Badger Meter (BMI) Teams Up With AT&T Smart City Alliance
Zacks Investment Research | Jun 13, 2018 05:51AM ET
Badger Meter, Inc. (NYSE:BMI) recently joined AT&T Smart City Alliance — a framework created by AT&T Inc. (NYSE:T) — which helps cities provide smart water metering solutions to people.
Notably, AT&T’s smart cities framework is backed by an association of key technology leaders and industry organizations, comprising Cisco Systems, Inc. (NASDAQ:CSCO) , Deloitte, Ericsson (BS:ERICAs), General Electric Co. (NYSE:GE) , IBM (NYSE:IBM), Intel (NASDAQ:INTC) and Qualcomm (NASDAQ:QCOM) Technologies, Inc. They are working together to help cities address critical issues like high energy costs, transportation, aging infrastructure and public safety by using the Internet of Things (IoT).
Thus, the integration of AT&T’s widespread network and Badger Meter’s cellular AMI solutions will help utilities boost water sustainability. The collaboration is in sync with Badger Meter’s plan to offer smart city water metering solutions by utilizing cellular networks.
Badger Meter, Inc. Price
industry with respect to price over the past year mainly due to raw material price inflation. The stock has gained around 9%, while the industry recorded 24% growth.
Badger Meter currently carries a Zacks Rank #5 (Strong Sell). You can see Zacks Investment Research
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