Women are traveling far and wide for affordable IVF—here’s why it’s so expensive

Over the past eight years, one Los Angeles-based prenatal health coordinator has helped thousands of women during their pregnancies. And about 7.3 million women of childbearing age in the U.S. have used fertility treatments to get pregnant. To help increase families’ chances of a successful IVF treatment, many clinics offer “guarantee” programs and pricing packages. About 71% of the women who went through IVF last year had no fertility treatment coverage, according to FertilityIQ. While Anna was


Over the past eight years, one Los Angeles-based prenatal health coordinator has helped thousands of women during their pregnancies. And about 7.3 million women of childbearing age in the U.S. have used fertility treatments to get pregnant. To help increase families’ chances of a successful IVF treatment, many clinics offer “guarantee” programs and pricing packages. About 71% of the women who went through IVF last year had no fertility treatment coverage, according to FertilityIQ. While Anna was
Women are traveling far and wide for affordable IVF—here’s why it’s so expensive Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-08-13  Authors: megan leonhardt
Keywords: news, cnbc, companies, insurance, treatments, traveling, affordable, pay, successful, covered, wide, treatment, anna, ivfheres, expensive, ivf, women, husband, far


Women are traveling far and wide for affordable IVF—here's why it's so expensive

Over the past eight years, one Los Angeles-based prenatal health coordinator has helped thousands of women during their pregnancies. Yet working in the field didn’t help much when it came to her own pregnancy, which proved to be a costly challenge. Anna, who asked to be identified by a pseudonym to protect her privacy, is one of thousands of women each year who opt to travel to clinics in other states (and sometimes other countries) in search of affordable in vitro fertilization, or IVF, procedures. She and her husband found that it was cheaper to travel across the country, from Los Angeles to Albany, New York, to receive treatment, than move forward with clinics closer to home. Yet they still spent about $20,000 in total to get pregnant, she tells CNBC Make It. Each year, millions of American families struggle with infertility. For every 100 couples, 12 to 13 report they’ve experienced trouble getting pregnant, according to the Centers for Disease Control and Prevention. And about 7.3 million women of childbearing age in the U.S. have used fertility treatments to get pregnant. IVF is one of the most popular routes. It’s a multistep procedure where a medical team removes eggs from a woman’s ovaries, and then fertilizes the eggs with sperm in a laboratory. The fertilized embryo is given a few days to grow and then implanted into a woman’s uterus. In total, the process generally takes four to six weeks.

The going rate for IVF

Last year, the average patient paid more than $22,000 for a single IVF cycle, according to FertilityIQ, a database that provides information about costs and treatments. Many times, that price does not include the necessary fertility drugs and testing, which can add up to an additional $3,000 per cycle. Not to mention the expenses associated with pregnancy and a hospital delivery. Anna, however, didn’t qualify for the basic IVF, which isn’t uncommon. Women using an egg or sperm donor or those seeking genetic testing or specialized treatments such as intracytoplasmic sperm injection should expect to pay more. In her case, Anna sought out preimplantation genetic diagnosis, or PGD. This is a specialized procedure where doctors test the fertilized embryos for chromosomal or genetic abnormalities before they are implanted. Anna has a genetic nerve disease and, after undergoing multiple surgeries and treatments throughout her life, she didn’t want to pass that onto her children. But that extra testing increases the cost of treatment. At CNY Fertility, the clinic Anna and her husband opted to use, a basic round of IVF costs $3,900. The facility estimates that PGD costs roughly an additional $300 to $600 per embryo including biopsy and third-party lab fees. In Anna’s case, she and her husband chose to pay for testing on 17 viable embryos collected. In the U.S., about 34% of IVF procedures performed in 2017 resulted in live birth among women ages 35 to 37, according to the Society for Assisted Reproductive Technology. But that success rate drops as women age — those ages 41 to 42 only have a 10% chance. To help increase families’ chances of a successful IVF treatment, many clinics offer “guarantee” programs and pricing packages. The programs differ slightly clinic to clinic, but these tend to be money-back guarantees for if the IVF does not result in a successful pregnancy and birth. Patients pay more for the guarantee than they otherwise would if they were successful after just one IVF cycle. “I’m pretty risk averse,” Anna says, adding she would have definitely paid more in advance because she was expecting to undergo several IVF cycles. But only certain patients qualify, and Anna wasn’t eligible because she chose to do PGD IVF.

