Dallas, Texas 08/21/2013 (Financialstrend) – It had been announced that AT&T Inc. (NYSE:T) had planned to roll out 4G LTE services in Greenville by the end of this fiscal year which would prove to bring the customers in this region an access to the latest generation in the wireless network technology and faster speeds of mobile internet. These 4G LTE services of the largest and most reliable provider of internet services in the United States presently covers around 225 million people in the country and it is expected that by the end of 2013 this coverage would be expanded to 270 million people and across 400 markets.
It is further worth noting that AT&T Inc. (NYSE:T) presently has the highest rate of success for delivering fastest speeds of internet in the mobile devices across all the networks. Further the 4G LTE service of the company had been recognized to be having faster average download and upload speeds among all other major competitors in the market. The stock of AT&T Inc. (NYSE:T) had recently been presenting marginal gain in the share prices owing to such positive news releases related to the expansion of 4G network services to the new markets, thereby ascertaining the investor confidence in the stock.
AT&T Inc. (NYSE:T) had on Tuesday reported a closing price of $33.87 per share, which was measured to have presented a gain of 0.24% over the previous close. The stock, on Tuesday, had intraday price movements in the range of $33.78 to $34.09 per share for the day, while presently the stock’s 52 week lowest price level is at $32.71 and 52 week highest level is at $39.00 per share. The company presently has around 5.31 billion shares being traded in the markets with the market cap on Tuesday at $179.88 billion and institutional owners making a contribution of around 52%.