Jan. 23 at 6:47 PM
B. Riley initiating
$BAND Buy as AI voice volume starts to matter. PT
$20 midpoint.
This is clearly positive for
$TWLO too, more AI apps means more calls, more usage.
But Bandwidth owns the network. That’s the difference.
Owner-operator model = better margins, better reliability, less pricing pressure than pure CPaaS resellers.
As voice traffic scales, value shifts toward the carrier layer.
TWLO benefits.
BAND keeps more of every dollar!