Fertility treatments in the US are an insurance minefield

The reason IVF is so expensive isn’t that it’s a cutting-edge technology — in fact, the first successful procedure took place in 1978 — it’s that for many women, the cost of the treatment isn’t covered by insurance. About 71% of the women who went through IVF last year had no fertility treatment coverage, according to FertilityIQ. Only 16 states — Arkansas, California, Connecticut, Delaware, Hawaii, Illinois, Louisiana, Maryland, Massachusetts, Montana, New Jersey, New York, Ohio, Rhode Island, Texas and West Virginia — require insurance companies to have some sort of coverage for families seeking infertility treatments, according to the National Conference of State Legislators. Fourteen of those states require insurance companies to actually cover infertility treatment, but California and Texas have limitations. California specifically excludes IVF from the mandate. Meanwhile, Texas law requires insurance companies to let employers know the coverage is available, but insurers are not required to provide the coverage and employers are not required to include it in their health plans.

“The only reason we’re talking about the cost of IVF is because it’s not covered by insurance,” says Betsy Campbell, chief engagement officer at Resolve, the national infertility association. “Infertility is a disease and should be covered by insurance just like other diseases,” she adds. Anna’s insurance did have a policy for PGD, so initially, she thought the procedure would be covered. But after seeing a reproductive endocrinologist, her claim was rejected. The insurance company only covered diagnosis, not treatment. So while her pretesting, such as the saline sonogram and hormonal testing, was covered, the IVF and PGD procedures were not. So she “scoured for months and months” to find the most affordable out-of-pocket option. Initially, she looked into travelling to the Caribbean for care because the clinics there offered cheaper basic IVF, but the “logistics of traveling further to go abroad were too overwhelming,” Anna says. In the end, she settled on CNY Fertility because it was the cheapest after a countrywide comparison, even with the additional travel costs.

Families finding creative ways to keep costs down

Typically, IVF patients have many expenses beyond the procedure itself that can add significantly to the overall cost, including medications, blood tests and ultrasound monitoring. To keep her expenses as low as possible, Anna ordered the priciest medications from Israel and purchased others through discounts she found using GoodRx. Plus she paid for her IVF using a newly acquired credit card to snag a promotional points offer. Those points paid for the flights to and from New York, as well as accommodations and a rental car. During the egg retrieval phase, Anna rented an Airbnb and a car, staying for about 10 days. Her job provides “pretty good benefits,” she says, so she was able to just take vacation time, but her husband was only able to join her for the last few days of the trip.

The only reason we’re talking about the cost of IVF is because it’s not covered by insurance. Betsy Campbell chief engagement officer at Resolve

Once both Anna and her husband donated the eggs and sperm, the doctors went to work. Of the roughly 40 eggs retrieved from Anna, 17 were successfully fertilized. Those embryos were then biopsied and tested, but just one turned out to be chromosomally normal. That surprised and disappointed Anna, who was hoping for a few embryos in case the transfer was not successful. “I was pretty prepared for failure, but I went back [to the clinic for the transfer],” she says. Anna flew back to Albany by herself for the frozen embryo transfer process, staying at a hotel near the clinic for three days. From there, Anna opted to do monitoring with an OBGYN in LA. Thankfully, Anna’s IVF process proved successful. “I was really, really lucky, because if it didn’t work, I would have had to pay that approximately $20,000 all over again,” Anna says. Today, she is the mother of a happy, healthy 18-month-old son. “It could have gone a totally different way,” she says. More than half of patients have to undergo a second IVF cycle, FertilityIQ reports, and almost a third must seek three or more. Anna and her husband could only afford to try one cycle without going into debt. And they had already waited years to start a family. “We waited until we were in a financial position that we could afford it,” Anna says. While Anna was able to rely on savings to pay for her fertility treatments, many women are not so fortunate. Over half of women, 52%, who were planning to undergo IVF this year say they will pay for treatment with a credit card, according to a poll of 776 women from Student Loan Hero. And many go into debt.

