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AT&T INC.

(T)
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Real-time Estimate Cboe BZX  -  12:11 2022-12-07 pm EST
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AT&T : Virginia's FirstNet Network Expands, Boosts Capabilities

12/07/2020 | 08:09am EST
FirstNet: Mobile Broadband Network for First Responders in Carroll, Floyd Craig, Grayson, Franklin and Washington Counties in Virginia Advances Public Safety Communications Capabilities

New Infrastructure Will Also Improve Connectivity for Residents and Visitors; Public Safety's Network Supports COVID-19 Emergency Response

First responders in Carroll, Floyd, Craig, Grayson, Franklin and Washington Counties in Virginia are getting a major boost in their wireless communications with the addition of new, purpose-built FirstNet cell sites. This new infrastructure is a part of the FirstNet network expansion taking place across the Commonwealth, bringing increased coverage, capacity and capabilities for public safety.

New FirstNet cell sites have launched in the following communities:

  • Carroll County: This new site in Dugspur will provide new coverage to Dugspur and surrounding areas and will complete the initiative that brings coverage to US 221 (Floyd Pike) between Hillsville and Copper Hill.
  • Craig County: A new site in New Castle brings new coverage to the town of New Castle and to the surrounding areas to include Routes 311, 42, 624, and 615.
  • Floyd County: This new site in Willis will bring coverage to the western portion of Willis and surrounding areas.
  • Franklin County: A new site in Ferrum provides coverage for Routes 864, 853, 607, 40, and surrounding areas, including Ferrum College.
  • Grayson County: A new site in Independence provides coverage around Independence, including the River North Correctional Center and along US 21 and US 221.
  • Washington County: A new site in Damascus provides coverage in town and around US 58, and state Routes 708 and 712.

In October 2020, AT&T announced new sites were turned on in Carroll, Fairfax, Floyd and Patrick Counties. Other purpose-built sites in Fairfax County, Prince William County and Alleghany County were announced in 2019.

FirstNet is the only nationwide, high-speed broadband communications platform dedicated to and purpose-built for America's first responders and the extended public safety community. It's built with AT&T* in a public-private partnership with the First Responder Network Authority (FirstNet Authority) - an independent agency within the federal government.

That's why AT&T has a responsibility unlike any other network provider. And unlike commercial networks, FirstNet provides real, dedicated mobile broadband when needed with always-on priority and preemption for first responders. This helps ensure Virginia's first responders connect to the critical information they need - every day and in every emergency. Plus, it's giving first responders unthrottled access to the nation's fastest overall network experience.1

'Virginia's first responders deserve fast, reliable and dedicated coverage across the state to help them effectively and efficiently address incidents. And with FirstNet, that's exactly what they're getting,' said Vince Apruzzese, president, AT&T Virginia. 'We couldn't be more pleased to support the public safety mission and bring the state's first responders - and residents - greater access to the connectivity they need. Working with public safety we've made FirstNet nimble, adaptable and ready to scale for even the most severe situations.'

Apruzzese added that Virginia was the first state in the country to opt in to FirstNet in July 2017.

Building upon AT&T's current and planned investments in Virginia, we're actively extending the reach of FirstNet to give agencies large and small the reliable, unthrottled connectivity and modern communications tools they need. The build out of the FirstNet platform is currently well ahead of schedule and, in addition to the purpose-built sites, already offers subscribers in Virginia these benefits and more:

Public safety-specific advanced capabilities - FirstNet is the only nationwide platform that gives first responders an entire communication ecosystem of unique benefits including mission-centric devices, certified applications and always-on, 24-hours-a-day priority and preemption across voice and data.

Unparalleled emergency support - State and local agencies in Virginia on FirstNet also have 24/7 access to a nationwide fleet of 76 land-based and airborne deployable network assets. These portable cell sites can either be deployed for planned events or in emergencies at no additional charge. FirstNet Response Operations - led by a group of former first responders - guides the deployment of the FirstNet deployable assets based on the needs of public safety.

Free smartphones for life for public safety agencies - AT&T also has expanded the benefits of FirstNet for state and local agencies across Virginia - spanning law enforcement, fire, EMS, healthcare, hospital emergency departments, emergency management and 9-1-1 operations. Now, they can stay up-to-date with free smartphones for life at no additional cost on their FirstNet Mobile-Unlimited plans.2 This means first responders across agencies of all sizes will have affordable access to their network for decades to come.

