- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
AT&T’s (NYSE:T) 4G LTE network, notorious for being much smaller than that of rival wireless carrier Verizon (NYSE:VZ), received a boost this week as the nation’s second-largest service provider announced the expansion of its high-speed network to 15 new markets. With these new additions, AT&T is making its network more compatible with Apple’s (NASDAQ:AAPL) latest iPhone 5, iPad, and iPad mini.
On Friday, AT&T announced that its LTE service would be available in ten new cities: Boise, ID; Boulder, CO; Bowling Green, KY; Harrisburg, PA; Hartford, CT, Lancaster, PA; Lexington, KY; New Haven, CT; Ogden, UT; and Providence, RI. These new additions are the second network update that the carrier has made this week. On Tuesday, the company expanded the service into five new markets: Green Bay, WI; Melbourne, FL; Oxford, MS, Springfield, MA; and Tucson, AZ.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
The new cities bring AT&T’s total number of 4G LTE markets to approximately 135. In comparison, Verizon offers the service in 470 markets, after adding 29 new markets on Thursday, and Sprint (NYSE:S), the nation’s third-largest carrier, offers it in 49 markets.
By the end of 2013, AT&T plans to have the service accessible to 250 million people and 300 million people will be covered by the end of 2014.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.