More employers helping couples shoulder the costs


Company: cnbc, Activity: cnbc, Date: 2019-08-13  Authors: megan leonhardt
Keywords: news, cnbc, companies, insurance, treatments, traveling, affordable, pay, successful, covered, wide, treatment, anna, ivfheres, expensive, ivf, women, husband, far


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Goldman Sachs says value investing is still alive if you play it with this twist

A trader works ahead of the closing bell on the floor of the New York Stock Exchange, June 19, 2019 in New York City. For some, value investing has been left for dead after years of underperformance. However, Goldman Sachs says there’s still life left in the classic factor strategy, especially with the Fed set to cut rates again. “A wide distribution of price-to-earnings multiples has historically presaged strong value returns,” Kostin said in a note Friday. “However, a rotation into value stock


A trader works ahead of the closing bell on the floor of the New York Stock Exchange, June 19, 2019 in New York City. For some, value investing has been left for dead after years of underperformance. However, Goldman Sachs says there’s still life left in the classic factor strategy, especially with the Fed set to cut rates again. “A wide distribution of price-to-earnings multiples has historically presaged strong value returns,” Kostin said in a note Friday. “However, a rotation into value stock
Goldman Sachs says value investing is still alive if you play it with this twist Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-24  Authors: yun li
Keywords: news, cnbc, companies, sachs, play, york, investing, stocks, works, strong, widest, left, set, twist, goldman, value, historically, wide, alive


Goldman Sachs says value investing is still alive if you play it with this twist

A trader works ahead of the closing bell on the floor of the New York Stock Exchange, June 19, 2019 in New York City.

For some, value investing has been left for dead after years of underperformance. However, Goldman Sachs says there’s still life left in the classic factor strategy, especially with the Fed set to cut rates again.

Goldman says the stage is set for value stocks to come back in favor: The valuation gap between expensive and cheap stocks is now the widest in nine years, which has historically foreshadowed strong performance for value names, according to Goldman’s chief U.S. equity strategist, David Kostin.

“A wide distribution of price-to-earnings multiples has historically presaged strong value returns,” Kostin said in a note Friday. “However, a rotation into value stocks would require a sustained improvement in investor economic growth expectations, potentially driven by global monetary policy easing.”


Company: cnbc, Activity: cnbc, Date: 2019-06-24  Authors: yun li
Keywords: news, cnbc, companies, sachs, play, york, investing, stocks, works, strong, widest, left, set, twist, goldman, value, historically, wide, alive


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Here are the biggest analyst calls of the day: Uber, Lyft, Disney & more

Bank of America said the power and energy company offers a more “balanced” risk/reward. “We are upgrading Dominion Energy to Neutral from Underperform with an $80 PO (from $79). We believe the shares offer a more balanced risk/reward proposition given our view that the market has factored in the risks associated with Atlantic Coast Pipeline (ACP). While we believe ACP could remain an overhang until resolved, we believe the Street has already discounted ACP in valuation significantly, and solid e


Bank of America said the power and energy company offers a more “balanced” risk/reward. “We are upgrading Dominion Energy to Neutral from Underperform with an $80 PO (from $79). We believe the shares offer a more balanced risk/reward proposition given our view that the market has factored in the risks associated with Atlantic Coast Pipeline (ACP). While we believe ACP could remain an overhang until resolved, we believe the Street has already discounted ACP in valuation significantly, and solid e
Here are the biggest analyst calls of the day: Uber, Lyft, Disney & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: michael bloom
Keywords: news, cnbc, companies, believe, risks, po, energy, day, calls, biggest, analyst, balanced, vs, lyft, view, shares, wide, disney, acp, uber


Here are the biggest analyst calls of the day: Uber, Lyft, Disney & more

Bank of America said the power and energy company offers a more “balanced” risk/reward.

