 |
From Jeff Brown, editor, Exponential Tech Investor: Mobile (cellphone) data traffic continues to grow exponentially…
Telecommunications technology giant Ericsson recently released its annual “Ericsson Mobility Report.” Between the first quarter of 2015 and the first quarter of 2016, mobile data increased by an incredible 60%.
At that rate, data traffic is doubling every 18 months.
Compare the dramatic data traffic growth to that of traditional mobile phone calls (the tiny tan bars in the graph above), which has essentially been flat since 2011.
In my last 25 years working as an executive in high technology, I’ve never seen these kinds of data growth rates over wireless networks. The amount of data is so significant, it’s caused a bit of a conundrum in the industry…
Wireless network operators have been upgrading their networks from third-generation (3G) technology to fourth-generation (4G) technology as quickly as they can. But they’ve already realized the need for fifth-generation (5G) technology… which will be at least 100 times faster than 4G.
This accelerated trend will be a boon for technology and service companies that deliver the technology for these advanced networks…
My favorite large-cap companies in this space are Ericsson (ERIC), which pays a 6.17% dividend yield… Nokia (NOK), which pays a 5.33% dividend yield… and Cisco Systems (CSCO), which pays a 3.58% dividend yield.
(In my Exponential Tech Investor newsletter, I plan on recommending a small company whose product helps solve a major technology challenge on 4G and 5G networks. It’s on the verge of explosive growth.)