Although carriers including AT&T and Telefonica have boasted of their progress toward virtualized, software-defined networks, the overall wireless industry remains in the very early stages of this transition, said Ericsson CEO Hans Vestberg.
AT&T business customers may be interested in the carrier's growing base of on-demand virtual services, but the telco realizes that it has to accommodate multiple environments.
AT&T has invested over $3 billion in its Illinois wireline and wireless networks between 2013 and 2015, expanding the availability of its Gigapower service and LTE wireless services to more residential and business customers.
As large service providers like AT&T and Verizon move forward with their virtualization plans to simplify service delivery and activation, IHS Markit forecasts that the NFV market will scale from $2.7 billion today to $15.5 billion by 2020.
Wireless industry insiders in the U.S. love to argue about carrier factors such as promotional campaigns, ARPU and price per gigabyte (as evidenced by the recent dust-up regarding Verizon's recent price hikes). But a new research note from MoffettNathanson argues investors shouldn't pay too much attention to those variables when it comes to picking carrier stocks.
Just two months after Verizon settled a costly strike with workers, AT&T is experiencing some labor troubles of its own for the first time in several years.
While its biggest rival, Verizon, openly touts its desire to compete with Google and Facebook in the realm of digital advertising, AT&T's intentions have been less clear.
U.S. carriers were more concerned about fully monetizing their existing users than they were about poaching rivals from the competition during the second quarter of 2016, Barclays analysts say, which likely means the market will remain relatively unchanged from the first quarter. But the space could heat up in a major way during the second half of the year.
Donald Procknow, the former president of the AT&T Bell System-era manufacturing arm Western Electric, passed away at 93.
Joining several European operators in their ambitions, SK Telecom wants to set up a global Internet of Things roaming network based on LoRa.