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4-Traders Homepage  >  Equities  >  Nyse  >  AT&T    T

AT&T (T)
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Delayed Quote. Delayed  - 10/17 10:01:21 pm
36.23 USD   +0.17%
01:37a AT&T : Towers bring internet to rural Montgomery County
10/17 AT&T : expands Internet service in county's rural areas
10/17 AT&T : The monopolization of our democracy
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AT&T : Towers bring internet to rural Montgomery County

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10/18/2017 | 01:37am CEST

Oct. 17--AT&T on Tuesday unveiled two towers in Ramer and Pike Road that it said will bring high-speed internet access to hundreds of homes and businesses in rural Montgomery County for the first time.

Montgomery County Commissioner Ronda Walker was one of those cheering the announcement under a newly upgraded tower. Walker said internet access isn't just a convenience anymore, not in a world where tablets are replacing school textbooks.

"(Rural students) take those tablets to their homes, but they don't have internet access," Walker said. "They don't have ... any way to view the tablets, so it's worthless to them. It's imperative that we get these students access to the internet in these rural areas."

The upgrades announced Tuesday will let AT&T offer its fixed wireless internet service to about 500 homes and small businesses in the county. The service features download speeds of at least 10Mbps and upload speeds of at least 1Mbps, delivered from one of the wireless towers to a fixed antenna on the home or business.

AT&T spokesman Ty Fondren said plans start at about $50 a month when paired with other services.

"In a 21st century economy, we must have a 21st century infrastructure -- access to high-speed internet is integral to that quest," Alabama Gov. Kay Ivey said in a statement.

The company also unveiled two other tower upgrades Tuesday that will cover about 200 homes in Lowndes County. Earlier this summer it launched the service in Autauga and Chilton counties.

AT&T's rollout will continue through 2020. By that time the company hopes to cover 66,000 rural Alabama homes and small businesses, Fondren said.

You can see more at att.com/internet/fixed-wireless.html.

___

(c)2017 the Montgomery Advertiser (Montgomery, Ala.)

Visit the Montgomery Advertiser (Montgomery, Ala.) at www.montgomeryadvertiser.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

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Financials ($)
Sales 2017 161 B
EBIT 2017 28 922 M
Net income 2017 14 639 M
Debt 2017 115 B
Yield 2017 5,45%
P/E ratio 2017 15,32
P/E ratio 2018 14,05
EV / Sales 2017 2,09x
EV / Sales 2018 2,05x
Capitalization 222 B
Chart AT&T
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AT&T Technical Analysis Chart | T | US00206R1023 | 4-Traders
Technical analysis trends AT&T
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 29
Average target price 41,0 $
Spread / Average Target 13%
EPS Revisions
Managers
NameTitle
Randall L. Stephenson Chairman, President & Chief Executive Officer
John J. Stephens Chief Financial & Principal Accounting Officer
Joyce M. Roché Independent Director
Laura D'Andrea Tyson Independent Director
Matthew K. Rose Lead Independent Director
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