“We are upgrading Dominion Energy to Neutral from Underperform with an $80 PO (from $79). We believe the shares offer a more balanced risk/reward proposition given our view that the market has factored in the risks associated with Atlantic Coast Pipeline (ACP). Moreover, we see the recent sell-off following the equity unit offering as somewhat overdone. Our SOTP-based PO suggests a total return of c.11%. While we believe ACP could remain an overhang until resolved, we believe the Street has already discounted ACP in valuation significantly, and solid execution at the core utilities makes us more positive on the shares. Further, we believe the voluntary retirement program (VRP) represent upside potential to O&M initiatives, and while we do not necessarily view it as incremental to the 5+% EPS guidance, we see it as helping to firm up those expectations with the upcoming 2Q call. We see fewer overall downside risks, with shares now trading at a wide discount to the group (~16% or 16.0x vs. 18.9x). “


Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: michael bloom
Keywords: news, cnbc, companies, believe, risks, po, energy, day, calls, biggest, analyst, balanced, vs, lyft, view, shares, wide, disney, acp, uber


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US-China trade war worries caused analysts to bail on these stocks

The ramifications of the U.S.-China trade war are being felt far and wide. Now, the dispute is causing Wall Street analysts to take drastic measures and remove their buy ratings on stocks in their coverage universes. They include stocks like Owens Corning, American Eagle, Melco Resorts, Duke Realty, G-III, Steven Madden and China Southern Airlines. This week Piper Jaffray decided it had seen enough and downgraded Steven Madden and G-III Apparel over the dispute. The feeling was mutual over at We


The ramifications of the U.S.-China trade war are being felt far and wide. Now, the dispute is causing Wall Street analysts to take drastic measures and remove their buy ratings on stocks in their coverage universes. They include stocks like Owens Corning, American Eagle, Melco Resorts, Duke Realty, G-III, Steven Madden and China Southern Airlines. This week Piper Jaffray decided it had seen enough and downgraded Steven Madden and G-III Apparel over the dispute. The feeling was mutual over at We
US-China trade war worries caused analysts to bail on these stocks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-16  Authors: michael bloom
Keywords: news, cnbc, companies, tariff, trade, worries, madden, stocks, wide, week, uschina, american, caused, bail, analysts, eagle, giii, war


US-China trade war worries caused analysts to bail on these stocks

The ramifications of the U.S.-China trade war are being felt far and wide. Now, the dispute is causing Wall Street analysts to take drastic measures and remove their buy ratings on stocks in their coverage universes.

Companies feeling the heat cover a wide range of sectors and it appears almost no one is being spared. They include stocks like Owens Corning, American Eagle, Melco Resorts, Duke Realty, G-III, Steven Madden and China Southern Airlines.

While the S&P 500 hit an all-time closing high in April, it’s now down more than 2% this month due to the ongoing trade escalation.

The retail sector is one group widely believed to be among the most vulnerable to tariffs, according to many analysts.

This week Piper Jaffray decided it had seen enough and downgraded Steven Madden and G-III Apparel over the dispute. “We are downgrading SHOO & GIII from OW to Neutral as tariff rhetoric accelerates across our group weighing on names that have large U.S. businesses & a disproportionate share of production in China,” analyst Erinn Murphy said.

“Even if there is tariff relief in the next month–we are not certain we’ll see a full recovery of the multiples,” she said.

Steven Madden is down more than 2% while G-III has fallen more than 13% this week.

The feeling was mutual over at Wedbush where analyst Jen Redding downgraded American Eagle Outfitters.

“Although we continue to remain bullish on American Eagle over the long term, we now have less conviction in runway for shares as we approach our price target in what we view as an increasingly volatile retail environment, until investor visibility into a US-China trade settlement improves, and are stepping to the sidelines for now,” she said.

Shares are down more than 6% this week.


