Atlanta, GA – Scibility Media – 10/23/2014.
This article discusses two wireless communications companies: Ubiquiti Networks Inc(NASDAQ:UBNT) and United States Cellular Corporation(NYSE:USM)
Ubiquiti Networks Inc(NASDAQ:UBNT) announced yesterday that it had reached a distribution agreement with India’s largest technology distributor, Redington. Through the agreement, Ubiquiti will have its broadband and enterprise networking solutions marketed in India. Those platforms include airMAX, airFIBER, EdgeMax for service providers and UniFi, UniFi Video, and mFi for enterprises.
Redington is a supply chain solution provider that also operates in the Middle East, Africa, Turkey, Sri Lanka, and Bangladesh. In other words, a potential long-term relationship between the two companies could be fruitful for Ubiquiti.
A California-based wireless communications company, Ubiquiti Networks has a market capitalization of over $3 billion and has traded within a range of $30.50 to $56.85 over the past 52 weeks.
United States Cellular Corporation(NYSE:USM) announced on Oct. 13th that it would be launching the Samsung Galaxy Note 4 on Oct. 17th. The device will come in charcoal black and will be available to customers for $299 for a two-year contract. U.S. Cellular’s new device is known as being the Android smart phone brand that is capable of competing with the ever-popular line of Apple iOS devices.
The wireless communications company provides voice, messaging, and data services to its customers. U.S. Cellular operates 300 retail stores and kiosks and serves 4.8 million customers. The Chicago-based company, whose name is plastered on the home of the Chicago White Sox, will be able to offer 4G LTE network coverage to 93% of its customers by the end of the year.
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