At&T Stock Price, News & Analysis

AT&T announced advancements in its 5G network, achieving nationwide coverage six months early, reaching over 250 million people and enhancing customer experiences across various sectors. The company is deploying super-fast 5G+ in 38 cities and 20 venues, aiming for more by year-end. AT&T's recent acquisition of C-band spectrum positions it for swift deployment in the competitive landscape. Collaborations with sports teams and educational institutions highlight the innovative applications of its 5G network in enhancing user experiences and enabling new technologies.

On July 12, 2021, AT&T announced enhancements to its International Day Pass service, offering unlimited high-speed data, talk, and text when traveling abroad. Customers will now only pay a maximum of $10 for 10 days of service, with an additional 50% off for extra lines. This change aims to help travelers save on wireless costs while enjoying seamless connectivity, as AT&T doesn't limit data speed abroad. The service will automatically activate upon arrival at the international destination, simplifying the process for users.

AT&T has enhanced its Unlimited Elite plan, offering customers unlimited high-speed data without slowdowns, effective immediately and at no extra cost. The mobile hotspot data allowance has increased by 10GB to 40GB, and video resolution is now upgraded to 4K UHD. These changes aim to improve customer satisfaction as more users connect remotely. The plan also includes built-in AT&T ActiveArmor security features and continues to offer 5G coverage nationwide. Customers will be notified of these benefits automatically, emphasizing AT&T's commitment to providing value without additional hassle.

AT&T and Google Cloud have announced new solutions leveraging AT&T's 5G and Google Cloud's edge computing capabilities. The collaboration aims to enhance business operations across various industries, including retail, healthcare, and manufacturing. Key features include the Multi-access Edge Compute (MEC) solution and AT&T Network Edge capabilities, which promise improved data control, security, and reduced latency. The companies plan to roll out services in major cities, starting with Chicago, and are focused on delivering transformative customer experiences.

AT&T has announced a strategic partnership with Microsoft to migrate its 5G mobile network to the Microsoft cloud, utilizing Azure for Operators. This alliance will enhance AT&T's productivity and cost efficiency while managing its network traffic. Microsoft will acquire AT&T’s carrier-grade Network Cloud technology, enhancing its telecom offerings. The move allows AT&T to reduce engineering costs and innovate rapidly, retaining customer relationships. The companies will not disclose financial terms, but this shift is expected to align with the growing demand for cloud-driven mobile services.

AT&T Inc. (NYSE: T) has declared a quarterly dividend of $0.52 per common share, payable on August 2, 2021, to stockholders of record by July 9, 2021. Additionally, dividends were announced for the company’s perpetual preferred stocks: 5.000% Series A at $312.50 per share and 4.750% Series C at $296.875 per share. The total dividends reflect AT&T's commitment to returning value to shareholders.

AT&T has appointed Luis Ubiñas to its board of directors, effective immediately. Ubiñas, 58, has extensive experience in business and government, having served as a senior partner at McKinsey & Company and as President of the Ford Foundation. He will also bring his expertise from advising various companies and currently serves on the boards of Electronic Arts and Tanger. His election raises the total number of directors on AT&T's board to 13, where he will participate in the Public Policy and Corporate Reputation committee.

AT&T's FirstNet is enhancing emergency response capabilities by expanding its fleet of deployable network assets for public safety. The initiative introduces over 100+ land-based and airborne portable cell sites, available at no extra cost. Key additions include 3 Communications Vehicles, 4 Micro SatCOLTs for wildfire support, and 10 SatCOLTs for enhanced connectivity. The expansion responds to increased requests from agencies, exceeding 200 this year for events from COVID-19 vaccination to natural disasters. This strategic move aims to further support first responders across the U.S.