Research taking place on proposal to provide free WiFi in US
Feb 08, 2013 (TELECOMWORLDWIRE via COMTEX) --
A recently proposal from the Federal Communications Commission to provide the US public free access to WiFi has become a focus for the $178 billion wireless industry. They don't like it, but big search and development companies like Google (NASDAQ: GOOG) and Microsoft (NASDAQ: MSFT) think it could spur inventions and uses of the Internet.
"For a casual user of the Web, perhaps this could replace carrier service," said Medley Global Advisors analyst, Jeffrey Silva. "Because it is more plentiful and there is no price tag, it could have a real appeal to some people."
Five Star Equities has examined the outlook for companies in the telecom industry and provides equity research on Alaska Communications Systems Group, Inc. (NASDAQ: ALSK) and Clearwire Corp. (NASDAQ: CLWR).
The Washington Post recently reported that the FCC has proposed the idea of creating super WiFi networks around the US, which would allow the public to make cellphone calls or surf the Internet free of charge. The FCC's plan has been in discussion for years but gained traction after endorsements from Google and Microsoft. The companies believe that easy access to free public WiFi would spur "millions of devices that will compose the coming Internet of things." If approved, it would still take several years before the FCC's proposal would be in full effect.
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Alaska Communications is a provider of high-speed wireless, mobile broadband, Internet, local, long-distance and advanced broadband solutions for businesses and consumers in Alaska.
Clearwire, through its operating subsidiaries, is a provider of 4G wireless broadband services offering services in areas of the US where more than 130 million people live. The company holds the deepest portfolio of wireless spectrum available for data services in the US Clearwire is scheduled to release results for the fourth quarter and full year 2012 on Tuesday, February 12th.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities.
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