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Aruba, Ruckus, Ubiquiti, Aerohive gain after FCC/Senate Wi-Fi moves

  • FCC chairman Tom Wheeler has unveiled a plan to spend $1B/year in 2015 and 2016 to install Wi-Fi networks in U.S. schools and libraries, through the government's E-Rate program. Last year, no E-Rate funds were available for Wi-Fi.
  • Meanwhile, Senators Marco Rubio and Cory Booker have introduced a bill that calls on the FCC explore opening up 75MHz. (5850-5925MHz.) for commercial Wi-Fi use. The auto industry isn't crazy about the idea, given the band is already set to be used to enable car-to-car communication.
  • In March, the FCC committed to opening up 100MHz. of 5GHz.-band spectrum previously used by satellite phone companies for Wi-Fi use.
  • Enterprise/carrier Wi-Fi equipment vendors Aruba (ARUN +3.1%), Ruckus (RKUS +4.4%), Ubiquiti (UBNT +3.7%), and Aerohive (HIVE +1.2%) are all trading higher following the latest announcements. Ruckus might also be getting a lift from news of deals with hotel owners La Quinta and Scandic.
  • The FCC/Senate moves come ahead of the mass adoption of the HotSpot 2.0 standard, which is expected to boost public and carrier Wi-Fi usage by allowing devices to automatically log into hotspots.
Comments (2)
  • a alto
    , contributor
    Comments (126) | Send Message
     
    Long U.B.N.T.
    23 Jun, 06:01 PM Reply Like
  • surya.479
    , contributor
    Comment (1) | Send Message
     
    According to the FCC chairman statement, I hope we can see some uptrend in Wi-Fi companies.
    23 Jun, 10:52 PM Reply Like
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