Company: cnbc, Activity: cnbc, Date: 2019-05-16  Authors: michael bloom
Keywords: news, cnbc, companies, tariff, trade, worries, madden, stocks, wide, week, uschina, american, caused, bail, analysts, eagle, giii, war


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US companies are preparing for pain ahead of tariff hike: ‘I can’t sit here and cry’

Those tariffs, which the administration first implemented in 2018, are set to jump to 25% from 10% Friday morning. The taxes impact a wide variety of goods, ranging from pumps and turbines to electrical and computer components. Traders punished equities in turn, sending the Dow Jones Industrial Average down more than 650 points so far this week. The broad S&P 500 index was down about 2.5% week to date at the time this article was published. I think the issue really boils to — I think both partie


Those tariffs, which the administration first implemented in 2018, are set to jump to 25% from 10% Friday morning. The taxes impact a wide variety of goods, ranging from pumps and turbines to electrical and computer components. Traders punished equities in turn, sending the Dow Jones Industrial Average down more than 650 points so far this week. The broad S&P 500 index was down about 2.5% week to date at the time this article was published. I think the issue really boils to — I think both partie
US companies are preparing for pain ahead of tariff hike: ‘I can’t sit here and cry’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: thomas franck, timothy aeppel, luke sharrett, bloomberg, getty images
Keywords: news, cnbc, companies, week, pain, ahead, price, companies, cry, trump, trade, stanley, preparing, cant, tariffs, wide, sp, think, sit, tariff, took, hike


US companies are preparing for pain ahead of tariff hike: 'I can't sit here and cry'

In a tweet that took many on Wall Street off guard, Trump said Sunday the U.S. would increase levies on $200 billion of Chinese imports starting Friday. Those tariffs, which the administration first implemented in 2018, are set to jump to 25% from 10% Friday morning.

The taxes impact a wide variety of goods, ranging from pumps and turbines to electrical and computer components.

The announcement stunned many investors, who’d expected the U.S.-China trade deliberation to finish on a positive note this week after months of tamer dialogue. Traders punished equities in turn, sending the Dow Jones Industrial Average down more than 650 points so far this week.

The broad S&P 500 index was down about 2.5% week to date at the time this article was published.

The week’s losses — currently the worst since the 2018 Christmastime plunge — were likely the impetus for a number of comments by and questions for a slew of S&P 500 companies that reported financial results this week. While many CEOs took the opportunity to explain to shareholders the plans to soften the blow on their post-earnings conference calls, others were more blunt.

The trade disputes are “something we have to manage. I can’t sit here and cry and hold my breath. I’ve got to deal with them,” Emerson Electric Chairman and CEO David Farr said Tuesday on his company’s earnings conference call. “I still believe we’ll get a deal done. I think the issue really boils to — I think both parties are testing each leader on the give and take.”

“I’m glad to hear they are going to go ahead and meet this week. But I think this is going to go back and forth a couple more times,” he added.

Emerson Electric, which manufactures products and provides engineering services for a wide range of industries, said its global manufacturing end markets saw slower growth in part thanks to inventory rebalancing in the U.S. from last year’s tariff impacts and price increases.

Toolmakers Stanley Black & Decker and Snap-On said they’re taking steps to ease the pain of higher supply costs as a result of the Trump administration’s tariffs. Stanley Black & Decker CEO James Loree said his company’s been raising prices for consumers to help offset steeper input expenses.

“When you finally add it all up, I mean, the price recovery against the tariffs only amounted to about 40%, or between 40% and 50%,” he said on April 24. “So there was a big chunk of inflation-related cost that was not covered by the price as well as some of the tariffs.”


Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: thomas franck, timothy aeppel, luke sharrett, bloomberg, getty images
Keywords: news, cnbc, companies, week, pain, ahead, price, companies, cry, trump, trade, stanley, preparing, cant, tariffs, wide, sp, think, sit, tariff, took, hike


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Reddit Co-founder Alexis Ohanian on Warren Buffett, Facebook, IPOs and more

Reddit Co-founder Alexis Ohanian on Warren Buffett, Facebook, IPOs and more8:38 AM ET Fri, 3 May 2019Alexis Ohanian, co-founder of Reddit and Initialized Capital, joins “Squawk Box” at Berkshire Hathaway’s annual investor meeting to discuss a wide range of topics including Facebook’s new policy to ban public figures that it says “promote or engage in violence and hate.”


