CHICAGO, Feb. 20, 2014 /PRNewswire/ -- 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 the Comcast Corp. (Nasdaq:CMCSA-Free Report), Time Warner Cable Inc. (NYSE:TWC-Free Report), Charter Communications Inc. (Nasdaq:CHTR-Free Report), Google Inc. (Nasdaq:GOOG-Free Report) and Microsoft Corp. (Nasdaq:MSFT-Free Report).
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Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Wednesday's Analyst Blog:
Cable MSOs Opt for WiFi Sharing
Large cable MSOs (multi-service operators), together with several major IT firms and telecom organizations, have formed an alliance to free up spectrums in order to expand WiFi support network in Washington D.C.
The major participants in this alliance called "WifiForward" include Cable TV operators Comcast Corp. (Nasdaq:CMCSA-Free Report), Time Warner Cable Inc. (NYSE:TWC-Free Report) and Charter Communications Inc. (Nasdaq:CHTR-Free Report), IT firms Google Inc. (Nasdaq:GOOG-Free Report) and Microsoft Corp. (Nasdaq:MSFT-Free Report), and telecom organization Consumer Electronics Association, among others.
"WifiForward" aims to protect and strengthen existing unlicensed spectrums, free up new spectrums to use at several different frequency bands and establish rules to encourage growth and deployment of WiFi networks.
Recently, research firm WeFi Inc. reported that the number of commercial WiFi hotspots is expected to reach 10.55 million in 2018 in the U.S. Earlier, WeFi had reported that the amount of mobile data offloaded in WiFi networks had jumped a tremendous 875% in the U.S. in 2013.
Sharing of WiFi networks by cable TV operators is not new in the U.S. In 2012, five large cable TV operators created a web access network called "CableWiFi." The firms include Comcast, Time Warner Cable, Cablevision,Cox Communications Inc. and Bright House Networks LLC.
Subscribers of these cable MSOs can access the Internet through laptops, smartphones, tablets, and other mobile devices through a nationwide shared network of more than 200,000 WiFi hotspots in metro areas. This also allows the subscribers to access the Internet from any location.
Cable MSOs throughout the U.S. are facing increasing competition from telecom operators, satellite TV providers and online video streaming service providers.
Roaming WiFi connectivity is likely to become a huge opportunity for cable MSOs to minimize their respective customer churn rate. In addition to retail consumers, the business enterprises are likely to become major growth accelerators for mobile WiFi hotspot.
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
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