American Tower (AMT) stock could get a boost in 2016 as wireless service providers upgrade networks using radio spectrum recently won in a government auction, but it has a longer wait for small cell technology to affect the top line, says Pacific Crest Securities. “The second half of 2015 will see increased wireless carrier activity, and this will lead to a strong 2016, particularly as AWS-3 spectrum auction assets are deployed,” said Michael
Verizon Communications (VZ) should buy satellite TV broadcaster Dish Network next, after AOL, says Citigroup in a research report. Verizon on Tuesday announced it agreed to buy AOL (AOL) in a deal valued at $4.4 billion. Verizon has touted plans to stream video to mobile devices, and AOL’s advertising technology will help boost wireless revenue, analysts say. Verizon could launch a mobile video service as soon as June that targets millennials,
New tech issues including GoDaddy (GDDY) and TubeMogul (TUBE) are making big moves in after-hours trading as investors react to their quarterly results. TubeMogul jumped 10% after the bell on bullish guidance for the top line. The ad-software maker sees Q2 sales of $38 million to $40 million, topping estimates for $36.9 million. The July 2014 IPO widened its Q1 loss to 24 cents a share from an 11-cent per-share loss a year ago. Analysts were