T-Mobile US, Inc. TMUS recently announced that it is revving up for the Formula 1 Heineken Silver Las Vegas Grand Prix, delivering a series of cutting-edge, 5G-powered experiences for fans attending the race or watching from home. From immersive new camera views to seamless event operations, the telecommunication giant uses its industry-leading 5G network to take the fan experience to a new level during the race weekend, from Nov. 21 to 23.
What TMUS Brings to the Table?
At the heart of T-Mobile's innovations is a suite of 5G-Enhanced Camera Views, offering fans a never-before-seen perspective of the race. These cameras include a 5G-powered drone that will capture sweeping aerial shots of the Las Vegas Strip, while trackside cameras will deliver first-person views of the race. These enhanced angles will likely give fans a closer, more immersive experience of the iconic Las Vegas Strip Circuit. For those tuning in from home, T-Mobile's advanced 5G network will likely ensure seamless live HD broadcasts powered by real-time data transmission through secure network slicing, bringing the thrill of the race to a global audience.
Additionally, T-Mobile is also introducing 5G-powered race replays. Through its F1 Las Vegas app, fans can enjoy highlights and replay every spin-out and lead change in real time. Moreover, T-Mobile customers with Magenta Status will have access to exclusive replays, ensuring they do not miss any thrilling on-track action.
The company is also focused on improving event operations, leveraging its advanced 5G network slicing to streamline everything from ticket scanning to concession purchases. This ensures a smooth experience for fans entering the event or making purchases without any delays. Furthermore, operations teams will be equipped with T-Mobile Push to Talk, ensuring seamless communication across the venue.
Does TMUS Stock Stand to Gain From the Deal?
T-Mobile continues to boast a leadership position in the 5G market. The company is extending its reach beyond the main event with a variety of fan experiences around Las Vegas. Its Signature Store on the Strip will feature an interactive driving simulator and an augmented reality experience, allowing fans to virtually explore race technology and take a spin in a full-sized F1 car. Fans can also enter to win race tickets, meet F1 drivers and/or grab exclusive merchandise at the store.
These advancements are expected to generate incremental demand for T-Mobile’s solutions, leading to higher revenues. An improved financial performance is likely to propel the stock upward.
TMUS’ Stock Price Performance
Shares of T-Mobile have gained 59.6% over the past year compared with the industry’s growth of 37%.
Image Source: Zacks Investment Research
TMUS’ Zacks Rank and Stocks to Consider
T-Mobile currently carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the broader industry have been discussed below.
Arista Networks, Inc. ANET carries a Zacks Rank of 2 (Buy) at present. It supplies products to prestigious customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
In the last reported quarter, ANET delivered an earnings surprise of 14.83%. It has a long-term growth expectation of 16%.
Workday Inc. WDAY carries a Zacks Rank #2 at present. In the last reported quarter, it delivered an earnings surprise of 7.36%.
WDAY is a top supplier of enterprise-level software solutions for the fields of human resources and finance management. The company's cloud-based platform makes it simpler for businesses to offer analytical insights and decision support by integrating finance and human resources into a single system.
Ericsson ERIC carries a Zacks Rank #2 at present. In the last reported quarter, it delivered an earnings surprise of 22.22%. A leading provider of telecom services, communication networks, and support solutions, Ericsson is also diversifying into the provision of ICT (information and communications technology) solutions.
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