AT&T has finalized the sale of its cybersecurity division, marking a pivotal moment in the company’s strategic realignment. The division has been transitioned into a new independent entity known as LevelBlue, backed by majority owner WillJam Ventures. This move sees LevelBlue emerge as a standalone managed cybersecurity services business with a global presence spanning 10 countries and boasting a workforce exceeding 1000 employees.
AT&T is gearing up to roll out its latest offering, AT&T Turbo, starting May 2nd, in a bid to revolutionize wireless connectivity. Priced at $7 per month, the service is designed to provide users with enhanced network capabilities, allowing them to optimize their mobile data connection whenever needed.
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.
