These 3 stocks are so different, but surprisingly so performing : T-Mobile US (NYSE:TMUST), Leap Wireless International (NASDAQ:LEAP), Globalstar (NYSE:GSAT) are excellent moves to play the wireless telecommunications rebound this year.
Globalstar (NYSE:GSAT) is based in the USA. It’s been a major player in the Wireless Telecommunications segment since 2013, when the stock grossed a surprising 526% total return, reaching a $1 394 M capitalization. Globalstar is a provider of mobile voice and data communications services globally via satellite.
Globalstar (NYSE:GSAT)
has become a leader in the satellite communications business, by providing critical mobile communications its subscribers. Globalstar (NYSE:GSAT) serves principally recreation and personal, government or public safety and disaster relief; oil and gas, maritime and fishing, natural resources, mining and forestry. To date, Globalstar (NYSE:GSAT) operates 36 in-orbit satellites providing service and 24 active ground stations, which it refers to as gateways, to offer voice and data communication services to its base of 486,000 BtoB subscribers. Globalstar (NYSE:GSAT) is a good play to bet on a global recovery in raw materials.
Another top performing stock in the Wireless Telecommunications market segment is Leap Wireless International (NASDAQ:LEAP). With a total return of 161% in 2013, Leap Wireless International (NASDAQ:LEAP) is on every radar screen.
Leap Wireless International (NASDAQ:LEAP)
is a wireless communications carrier that offers digital wireless services in the United States. Its product line is branded under the service “Cricket” which provides unlimited wireless services for a flat rate without requiring a fixed-term contract or a credit check. Cricket service is particularly popular in South Texas through a joint venture STX Wireless Operations, LLC, or STX Operations. In addition, Leap Wireless International owns Savary Island Wireless, a wireless license operator in the upper Midwest portion of the United States.
T-Mobile US (NYSE:TMUST) has offered a 137% return in 2013, with a market value of $23.7B. T-Mobile US (ex-MetroPCS Communications) is a wireless telecommunications carrier, primarily in selected metropolitan areas in the United States.
T-Mobile US (NYSE:TMUST)
serves customers in Atlanta, Boston, Dallas/Fort Worth, Detroit, Las Vegas, Los Angeles, Miami, New York, Orlando/Jacksonville, Philadelphia, Sacramento, San Francisco and Tampa/Sarasota.