Reddit Co-founder Alexis Ohanian on Warren Buffett, Facebook, IPOs and more8:38 AM ET Fri, 3 May 2019Alexis Ohanian, co-founder of Reddit and Initialized Capital, joins “Squawk Box” at Berkshire Hathaway’s annual investor meeting to discuss a wide range of topics including Facebook’s new policy to ban public figures that it says “promote or engage in violence and hate.”
Reddit Co-founder Alexis Ohanian on Warren Buffett, Facebook, IPOs and more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-03  Authors: anjali sundaram
Keywords: news, cnbc, companies, reddit, wide, public, cofounder, warren, topics, buffett, range, ipos, facebook, squawk, ohanian, violence, alexis


Reddit Co-founder Alexis Ohanian on Warren Buffett, Facebook, IPOs and more

Reddit Co-founder Alexis Ohanian on Warren Buffett, Facebook, IPOs and more

8:38 AM ET Fri, 3 May 2019

Alexis Ohanian, co-founder of Reddit and Initialized Capital, joins “Squawk Box” at Berkshire Hathaway’s annual investor meeting to discuss a wide range of topics including Facebook’s new policy to ban public figures that it says “promote or engage in violence and hate.”


Company: cnbc, Activity: cnbc, Date: 2019-05-03  Authors: anjali sundaram
Keywords: news, cnbc, companies, reddit, wide, public, cofounder, warren, topics, buffett, range, ipos, facebook, squawk, ohanian, violence, alexis


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America’s Huawei fight is of no concern to the UAE, Dubai A.I. executive says

DUBAI — The U.S.’s concerted campaign against Chinese tech companies, particularly telecommunications giant Huawei, isn’t stopping allies like the United Arab Emirates from making use of their technology. This was evident during the country’s inaugural AI Everything summit held this week in Dubai, which hosted delegates from companies around the world including the American heavyweights Google, IBM, Microsoft as well as Chinese rivals Alibaba, SenseTime and Huawei. As the small Gulf nation striv


DUBAI — The U.S.’s concerted campaign against Chinese tech companies, particularly telecommunications giant Huawei, isn’t stopping allies like the United Arab Emirates from making use of their technology. This was evident during the country’s inaugural AI Everything summit held this week in Dubai, which hosted delegates from companies around the world including the American heavyweights Google, IBM, Microsoft as well as Chinese rivals Alibaba, SenseTime and Huawei. As the small Gulf nation striv
America’s Huawei fight is of no concern to the UAE, Dubai A.I. executive says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-02  Authors: natasha turak
Keywords: news, cnbc, companies, business, companies, chinese, welcomed, executive, dubai, world, work, ai, americas, fight, week, uae, huawei, wide, concern


America's Huawei fight is of no concern to the UAE, Dubai A.I. executive says

DUBAI — The U.S.’s concerted campaign against Chinese tech companies, particularly telecommunications giant Huawei, isn’t stopping allies like the United Arab Emirates from making use of their technology.

This was evident during the country’s inaugural AI Everything summit held this week in Dubai, which hosted delegates from companies around the world including the American heavyweights Google, IBM, Microsoft as well as Chinese rivals Alibaba, SenseTime and Huawei.

As the small Gulf nation strives to diversify its economy and enhance ease of doing business, its government is pushing for the broad implementation of artificial intelligence into everyday life, governance and business operations. To that effect, it’s welcomed the partnership of a wide spectrum of companies and countries, decidedly declining to take sides in what many have described as the global AI race between China and the U.S.

“I don’t believe it’s a concern for our government, especially as we are managing that relationship very carefully,” Aisha bin Bishr, director general of Smart Dubai, the government body leading Dubai’s AI roadmap, told CNBC’s Dan Murphy during the event.

“You cannot stop implementing technologies just because of some negative flags flagged externally — you need to take that risk and calculate it, be ready for anything to happen during that journey, and we work very closely with our chief security officers,” she said.


