-Mobile data use is doubling every 15 months
-Telecoms are rapidly building out their networks to deal with increased demand
-Straight Path Communications (STRP) owns a large chunk of wireless spectrum which will soon play a critical role in this infrastructure buildout
-Base case estimates fair value at 100% above current market price
-Bonus patent infringement lawsuits could provide another 85% upside
Straight Path Communications is a micro-cap stock (market cap $100 million) whose principle asset is wireless spectrum. They own 70% of the nationwide spectrum in the 39-GHz range. As I'll show, this spectrum will be a very important part of the solution for growing mobile data demand. STRP will likely be taken over by...
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