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MarketScreener Homepage  >  Equities  >  Nyse  >  AT&T    T

AT&T

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AT&T : to launch NB-IoT network in US, Mexico in 2019

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06/26/2018 | 10:52am EDT

US telecommunications company AT&T has announced that it will be looking to successfully launch its own narrowband internet of things (NB-IoT) network within the US early next year, later followed by a second launch across Mexico.

AT&T will look to use the NB-IoT network to meet the needs of its enterprise customers that request a range of IoT solutions, complementing its existing LTE-M network, both of which are considered to be low-power wide-area (LPWA) technologies.

NB-IoT is suited to meeting more basic IoT requirements, whilst LTE-M allows for more complex capabilities such as software updates and mobility.

Adding NB-IoT to our portfolio will expand our LPWA capabilities, help drive investment in our evolution to 5G and support our customers as they deploy IoT solutions across the US and Mexico, said Chris Penrose, President, IoT Solutions, AT&T.

Further, both of AT&Ts NB-IoT and LTE-M technologies will be made future proof in order to maintain the telecommunications industrys rising IoT standards.

The introduction of NB-IoT and LTE-M dual-mode chipsets and modules means customers can support a wide range of applications globally, said AT&T.

According GSMA, as cited by AT&T, 24 mobile operators have already launched a total of 48 mobile IoT networks globally, with an expectation that there will be 1.8bn LPWA connections by 2025.

(c) All rights are reserved for National Iraqi News Agency / NINA 2018 Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2019 184 B
EBIT 2019 38 844 M
Net income 2019 19 896 M
Debt 2019 158 B
Yield 2019 6,38%
P/E ratio 2019 12,51
P/E ratio 2020 11,70
EV / Sales 2019 2,13x
EV / Sales 2020 2,07x
Capitalization 234 B
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Technical analysis trends AT&T
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 29
Average target price 33,9 $
Spread / Average Target 5,7%
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Managers
NameTitle
Randall L. Stephenson Chairman, President & Chief Executive Officer
John J. Stephens CFO, Principal Accounting Officer & Senior EVP
Joyce M. Roché Independent Director
Laura D'Andrea Tyson Independent Director
Matthew K. Rose Lead Independent Director
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