Sprint Nextel (S) has expanded its fourth-generation (4G) wireless broadband network to two more US cities. The third largest US carrier has officially launched commercial services in San Antonio and Austin in Texas. The company’s 4G services now covers about 25 markets in the US, with plans to address more than 120 million people by the end of 2009.
 
Subscribers across the newly launched markets can now enjoy lightning fast mobile broadband experience by paying just $10 per month over their existing 3G wireless data plans. The 4G WiMax network offers up to 10 times faster network speeds than the existing 3G deployments. The download speeds enabled by the 4G WiMax network average 3−6 megabits per second (Mbps), with peak speeds exceeding 10 Mbps.  
 
Sprint offers its 4G service under the “Sprint 4G” brand and leverages the WiMax (a mobile broadband technology) network operated …

Sprint Nextel (S) has further expanded its fourth-generation (4G) wireless broadband network coverage to ten more U.S. markets. The third largest US carrier has officially launched commercial services in Salem (Oregon), Milledgeville (Georgia) and Texas cities of Amarillo , Killeen-Temple, Corpus Christi , Lubbock , Waco , Wichita Falls , Abilene and Midland-Odessa. This follows Sprint’s 4G service launches in Atlanta, Portland and Las Vegas in August 2009.   Sprint offers its 4G service under the "Sprint 4G" brand and leverages the WiMax (a mobile broadband technology) network operated by Clearwire Corp. (CLWR) in which it holds 51% stake. The 4G WiMax network offers up to 10 times faster network speeds than the existing 3G deployments. The download speeds enabled by the 4G WiMax network averages 3-6 megabits per second (Mbps) with peak speed exceeding 10 Mbps.    Subscribers across the newly launched markets can now ...

For Immediate Release

Chicago, IL – October 7, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Moody’s Investor Services (MCO), American Tower Corp (AMT), Crown Castle International (CCI), SBA Communications Corp (SBAC) and US Airways (LCC).

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Here are highlights from Tuesday’s Analyst Blog:

Moody's Upgrades American Tower

Moody’s Investor Services (MCO) has upgraded the rating of American Tower Corp (AMT) senior unsecured debt. So far, this paper has been given a “Ba1" rating by Moody’s which implies a junk corporate rating and probability of

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Moody’s Investor Services (MCO) has upgraded the rating of American Tower Corp’s (AMT) senior unsecured debt. So far, this paper has been given a “Ba1" rating by Moody’s which implies a junk corporate rating and probability of default rating. Now Moody’s has raised its rating to “Baa3," implying its lowest investment-grade rating. Major reasons for this debt rating upgrade were the company’s strong operating performance, increased cash flow and reduced debt over the past two years. American Tower accounts for most of its revenue from long-term (typically 5-10 year) tower leases with major wireless carriers. In addition, the company provides on-site maintenance and servicing of antennas, amplifiers and base-station equipment as it relates to leasing. This generates a strong long-term lease up-cycle. The revenue generated from leasing and management of such networks is impressive, and over 95% is recurring in nature. Yearly revenue increased ...

Tellabs Inc. (TLAB) recently agreed to supply its secure and highly reliable 7100 Optical Transport System to the US Army. Leading defense contractor General Dynamics (GD) selected Tellabs’ 7100 series transport level router. This system will be implemented between two largest army bases in the U.S. - White Sands Missile Range and Forte Bliss Range Complex. The deployment will be part of the U.S. Army’s Installation Information Infrastructure Modernization Program.

Tellabs’ Government System business provides converged advanced optical networking and services layer technologies onto one seamless platform. It operates with other government system integrators to reduce cost, complexity, space and power needs of telecom networks. Besides traditional telecom carriers, the company is expanding its market share among multi-service operators, particularly within the cable TV segment. Tellabs just received orders for its 7100 systems from two major cable TV operators.

The company has decided to substantially focus on

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For Immediate Release

Chicago, IL – July 24, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: L-3 Communications Holdings, Inc. (LLL), Lockheed Martin Corporation (LMT), Raytheon Company (RTN), FLIR Systems (FLIR) and Sprint Nextel (S).

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Here are highlights from Thursday’s Analyst Blog:

L-3 Communications Displays Resilience

Before the opening bell, L-3 Communications Holdings, Inc. (LLL) opened its second quarter reporting sales growth of 5.6% year-over-year to $3.93 billion barely beating our estimate of $3.88 billion and consensus estimate of $3.84 billion.

Showing resilience the company

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Good news is continuing for Alvarion Ltd. (ALVR), a Tel Aviv, Israel-based pure-play WiMAX service provider. Recent rumors within the broadband industry suggest a deal between Alvarion and Nokia-Siemens Network (NSN) for customer WiMAX deployment.NSN is a joint venture between Nokia Corp. (NOK) and Siemens AG (SI). According to industry sources, NSN has taken a strategic decision to shift its focus to other next-generation (4G) wireless technologies like LTE and HSPA+.However, in order to offer a bunch of 4G networks to its customers, NSN has decided to keep WiMAX in its portfolio and will outsource this technology from specialist WiMAX developers. Alvarion appears to be the most probable candidate.The agreement will be a boon to Alvarion if it materializes, especially after its failed agreement with currently bankrupt Nortel Networks.During June 2009, Alvarion ...