable the BVLOS drone to monitor and facilitate real-time analysis of vital infrastructure and accelerate the decision-making process. The newly developed BVLOS drone is a three-times faster, fuel-efficient solution compared to traditional methods of monitoring and has a wide range of applications in the inspection of railroads, power, communication, agriculture infrastructure, long-range surveillance and more.
Approximately 275 million people use T-Mobile's ultrafast 5G service, and the company aims to reach 300 million connections this year. The recent collaboration with Valmont highlights the growing recognition of TMUS' 5G technology. The emergence of numerous 5G use cases and the broadening of the network's footprint across industries will greatly enhance its commercial prospects and solidify its position in the national wireless market.
T-Mobile continues to deploy 5G with the mid-band 2.5 GHz spectrum from Sprint. The company is expected to provide 5G to 99% of the U.S. population. It is likely to provide average 5G speeds of above 100 Mbps to 90% of the population. T-Mobile’s business plan is built on covering 90% of rural America with average 5G speeds of 50 Mbps, up to two times faster than broadband. It plans to continue lighting up this 5G spectrum at an aggressive pace. In many places, mid-band 5G average download speeds are around 300 Mbps with peak speeds approaching 1 Gbps.
TMUS competes for consumers at all price points. Customers, including prepaid and Lifeline, have access to the same 5G network and services.
Shares of the company have lost 5.6% in the past year compared with the industry’s decline of 23.3%.
Image Source: Zacks Investment Research
T-Mobile currently carries a Zacks Rank #3 (Hold).
You can see the complete list of today’s Zacks #1 Rank stocks here.
InterDigital, Inc. IDCC, currently sporting a Zacks Rank #1 (Strong Buy), delivered an earnings surprise of 170.89%, on average, in the trailing four quarters. In the last reported quarter, it pulled off an earnings surprise of 579.03%.
It is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular and wireless 3G, 4G and IEEE 802-related products and networks.
Akamai Technologies, Inc. AKAM, sporting a Zacks Rank #1 at present, delivered an earnings surprise of 4.86%, on average, in the trailing four quarters. In the last reported quarter, it pulled off an earnings surprise of 6.06%.
It is a global provider of content delivery networks and cloud infrastructure services. The company’s solutions accelerate and improve the delivery of content over the Internet, enabling faster response to requests for web pages, streaming of video & audio, business applications, etc. Its offerings are intended to reduce the impact of traffic congestion, bandwidth constraints and capacity limitations on customers.
Meta Platforms Inc. META, currently sporting a Zacks Rank #1, delivered an earnings surprise of 15.46%, on average, in the trailing four quarters. It is the world’s largest social media platform. The company’s portfolio offering evolved from a single Facebook app to multiple apps like the photo and video-sharing app Instagram, and the WhatsApp messaging app, owing to acquisitions.
META is considered to have pioneered the concept of social networking, which is why it enjoys a first-mover advantage in this market. As developed regions mature, the company undertakes measures to drive penetration in emerging markets of South East Asia, Latin America and Africa.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Akamai Technologies, Inc. (AKAM) : Free Stock Analysis Report
InterDigital, Inc. (IDCC) : Free Stock Analysis Report
T-Mobile US, Inc. (TMUS) : Free Stock Analysis Report
Meta Platforms, Inc. (META) : Free Stock Analysis Report
