U.S. markets closed
  • S&P 500

    4,397.94
    -84.79 (-1.89%)
     
  • Dow 30

    34,265.37
    -450.02 (-1.30%)
     
  • Nasdaq

    13,768.92
    -385.10 (-2.72%)
     
  • Russell 2000

    1,987.92
    -36.12 (-1.78%)
     
  • Crude Oil

    84.83
    -0.72 (-0.84%)
     
  • Gold

    1,836.10
    -6.50 (-0.35%)
     
  • Silver

    24.34
    -0.37 (-1.50%)
     
  • EUR/USD

    1.1355
    +0.0037 (+0.33%)
     
  • 10-Yr Bond

    1.7470
    -0.0860 (-4.69%)
     
  • GBP/USD

    1.3546
    -0.0055 (-0.40%)
     
  • USD/JPY

    113.6550
    -0.4450 (-0.39%)
     
  • BTC-USD

    35,572.86
    -3,098.07 (-8.01%)
     
  • CMC Crypto 200

    870.86
    +628.18 (+258.85%)
     
  • FTSE 100

    7,494.13
    -90.88 (-1.20%)
     
  • Nikkei 225

    27,522.26
    -250.67 (-0.90%)
     

AT&T (T) Expands 5G on FirstNet to Support First Responders

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • T-PC
  • CLFD
  • JNPR
  • QCOM

AT&T Inc. T has expanded 5G connectivity for first responders on FirstNet to ensure that public safety officials have greater access to the connectivity they need to address incidents.

FirstNet is a nationwide, high-speed wireless broadband network that is used for public safety. It allows first responders, emergency personnel and other essential workers to communicate during emergencies. It is built by AT&T in a public-private partnership with the First Responder Network Authority — an independent agency within the federal government.

First responders in an additional 10 cities across the United States will now have access to 5G. These are Austin, Charlotte, Cleveland, Dallas, El Paso, Houston, Knoxville, Phoenix, Raleigh and San Antonio.

First responders in parts of 38 cities and more than 20 venues have access to AT&T’s 5G+ spectrum.

The FirstNet MegaRange, which was launched in January 2021, significantly boosted cellular transmission strength and enabled first responders to operate farther away. It improves coverage issues, whether at the edges of coverage or in dense urban environments.

AT&T ESInet has been integrated with the FirstNet network to increase the resiliency of AT&T’s NextGen 9-1-1 services.

AT&T currently covers 250 million people in the United States with 5G using sub-6 MHz spectrum across 500 markets. It plans to begin C-Band deployment by the end of this year and expects to cover almost 200 million points-of-presence with C-Band by the end of 2023.

AT&T is expected to benefit from the increasing demand for its wireless services. The company continues to invest in key areas for long-term sustainable growth.

AT&T’s shares have lost 3.5% in the past six months against the industry’s growth of 1.7%.

Zacks Investment Research
Zacks Investment Research


Image Source: Zacks Investment Research

The stock currently has a Zacks Rank #3 (Hold).

Some better-ranked stocks in the broader industry are Clearfield, Inc. CLFD, Juniper Networks, Inc. JNPR and Qualcomm, Inc. QCOM. While Clearfield sports a Zacks Rank #1 (Strong Buy), Juniper and Qualcomm carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Clearfield delivered a trailing four-quarter earnings surprise of 49%, on average.

Juniper pulled off a trailing four-quarter earnings surprise of 7.5%, on average.

Qualcomm delivered a trailing four-quarter earnings surprise of 13.5%, on average.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

QUALCOMM Incorporated (QCOM) : Free Stock Analysis Report

AT&T Inc. (T) : Free Stock Analysis Report

Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report

Clearfield, Inc. (CLFD) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research