AT&T is expanding its 5G services in two more cities
AT&T (T) is progressing well on its 5G network and has added two new cities for its 5G line-up. The two new cities to get AT&T’s 5G network are Chicago and Minneapolis, which are in addition to other cities including Las Vegas, Los Angeles, Nashville, Orlando, San Diego, San Francisco, and San Jose, where the mobile carrier has plans to launch 5G services in the first half of 2019. On December 21, 2018, AT&T launched its first mobile 5G service in parts of 12 cities including Houston, Jacksonville, Oklahoma City, and Indianapolis to name a few.
According to sources, AT&T’s 5G has a speed ranging from 200 to 300 Mbps with highs reaching around 400 Mbps. However, AT&T’s 5G network can only be accessed by specific hotspot devices like the Netgear Nighthawk 5G. AT&T has also completed its FirstNet deployment in 2018 and has also accelerated the process of fiber deployment, which is the basis of the 5G network. However, AT&T disclosed that the first 5G phones are expected to come in 2020.
Competition for 5G
In 5G, AT&T competes with Verizon (VZ), T-Mobile (TMUS), and Sprint (S), which are also working on 5G network deployment. Verizon launched its 5G Home Internet service in October 2018 in some US markets like Houston, Indianapolis, Los Angeles, and Sacramento, and is planning to expand its 5G Home offering and into other businesses related to home Internet such as home automation.
Mobile carrier T-Mobile and Sprint are targeting a 5G launch in the first half of 2019. Dish Network (DISH) also has plans to build a 5G network, as it seeks to diversify outside its core satellite television market. According to research by Statista, 5G wireless subscriptions are projected to reach 545 million by 2022.