The COVID-19 health crisis illustrates precisely why public safety fought for the creation of FirstNet. Where public safety goes, we go. We've answered the call for tornadoes, hurricanes, wildfires, floods and other natural disasters. But with COVID-19, it is like experiencing a perpetual emergency in every community across the country. Public safety's network is being tested in a completely new way, and it's hitting the mark.

'FirstNet is a dedicated broadband platform for public safety, by public safety,' said FirstNet Authority CEO Edward Parkinson. 'We worked hand-in-hand with Virginia's public safety community to understand their needs for the network. And these network enhancements are a prime example of how that input and feedback is becoming reality. We look forward to supporting Virginia's first responders' use of FirstNet to help them save lives and protect communities.'

In addition to further elevating public safety's connected experience in support of their emergency response, this new infrastructure will also help improve the overall coverage experience for AT&T wireless customers in the area. These sites were constructed using Band 14 spectrum, as well as AT&T commercial spectrum. Band 14 is nationwide, high quality spectrum set aside by the government specifically for FirstNet. Residents, visitors and businesses in the area of these new sites can take advantage of the AT&T spectrum bands, as well as Band 14 when additional capacity is available.

For more about the value FirstNet is bringing to public safety, check out FirstNet.com.

1Based on AT&T analysis of Ookla® Speedtest Intelligence® data median download speeds for Q3 2020. Ookla trademarks used under license and reprinted with permission.

2 Available only to FirstNet first responder public safety entities for Primary Agency Paid User lines of service. Requires a new FirstNet Mobile - Unlimited for Smartphone line or eligible upgrade on a two-year service agreement or AT&T installment 30-month agreement. For two-year agreement, upgrade your smartphone with a new eligible smartphone every two years at no additional cost for as long as your service plan is in effect and in good standing. Pay $.99 for eligible smartphone at purchase, credited back within three billing cycles. Upgrade requires new two-year agreement. For AT&T Installment 30-month agreement, upgrade your smartphone with a new eligible smartphone every time you satisfy your current AT&T Installment agreement and sign a new one for no additional cost for as long as your service plan is in effect and in good standing. For both plans, tax on full discount price (two-year agreement) or full retail price (AT&T Installment agreement) due at sale. Activation and other fees, taxes, charges and restrictions apply. See firstnet.com/agencyoffers for offer details.

About the First Responder Network Authority

The First Responder Network Authority (FirstNet Authority) is an independent authority within the U.S. Department of Commerce. Chartered in 2012, its mission is to ensure the building, deployment, and operation of the nationwide, broadband network that equips first responders to save lives and protect U.S. communities. Learn more at FirstNet.gov/mediakit and follow the FirstNet Authority (@FirstNetGov) on Facebook and Twitter for updates.

*About AT&T Communications

We help family, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to mobile video streaming, we innovate to improve lives. We have the nation's fastest wireless network.** And according to America's biggest test, we have the nation's best wireless network.*** We're building FirstNet® just for first responders and creating next-generation mobile 5G. With a range of TV and video products, we deliver entertainment people love to talk about. Our smart, highly secure solutions serve nearly 3 million global businesses - nearly all of the Fortune 1000. And worldwide, our spirit of service drives employees to give back to their communities. AT&T Communications is part of AT&T Inc. (NYSE:T). Learn more at att.com/CommunicationsNews. AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information about AT&T products and services is available at about.att.com. Follow our news on Twitter at @ATT, on Facebook at facebook.com/att and on YouTube at youtube.com/att.

**Based on analysis by Ookla® of Speedtest Intelligence® data median download speeds for Q3 2020. Ookla trademarks used under license and reprinted with permission.

***GWS OneScore, September 2020.

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Disclaimer

AT&T Inc. published this content on 07 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 December 2020 13:08:03 UTC


ę Publicnow 2020
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Financials (USD)
Sales 2022 125 B - -
Net income 2022 19 046 M - -
Net Debt 2022 128 B - -
P/E ratio 2022 7,67x
Yield 2022 5,82%
Capitalization 137 B 137 B -
EV / Sales 2022 2,11x
EV / Sales 2023 2,09x
Nbr of Employees 203 000
Free-Float 93,4%
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Number of Analysts 31
Last Close Price 19,17 $
Average target price 20,50 $
Spread / Average Target 6,92%
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Managers and Directors
John T. Stankey Chief Executive Officer & Director
Pascal Desroches Chief Financial Officer & Senior Executive VP
William E. Kennard Independent Chairman
Jeremy Alan Legg Chief Technology Officer
Jeffrey Scott McElfresh Chief Operating Officer
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