AT&T Inc. (NYSE:T)’s 4G LTE network is in boom


Dallas, Texas 08/22/2013 (Financialstrend) – AT&T Inc. (NYSE:T) is planning to roll out the 4G LTE into the minimum of 50 additional markets by the end of the current year thereby giving all the benefits of the fastest and reliable 4G LTE network of the nation to even more number of the customers. At present, AT&T Inc is covering over 225 million people along with 370 markets. By the end of the current year, the coverage is anticipated to expand to 270 million customers and over 400 markets. The customers in the new markets are believed to be able to perform streaming, downloading, uploading and gaming at the speeds higher than before. The greater performance of the fastest and reliable 4G LTE network of AT&T Inc. (NYSE:T) would continue to be validated by the third party testing which are independent bodies.

Per the data from independent third party, AT&T Inc has the higher success rates in delivering the mobile contents along the nation’s 4G LTE networks. San Diego has named AT&T Inc as the fastest 4G LTE network in the Fastest Networks 30 market study 2013 of PC Magazine. Moreover, AT&T Inc has swept the top ranking in all the 6 regions of US from one coast to another.

During the last trading session, as similar to the majority of the blue chips, the stock of AT&T Inc. (NYSE:T) has decreased by 0.8% to the price of $ 33.62. At present, the shares of AT&T Inc have been decreased by more than 13% since the end of April month. It is to be noted that so far during this month, AT&T Inc has surrendered around 4.7% thereby at present; the company is in danger of ending this month beneath the stock’s moving average in the 20-month period for the first time since mid of the year 2010. It is also to be noted that short interest has increased by 16.6% during the last 2 reporting periods.

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