“AT&T would need to spend about US$5 billion on its wireless network to catch up with the coverage offered by Verizon Wireless, a financial research firm said Tuesday,” Stephen Lawson reports for IDG News Service.
“The public’s perception of AT&T’s network is poor and declining, apparently because of real shortcomings when compared with Verizon Wireless and Sprint Nextel, said Gerard Hallaren, director of research at TownHall Investment Research,” Lawson reports. “The company hosted a conference call about AT&T for investors in conjunction with WJB Capital Group. TownHall announced it has reduced its rating of AT&T from ‘Favorable’ to ‘Neutral.'”
Lawson reports, “The second-largest U.S. mobile operator has been buoyed by its exclusive deal to sell the popular Apple iPhone — an edge that is expected to disappear soon — but has been shortchanging its wireless infrastructure at the expense of its wired network, Hallaren said. ‘It has a choice to spend or suffer,’ Hallaren said.”
“AT&T has already done some things right, he added. Moving the 3G service to its longer range 850MHz radio band in the San Francisco area seems to have helped coverage there, and the company will probably take that strategy nationwide while testing coverage in specific areas and ‘surgically’ increasing capacity, Hallaren said. As one of the world’s largest GSM carriers, AT&T is also well positioned to roll out LTE (Long-Term Evolution), which is designed to deliver higher speeds more efficiently, and should do it soon, he said,” Lawson reports. “AT&T has said it will begin to introduce LTE next year.”
Much more in the full article here.
[Thanks to MacDailyNews Reader “James W.” for the heads up.]