AT&T showcased robust performance in its first-quarter financial report, buoyed by significant mobile customer additions and positive metrics in earnings, cash flow, and spending. Despite a slight decline in headline figures, the telecommunications giant demonstrated resilience amid challenging market conditions.
In a significant move, AT&T has pledged an additional $3 billion investment by the end of the decade to address the digital divide in the United States, bringing its total commitment to this cause to $5 billion. This announcement comes as part of the telco’s ongoing efforts to ensure more Americans have access to affordable high-speed internet.
In a strategic move aimed at bolstering its foothold in the competitive telecommunications arena, US telecom giant AT&T has unveiled its Internet Air service for business customers, marking a significant shift in its approach to 5G fixed-wireless access (FWA).
AT&T’s CEO John Stankey has shed light on the massive service disruption on February 22nd. Revealing an incorrect protocol during network expansion as the cause, Stankey unveiled a testament of resilience. Meanwhile, AT&T plans to apply account credits to the most affected consumers and small businesses. The incident, affecting an estimated 75% of customers, triggered a swift restoration of service, notably prioritizing first responders.
In an ambitious move to enhance the United States’ emergency services network, AT&T, in partnership with the First Responder Network Authority (FirstNet Authority), has announced plans for a significant upgrade and expansion of FirstNet. This initiative, which could see an investment exceeding $8 billion over the coming decade, aims to build upon the network’s already extensive coverage and capabilities.
AST SpaceMobile secures a funding boost of $206.5 million from AT&T, Google, and Vodafone. Used smartphone market saw a robust 9.5% growth, while the new smartphone market faced a 3.2% decline. Nokia and Oppo have resolved their patent dispute with a multi-year cross-licensing agreement on 5G technology. ASC Americas partners with Wilmac Technologies to integrate ASC’s “Recording Insights” into Wilmac’s services. Mavenir has secured a contract to modernize messaging capabilities for Deutsche Telekom networks.
In a groundbreaking move, AT&T has selected Ericsson as the primary supplier for its Open RAN equipment, set to handle 70% of its wireless traffic by the close of 2026. The five-year agreement, valued at an impressive $14 billion, signals a significant shift in the North American telecommunications landscape. Under the deal, Ericsson will replace some of Nokia’s equipment in specific areas of AT&T’s network.
AT&T’s vast addition to their fiber net base underlines an impressive income growth. This growth is visible in their third-quarter report, boasting revenues over $30 billion. The influential role of AT&T’s fiber subscriptions reveals a customer base exceeding 8 million aided significantly by a striking 26.9 percent growth in AT&T Fiber revenues. Notably, the company’s recent launch, AT&T Internet Air, foresees further enhancement to their service offerings.
Despite a minor dip in its median download speed, T-Mobile continues to reign in mobile performance. However, Verizon and AT&T are gradually closing the gap, as reflected in Ookla’s recent market report. Nonetheless, T-Mobile remains dominant, not only in download speed but across most network parameters. The race is particularly close in 5G latency and consistency, where all three telecom giants exhibit competitive performance. Stay tuned as these corporate titans strive to have the final say in technological supremacy.
AT&T has delicately entered the 5G fixed-wireless access (FWA) industry with its Internet Air product, targeting a specific demographic and remaining wary of impacting its mobile and fibre operations. Discussing the challenges and benefits of this strategic approach, we examine its potential against market leaders T-Mobile and Verizon. Are they being too cautious? Are they possibly missing out on the emerging FWA boom in the U.S?.
