Vringo, Inc. and Zynga Inc. Oppurtunities Grow With Rapidly Expanding 4G LTE Networks
Five Star Equities Provides Stock Research on Vringo, Inc. and Zynga Inc.
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 04/10/12 -- The 4G LTE networks have been growing rapidly across the world providing significant opportunities for companies in the technology sector. "The fastest developing mobile system technology ever" is an entirely IP based network with significantly higher download speeds and higher signal quality. Five Star Equities examines the outlook for companies in the Technology Sector and provides equity research on Vringo, Inc. (NYSE: VRNG) and Zynga Inc. (NASDAQ: ZNGA).
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"We forecast global LTE phone shipments to grow tenfold from 6.8 million units in 2011 to 67.0 million in 2012. Major countries driving LTE growth this year will include the United States, Japan and South Korea. Multiple operators, such as Verizon Wireless, NTT Docomo and SK Telecom, are aggressively expanding their LTE networks. Key vendors leading the push into LTE phones will include Apple, Samsung, HTC, LG, Nokia, Motorola, Pantech and Fujitsu," said Neil Shah, an analyst at Strategy Analytics.
Neil Mawston, Executive Director at Strategy Analytics, added, "The mobile industry is entering a breakout year for 4G LTE technology. Multiple operators and multiple phone vendors will be launching dozens of LTE models across numerous countries worldwide. LTE has quickly become a high-growth, high-value market that no operator, service developer, device vendor or component maker can afford to ignore."
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Vringo, Inc., a provider of software platforms for mobile social and video applications, recently announced that, through its content and services collaboration with Hungama Digital Media Entertainment, it has launched its video ringtone service with Tata DOCOMO, the fastest growing telecom service provider in India's history.
Zynga Inc. announced the completion of an underwritten public offering of an aggregate of 49,414,526 shares of its Class A common stock, including 6,445,373 shares of Class A common stock sold pursuant to the full exercise by the underwriters of their option to purchase additional shares. All of the shares were sold by selling stockholders at a price to the public of $12.00 per share. As part of the offering, all selling stockholders, as well as all officers and directors, agreed to lock-up agreements that extend the transfer restrictions on their shares until at least 90 days following the offering.
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Datum: 10.04.2012 - 12:20 Uhr
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