Previous close | 16.76 |
Open | 16.60 |
Bid | 0.00 x 21500 |
Ask | 0.00 x 21500 |
Day's range | 16.55 - 16.77 |
52-week range | 13.43 - 21.53 |
Volume | |
Avg. volume | 36,290,595 |
Market cap | 119.119B |
Beta (5Y monthly) | 0.72 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.11 (6.62%) |
Ex-dividend date | 06 Oct 2023 |
1y target est | N/A |
STOCKHOLM (Reuters) -AT&T said on Monday it chose Ericsson to build a telecom network that uses only so-called ORAN technology and which will cover 70% of its wireless traffic in the United States by late 2026, marking a milestone for the new technology. ORAN or open radio access network promises to cut costs drastically for telecom operators as it uses cloud-based software and gear from many suppliers instead of relying on proprietary equipment supplied by such companies as Nokia, Ericsson and Huawei which do not work with each other. While several telecom providers such as Telefonica and Vodafone have tested the technology, mass adoption has been slow by existing carriers.
AT&T said on Monday it chose Ericsson to build a telecom network that uses only so-called ORAN technology and which will cover 70% of its wireless traffic in the United States by late 2026, marking a milestone for the new technology. ORAN or open radio access network promises to cut costs drastically for telecom operators as it uses cloud-based software and gear from many suppliers instead of relying on proprietary equipment supplied by such companies as Nokia , Ericsson and Huawei which do not work with each other. While several telecom providers such as Telefonica and Vodafone have tested the technology, mass adoption has been slow by existing carriers.
AT&T said on Monday it plans to use so-called ORAN technology for 70% of its wireless network traffic in the United States by late 2026 and will move from two telecom vendors to one. ORAN or open radio access network promises to radically cut costs for telecom operators as it uses cloud-based software and gear from many suppliers instead of relying on proprietary equipment supplied by a handful of companies that do not work with each other. While the technology has been tested by several telecom providers, it has not been widely adopted.