C-Band Questions Likely Won't Affect Overall Carrier Performance: New Street's Levin
Transportation Secretary Pete Buttigieg’s warnings last week on continuing C-band deployment questions (see 2204280064) likely won’t pose problems on Wall Street for Verizon and AT&T, New Street’s Blair Levin told investors in a weekend update. “While the Secretary’s comments create…
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some uncertainty, it is not the kind of uncertainty that will affect the economic performance of the companies now offering 5G services in the C-Band,” Levin wrote: “We still don't know the ultimate power levels, sizes of the areas with constraints, timetable, or exact details of other operating requirements, but the opportunities and challenges of the companies in benefitting from their 5G offerings are unlikely to be affected.”