AT&T (NYSE: T) is executing on its two strategic initiatives – the buildout of its nationwide 5G network, and expansion of its fiber network both within and outside its operating footprint. Its year-end 2022 results reflect that progress. The company expanded its retail wireless customer base to 104 million postpaid and prepaid subscribers, up over 3 percent on a year over year basis. Including connected devices and reseller lines, AT&T’s wireless network supported over 217 million connections on December 31.
It is ahead of schedule with its C-band 5G spectrum rollout objective, now reaching 150 million mid-band 5G POPs, more than double its initial 2022 year-end target. Where mid-band 5G is deployed, 25 percent of the traffic already utilizes that spectrum. The company expects to cover more than 200 million people with mid-band 5G by the end of 2023. Continue Reading |
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