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Life has changed significantly in the face of the coronavirus pandemic, and the need to adapt has created a new normal.
For example, I can't remember the last time I physically walked into a grocery store. Since the coronavirus, all I've been doing is loading up an app, selecting what I want, and waiting for my groceries to be delivered right to my front door at the time of my choosing.
And it's not just online ordering that is expanding during this time.
From working at home through Zoom meetings to video conferences with your doctor, accessing a reliable technological infrastructure with high speeds to keep everyone connected is more important than ever.
The Big 5G News from T-Mobile
The company has achieved the historical milestone of being the first carrier to offer 5G services across all 50 states. This was made possible by joining up with its longtime partner, General Communications.
It first launched an LTE partnership in 2014 to deliver voice offer LTE, and now, its new roaming partnership will let T-Mobile offer 5G network connectivity in Anchorage, Alaska, the largest city in the state.
This accomplishment really shows the strength of T-Mobile's business and growing foothold in the 5G market.
Founded in 1990, T-Mobile has long been seen as an up-and-coming player in the wireless industry, but now, T-Mobile's merger with Sprint has redefined the wireless network into a giant much more comparable to its rivals: AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE: VZ). It has done this through integrating spectrum and other technologies and will continue to compete with its planned investment of $40 billion in its 5G network over the next three years, which according to T-Mobile will unlock at least $43 billion in value to shareholders.
While T-Mobile is going to be a great 5G stock, it's just the beginning.
By now, you've heard the 5G story a million times over. You've seen the billboards, you've seen the commercials, and you've seen the hype campaigns.
But there's a key reason why there hasn't been a nationwide rollout yet.
It was following in the footsteps of the 10 years it took 4G to roll out.
The FCC just injected an unprecedented amount of money to roll it out faster than 1G, 2G, 3G, and 4G combined.
But this isn't just a positive sign for the roughly 162 million Americans who've recently experienced slowing Internet. If our projections hold, you could net a huge payout by year's end.
About the Author
Alex Kagin is the Director of Technology Investing Research at Money Map Press. He has spent the last decade working in equity research, most recently with Energy Capital Research Group (ECRG), where he led technology stock research along with working as part of a team developing a customizable financial data platform for securities analysis.
Prior to joining ECRG, Alex spent 8 years at DeMatteo Research, a boutique primary research firm and broker-dealer servicing the institutional investment community. He managed the Tech, Media, and Telecom vertical where he spent time connecting with hundreds of tech executives and hedge funds to get the pulse of the market.
Alex has a B.S. in Economics from American University and previously held Series 7 and 63 security licenses.