America's Growth Capital Initiates Airvana (AIRV)
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America’s Growth Capital initiates coverage on Airvana (NASDAQ: AIRV).
The firm said, "We believe one of the best ways to participate in the growth of next generation IP-based mobile services is through pure play companies such as Airvana. Near term we expect AIRV to benefit from 3G/EV-DO capacity upgrades driven by end user demand for more bandwidth. Long term we believe the opportunity for growth is from the nascent Fixed Mobile Convergence (FMC) market."
Airvana, Inc. offers network infrastructure products used by wireless operators to provide mobile broadband services.
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