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Service Properties Trust T.SVC


Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Bullboard Posts
Comment by caramel55on Dec 02, 2009 11:38am
337 Views
Post# 16545319

RE: RE: Suckers who bought today

RE: RE: Suckers who bought todayI think you used the key words longhaul..."fast and growing industry".  Looking at Sandvine's Q3 MD&A report, it states that of the 2.5 Billion voice subscribers (350 top mobile operators), only 70 million were wireless broadband subscribers based on a 2008 report.  The report also expects wireless broadband subscribers to exceed 2 Billion by 2015.  Even if these projections are off by a Billion, 70 million to 1 Billion is quite the jump.
Anyone know if Sandvine has stated how many wireless broadband subscribers it has?  It would be interesting to know what market share they have on the wireless side currently and what the projection is expected to be by 2015 based on either 1 Billion or 2 Billion WBS's.  
Ideally, all the customers are entering into longer term contracts right now so Sandvine can have revenue in place for the next few years, potentially hedging itself from any major economic downturn.
Bullboard Posts