Telecom services never because of the Internet, hence AirNet Technology (NASDAQ: ANTE) is permanently enjoying stable revenue. Recent capital flow from Dragonpass made an urgent alert to investors, pushing the ANTE by over 43%.
The stock is expected to increase further as the huge player gets 1.61% of the equity interests in exchange for advertising AirNet on airplanes and possibly on trains.
Due to negative EPS, the stock is stuck at the bottom. A drastic increase in revenue could aid the ANTE to surge like other prominent communication stocks. Most possibly vast advertising may push the revenue up making earnings attractive to long term investors.
Editor in Chief.
Living in the era of dynamic tech change Alex decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring in Finance) writing for technology and as well as finance has been one of the precious aspects of his life