AT&T is eyeing its 5G launch in a dozen markets
AT&T (T) is planning to roll out its mobile 5G (fifth-generation) services in at least 12 markets before the end of the year. The company recently added Indianapolis to its list of target markets for the service. AT&T previously named Charlotte, Oklahoma City, Raleigh, Dallas, Atlanta, and Waco as 5G target markets.
According to Andre Fuetsch, AT&T’s CTO, the telecom company is choosing markets for a 5G buildout program based on where it already holds 5G-capable spectrum. The other factor is the openness of a market to allow the mobile operator to install the necessary infrastructure for its 5G buildout.
Verizon (VZ) recently announced that it’s looking forward to launching its 5G services in Indianapolis later in 2018. As a result, Verizon and AT&T are expected to compete for 5G market share in Indianapolis—and likely in other regions as well—in the forthcoming months.
Like AT&T, Verizon is planning to roll out its commercial 5G fixed wireless broadband services in at least four US residential markets by the end of this year.
5G expected to unlock extensive revenue opportunities
Mobile operators like AT&T expect 5G services to unlock significant revenue opportunities. The ultrafast 5G networks are expected to boost consumption of digital video services, allowing operators like AT&T to make more data sales and generate more revenues from their online video streaming services. According to Statista, 5G wireless subscriptions are forecast to reach 545.0 million by 2022.
AT&T exited the second quarter with 147.3 million wireless subscribers. Verizon, T-Mobile (TMUS), and Sprint (S) closed the quarter with 152.7 million, 75.6 million, and 53.7 million wireless subscribers, respectively.