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Wireless Carrier

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AT&T Launches Affordable 5G Home Internet Service in 16 Markets
technology2 years ago

AT&T Launches Affordable 5G Home Internet Service in 16 Markets

AT&T is expanding its 5G home internet service, called "Internet Air," to 16 new markets, offering home broadband over 5G for $55 per month. The new markets include areas in Los Angeles, Philadelphia, Chicago, Detroit, Portland, and Tampa. Customers with AT&T wireless service and automatic payments can lower the bill to $35 per month. The service does not have overage fees, equipment charges, or annual contracts. AT&T expects download speeds between 40Mbps and 140Mbps and upload speeds between 5Mbps and 25Mbps. The setup is similar to other providers, with a modem/Wi-Fi router combo device shipped to users. Larger homes can get Wi-Fi extenders for an additional cost. AT&T's expansion into home internet comes after an earlier-than-expected speed boost to its 5G network.

finance2 years ago

AT&T's Mixed Earnings Results Cause Stock Volatility

AT&T missed analysts' estimates for free cash flow in Q1 2021, reporting $1 billion compared to the predicted $3.02 billion, but remains on track to meet its full-year forecast. The company added 424,000 regular monthly phone subscribers, exceeding analysts' predictions, and signed on 272,000 new fiber subscribers. AT&T's shift to connectivity and capital spending contributed to a dropoff in free cash flow last year.