Wireless radio towers are useless without antennas and amplifiers. At a time when every phone service provider is planning or building brand-new 4G networks, it stands to reason that the companies that build those basic tower components will benefit from the build-outs.
And so it is that wireless equipment manufacturer Powerwave Technologies
Management expects that "strong North American wireless capital spending patterns should remain throughout the next year," which means that the company will lean on the needs of Verizon
Believe it or not, there is still strong demand for older wireless technologies, even in fairly developed markets like North America. Powerwave collects about half of its revenue domestically, and equipment for services older than 3G also stand for about half of the sales. You don't need a Venn diagram to figure out that there's a fair bit of overlap there.
Those build-outs have made the equipment industry into a hunting ground for conglomerates and private equity firms looking to capitalize on the opportunity. Powerwave rival ADC Telecommunications
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