5G Implementation is Essential For a Productive Future We're in the midst of a huge technology transition from 4G to 5G. In the US alone, this transition is estimated to cost upwards of $300B, not even accounting for the maintenance and repair over time. But what is it, and why is the transition to 5G so important?
- 5G is meant to deliver higher multi-Gbps peak data speeds, ultra-low latency, more reliability, massive network capacity, increased availability, and a more consistent user experience.
- It will impact every industry. For example, safer transportation, remote healthcare, precision agriculture, and digitized logistics.
- Because of the industry impacts, some estimates place the total economic impact of 5G to be $13.8T while creating 22.8M jobs.
Just imagine downloading an 8k movie almost 500% faster than 4G. With the US falling behind in the rollout, companies like Verizon and even the government have pledged/are currently investing hundreds of billions of dollars into the industry. The only thing is, how do they build these cell towers?
That's where $ESTW.V (EasTower Wireless) comes in. It focuses on the construction and maintenance of wireless tower deployments. It has a well-established reputation in the industry as they've already successfully worked with many of the biggest names.
With current operations only in Florida and plans to expand into surrounding states over the next 24 months, there's a lot of room to grow as $ESTW.V continues to gain experience and secure clients. By being a reestablished company in a sector with high barriers to entry, the company has a solid long-term outlook. Considering the $3M revenue estimate and the $11M in 2023, the current market cap of $5M is starting to look very interesting.