Company: cnbc, Activity: cnbc, Date: 2019-05-02  Authors: natasha turak
Keywords: news, cnbc, companies, business, companies, chinese, welcomed, executive, dubai, world, work, ai, americas, fight, week, uae, huawei, wide, concern


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‘There’s zero chance that 5G is a ubiquitous technology’ by 2021

“There is a zero chance that 5G is a ubiquitous technology” by 2021, Moffett said Tuesday in a “Squawk Box” interview. “The standards of 5G were set for insanely wide blocks of spectrum,” he explained. Verizon turned on its 5G network in Chicago and Minneapolis earlier this month, at an additional cost of $10 for customers with existing unlimited plans. So far this year, AT&T stock is up about 12%, but down 8% over the past 12 months. Verizon shares are up nearly 4% in 2019 and almost 20% higher


“There is a zero chance that 5G is a ubiquitous technology” by 2021, Moffett said Tuesday in a “Squawk Box” interview. “The standards of 5G were set for insanely wide blocks of spectrum,” he explained. Verizon turned on its 5G network in Chicago and Minneapolis earlier this month, at an additional cost of $10 for customers with existing unlimited plans. So far this year, AT&T stock is up about 12%, but down 8% over the past 12 months. Verizon shares are up nearly 4% in 2019 and almost 20% higher
‘There’s zero chance that 5G is a ubiquitous technology’ by 2021 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, 12, ubiquitous, technology, theres, spectrum, months, zero, san, wide, 2021, network, chance, 5g, stock, verizon


'There's zero chance that 5G is a ubiquitous technology' by 2021

There’s no chance that fifth generation wireless, or 5G, will become available everywhere in two years’ time, according to Craig Moffett, who has been a leading telecommunications analyst for years.

Moffett, co-founder of boutique research firm MoffettNathanson, is skeptical that Verizon and other telecom companies can make the transition because spectrum — the range of frequencies an operator network is allowed to radiate — is not sufficient enough in the U.S. to completely support 5G mobile.

“There is a zero chance that 5G is a ubiquitous technology” by 2021, Moffett said Tuesday in a “Squawk Box” interview.

“The standards of 5G were set for insanely wide blocks of spectrum,” he explained. “You can’t find insanely wide blocks of spectrum anywhere but these stratospheric high frequencies.”

The 5G standard is meant to be at least 50 times faster than its 4G predecessor. Competition to move to the new technology is fierce.

Verizon turned on its 5G network in Chicago and Minneapolis earlier this month, at an additional cost of $10 for customers with existing unlimited plans. Earlier this month, AT&T said its 5G service went live in parts of seven more cities — Austin, Los Angeles, Nashville, Orlando, San Diego, San Francisco, and San Jose.

Moffett appeared on CNBC shortly after Verizon posted first-quarter earnings and revenue that beat Wall Street expectations. It raised its 2019 profit forecast.

The MoffettNathanson analyst said Verizon is a “fully valued” stock, but more favorable than AT&T.

So far this year, AT&T stock is up about 12%, but down 8% over the past 12 months. Verizon shares are up nearly 4% in 2019 and almost 20% higher over 12 months.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, 12, ubiquitous, technology, theres, spectrum, months, zero, san, wide, 2021, network, chance, 5g, stock, verizon


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‘There’s zero chance that 5G is a ubiquitous technology’ by 2021

“There is a zero chance that 5G is a ubiquitous technology” by 2021, Moffett said Tuesday in a “Squawk Box” interview. “The standards of 5G were set for insanely wide blocks of spectrum,” he explained. Verizon turned on its 5G network in Chicago and Minneapolis earlier this month, at an additional cost of $10 for customers with existing unlimited plans. So far this year, AT&T stock is up about 12%, but down 8% over the past 12 months. Verizon shares are up nearly 4% in 2019 and almost 20% higher


“There is a zero chance that 5G is a ubiquitous technology” by 2021, Moffett said Tuesday in a “Squawk Box” interview. “The standards of 5G were set for insanely wide blocks of spectrum,” he explained. Verizon turned on its 5G network in Chicago and Minneapolis earlier this month, at an additional cost of $10 for customers with existing unlimited plans. So far this year, AT&T stock is up about 12%, but down 8% over the past 12 months. Verizon shares are up nearly 4% in 2019 and almost 20% higher
‘There’s zero chance that 5G is a ubiquitous technology’ by 2021 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, 12, ubiquitous, technology, theres, spectrum, months, zero, san, wide, 2021, network, chance, 5g, stock, verizon


'There's zero chance that 5G is a ubiquitous technology' by 2021

There’s no chance that fifth generation wireless, or 5G, will become available everywhere in two years’ time, according to Craig Moffett, who has been a leading telecommunications analyst for years.

