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Telefonica (TEF) Unveils Helium Mobile Hotspots in Mexico
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Telefonica (TEF - Free Report) and Nova Labs have collaborated to launch Helium Mobile Hotspots in Mexico.
Helium Mobile Hotspots are easy to install and can be implemented in small spaces, thereby increasing mobile coverage, noted TEF. This also enables mobile data to be offloaded from the main network to the Helium Mobile Network.
Helium Mobile Hotspots are connected to Telefonica’s proprietary management system, which maintains full control of its customers' access to the Helium Mobile Network for mobile data sessions. The company strictly monitors hotspot status before permitting access to users and allowing them to download data over the Helium Mobile Network. The solution integrates the core cellular network with Helium Mobile Network coverage. It is designed to be implemented globally and for use by any operator, added the company.
Telefónica and Nova Labs have built this solution on the OpenWifi standard developed by Telecom Infra Project. The solution allows certain Movistar users in Mexico to gain access to the Helium Mobile Network using their Movistar SIM cards for authentication.
Helium Mobile Hotspots solutions will be implemented with certain select clients in Mexico City and Oaxaca.
TEF highlighted the importance of this initiative in Mexico as it continues to look for ways to expand coverage through low-cost and cooperative-based solutions. The company plans to integrate this solution into its portfolio of mobile networks for different countries across Latin America if the program in Mexico is successful.
The solution is major enhancement for the telco industry and is likely to bring down infrastructure costs without compromising the quality of service, added Nova Labs.
Telefonica provides mobile and fixed communication services in Europe and Latin America. The company is focusing on divesting stakes in more mature businesses to finance its 5G and optic fiber initiatives to tackle profitability challenges caused by intense competition and the substantial investments needed for next-generation mobile technology infrastructure.
The Zacks Consensus Estimate for Watts Water Technologies’ 2023 EPS has improved by 1% in the past 60 days to $8.08.
WTS’ earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 11.8%. Shares of WTS have jumped 26.2% in the past year.
The Zacks Consensus Estimate for 2023 is pegged at a loss of 9 cents per share for NETGEAR, which remained unchanged in the past 30 days. NTGR’s earnings outpaced the Zacks Consensus Estimate in three of the last four quarters while missing once. The average surprise was 127.5%. Shares of NTGR were down 26.8% in the past year.
The Zacks Consensus Estimate for Blackbaud’s 2023 EPS has improved by 1% in the past 60 days to $3.86.
BLKB’s earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 10.6%. Shares of BLKB have gained 33.4% in the past year.
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Telefonica (TEF) Unveils Helium Mobile Hotspots in Mexico
Telefonica (TEF - Free Report) and Nova Labs have collaborated to launch Helium Mobile Hotspots in Mexico.
Helium Mobile Hotspots are easy to install and can be implemented in small spaces, thereby increasing mobile coverage, noted TEF. This also enables mobile data to be offloaded from the main network to the Helium Mobile Network.
Helium Mobile Hotspots are connected to Telefonica’s proprietary management system, which maintains full control of its customers' access to the Helium Mobile Network for mobile data sessions. The company strictly monitors hotspot status before permitting access to users and allowing them to download data over the Helium Mobile Network. The solution integrates the core cellular network with Helium Mobile Network coverage. It is designed to be implemented globally and for use by any operator, added the company.
Telefonica SA Price and EPS Surprise
Telefonica SA price-eps-surprise | Telefonica SA Quote
Telefónica and Nova Labs have built this solution on the OpenWifi standard developed by Telecom Infra Project. The solution allows certain Movistar users in Mexico to gain access to the Helium Mobile Network using their Movistar SIM cards for authentication.
Helium Mobile Hotspots solutions will be implemented with certain select clients in Mexico City and Oaxaca.
TEF highlighted the importance of this initiative in Mexico as it continues to look for ways to expand coverage through low-cost and cooperative-based solutions. The company plans to integrate this solution into its portfolio of mobile networks for different countries across Latin America if the program in Mexico is successful.
The solution is major enhancement for the telco industry and is likely to bring down infrastructure costs without compromising the quality of service, added Nova Labs.
Telefonica provides mobile and fixed communication services in Europe and Latin America. The company is focusing on divesting stakes in more mature businesses to finance its 5G and optic fiber initiatives to tackle profitability challenges caused by intense competition and the substantial investments needed for next-generation mobile technology infrastructure.
TEF currently carries a Zacks Rank #4 (Sell).
Stocks to Consider
Some better-ranked stocks worth consideration in the broader technology space are Watts Water Technologies (WTS - Free Report) , NETGEAR (NTGR - Free Report) and Blackbaud (BLKB - Free Report) . While NETGEAR and Blackbaud currently sport a Zacks Rank #1 (Strong Buy) each, Watts Water carries a Zacks Rank of 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Watts Water Technologies’ 2023 EPS has improved by 1% in the past 60 days to $8.08.
WTS’ earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 11.8%. Shares of WTS have jumped 26.2% in the past year.
The Zacks Consensus Estimate for 2023 is pegged at a loss of 9 cents per share for NETGEAR, which remained unchanged in the past 30 days. NTGR’s earnings outpaced the Zacks Consensus Estimate in three of the last four quarters while missing once. The average surprise was 127.5%. Shares of NTGR were down 26.8% in the past year.
The Zacks Consensus Estimate for Blackbaud’s 2023 EPS has improved by 1% in the past 60 days to $3.86.
BLKB’s earnings surpassed the Zacks Consensus Estimate in each of the last four quarters, the average surprise being 10.6%. Shares of BLKB have gained 33.4% in the past year.