Peter pan

Cambium (CMBM) to power broadband connectivity in Libya – November 24, 2021


[ad_1]

Cambium Networks Company (CMBM Free Report) recently announced that it will offer enhanced internet connectivity services in Libya in collaboration with the Libyan International Company for Technology and Information Technology. By leveraging ePMP fixed wireless broadband technology, the company will provide high quality Internet to more than 60,000 residential, commercial and corporate customers in the North African country.

The ePMP (equalize Point to Multi-Point) technology harnesses the power of the frequency band below 6 GHz to facilitate a robust and efficient wireless broadband communication channel. It aims to eliminate signal interference in densely populated urban and suburban areas with more than 1,500 access points installed in more than 250 towers.

Cambium has long been recognized as one of the world’s largest ePMP network providers. This is perhaps one of the main reasons why the Libyan International Society for Information Technology and Technology has been using its equipment since 2015 to modernize the regional telecommunications infrastructure. The operator now intends to expand broadband services into relatively densely populated suburban environments using ePMP technology with each access point supporting 120 clients – roughly five times the existing solution. This is likely to reduce huge capital expenditure and improve profitability by reaching more subscribers.

Based on dynamic business fundamentals, Cambium has a broad portfolio of fixed wireless broadband and Wi-Fi network solutions. The innovative offerings allow the creation of a unified wireless structure that spans multiple Wi-Fi frequencies, centrally managed via the cloud. The company is capitalizing on its cloud-based network management software that enables operators to seamlessly design, deploy and manage their networks from cloud to tower to edge. These streamlined operations minimize several network performance complexities with maximum agility.

Cambium also offers a variety of other network management tools, such as cnMaestro, XMS Cloud, cnHeat, cnArcher, to improve network ease of use and performance. Its solutions have been uniquely designed to operate in harsh conditions while remaining aligned with the demanding performance specifications required by various industries. These state-of-the-art solutions improve economies of scale for network operators by supporting a large number of customer equipment per fixed wireless access point and reducing ongoing management costs through the reliability of software and integrated devices.

The company is well positioned to benefit from a ramp-up of its proprietary software and products, which will likely allow it to offer a compelling combination of price, performance and spectrum efficiency. Cambium believes the growth in data traffic will likely be primarily driven by the addition of connected apps and devices used by both businesses and service providers. Additionally, with the rapid transition to Wi-Fi 6 solutions, Cambium has seen significant improvements in enterprise Wi-Fi solutions supported by improved deployments in the field. The company intends to expand its geographic footprint by collaborating with major network operators, thereby promoting the adoption of its products in various end markets. In the context of the rapid transition to 5G, profitable investments in high-speed wireless networks are likely to position its portfolio to secure lucrative long-term opportunities.

The stock has gained 10% in the past year against a 13.2% drop in the industry. We remain impressed with the inherent growth potential of this Zacks Rank # 5 (Fort Sell) stock.

Image source: Zacks Investment Research

A better ranked stock across the industry is Clearfield, Inc. (CLFD Free Report), sporting a Rank 1 of Zacks (strong buy). You can see The full list of today’s Zacks # 1 Rank stocks here.

Clearfield has made a surprise profit of 50.8% on average over the past four quarters. Current-year profit estimates for the stock have risen 19.4% in the past 60 days. Over the past year Clearfield has gained 181.7%.

Sierra Wireless, Inc. (SWIR Free Report) carries a Zacks Rank # 2 (Buy). It has a forecast for long-term earnings growth of 12.5% ​​and delivered a surprise of 34.2%, on average, over the past four quarters.

Over the past year, Sierra Wireless has gained a solid 59.5%. The company continues to launch innovative products for mission-critical operations that require high security and optimal 5G performance.

Qualcomm Incorporated (QCOM Free Report), carrying a Zacks Rank # 2, is another solid choice for investors. It forecasts long-term earnings growth of 17.5% and has generated a surprise of 11.2% on average over the past four quarters.

Current-year profit estimates for the stock have risen 14.7% in the past 90 days. Qualcomm is expected to benefit in the long run from strong 5G traction and increased demand for critical products that are the building blocks of digital transformation in the cloud economy.

[ad_2]