Moffett, co-founder of boutique research firm MoffettNathanson, is skeptical that Verizon and other telecom companies can make the transition because spectrum — the range of frequencies an operator network is allowed to radiate — is not sufficient enough in the U.S. to completely support 5G mobile.

“There is a zero chance that 5G is a ubiquitous technology” by 2021, Moffett said Tuesday in a “Squawk Box” interview.

“The standards of 5G were set for insanely wide blocks of spectrum,” he explained. “You can’t find insanely wide blocks of spectrum anywhere but these stratospheric high frequencies.”

The 5G standard is meant to be at least 50 times faster than its 4G predecessor. Competition to move to the new technology is fierce.

Verizon turned on its 5G network in Chicago and Minneapolis earlier this month, at an additional cost of $10 for customers with existing unlimited plans. Earlier this month, AT&T said its 5G service went live in parts of seven more cities — Austin, Los Angeles, Nashville, Orlando, San Diego, San Francisco, and San Jose.

Moffett appeared on CNBC shortly after Verizon posted first-quarter earnings and revenue that beat Wall Street expectations. It raised its 2019 profit forecast.

The MoffettNathanson analyst said Verizon is a “fully valued” stock, but more favorable than AT&T.

So far this year, AT&T stock is up about 12%, but down 8% over the past 12 months. Verizon shares are up nearly 4% in 2019 and almost 20% higher over 12 months.


Company: cnbc, Activity: cnbc, Date: 2019-04-23  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, 12, ubiquitous, technology, theres, spectrum, months, zero, san, wide, 2021, network, chance, 5g, stock, verizon


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How India’s economy went from weak to fastest growing in the world

Indian voters are deciding on their next prime minister and one key issue that could sway voters is how much Prime Minister Narendra Modi has done with the country’s economy. India’s economy is the fastest growing large economy in the world. The United Nations expects India’s current population of 1.3 billion to keep growing and surpass China by 2024. A few years ago, Prime Minister Modi, promised to add 10 million jobs to help boost the economy. And GDP per capita, which is a measure of wealth


Indian voters are deciding on their next prime minister and one key issue that could sway voters is how much Prime Minister Narendra Modi has done with the country’s economy. India’s economy is the fastest growing large economy in the world. The United Nations expects India’s current population of 1.3 billion to keep growing and surpass China by 2024. A few years ago, Prime Minister Modi, promised to add 10 million jobs to help boost the economy. And GDP per capita, which is a measure of wealth
How India’s economy went from weak to fastest growing in the world Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: natalie zhang
Keywords: news, cnbc, companies, wide, prime, weak, world, modi, country, indias, china, growing, economy, fastest, voters, minister, went


How India's economy went from weak to fastest growing in the world

Indian voters are deciding on their next prime minister and one key issue that could sway voters is how much Prime Minister Narendra Modi has done with the country’s economy.

India’s economy is the fastest growing large economy in the world. The United Nations expects India’s current population of 1.3 billion to keep growing and surpass China by 2024.

However, the country is facing a few obstacles.

A few years ago, Prime Minister Modi, promised to add 10 million jobs to help boost the economy.

That hasn’t really happened. The unemployment rate now sits at a 45-year high. And GDP per capita, which is a measure of wealth across a country, lags behind rivals like China by a wide margin.

Can India keep growing at such a fast pace? And if it does, at what cost?


Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: natalie zhang
Keywords: news, cnbc, companies, wide, prime, weak, world, modi, country, indias, china, growing, economy, fastest, voters, minister, went


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