By
Tim Beyers
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More Articles
November 28, 2012
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After months of malaise, shares of Acme Packet (Nasdaq: APKT ) are up more than 12% over the past 30 days on newfound business momentum. MetroPCS (NYSE: PCS ) has deployed Acme's Net-Net Session Controller for enabling Voice over LTE, or VoLTE.
CEO Andy Ory promised we'd begin to see these sorts of deals in 2013. An accelerated schedule is good news and comes on the heels of Verizon's (NYSE: VZ ) announcement that 35% of data delivered over its network is consumed via LTE. That's a potential boon for Acme, which pitches its gear as necessary infrastructure for LTE networks.
Yet business momentum doesn't always equal sustained stock momentum. Will Acme shares keep rallying as the calendar turns? Check out the following video for more.
Acme Packet's recent success isn't isolated or accidental. But with so many companies trying to profit from the mobile revolution, it can be daunting to figure out how to structure your portfolio to play the space properly.
Fortunately, The Motley Fool has just released a free report on mobile named "The Next Trillion-Dollar Revolution" that tells you how. Inside, we not only describe why this seismic shift will dwarf any other technology revolution seen before it, but we also name another company at the forefront of the trend. Hundreds of thousands have requested access to previous reports, and you can access this new report today by clicking here -- it's free.