Network Conversion Takes Telular Corporation (WRLS) Business to Profit
Cellular networks have begun to change from analog to digital systems, resulting in a sharp increase in demand for this company’s electronic surveillance systems. The Federal Communication Commission has decided that all networks must abandon analog systems before February 18 2008. This change is likely to be adopted by other countries, especially Mexico. That is why the company’s near-term prospects are so encouraging. The company has achieved 33.62% annual growth during the Most Recent Quarter against just 18.02% for the Communications Equipment industry. The company has earned a net income of $1.68 million during the quarter ended December 2007, and…