) have collaborated to develop a new eCommerce solution that
provides an online shopping services platform via mobile
application or in-store. The new service will involve cloud,
application management and network services offered by AT&T.
The commercial launch of this new eCommerce solution is expected
this year and can be availed through subscription-based packages.
We believe the new agreement will enable the company to scale up
its business in the wireless segment and enhance service
offerings that garner significant market traction.
Collaborations and acquisitions have played significant roles in
shaping AT&T's growth story. In terms of service offerings,
the company enhanced its U-verse services by tying up with
The Walt Disney Co.
) to deliver three of its products - WATCH Disney Channel, WATCH
Disney XD and WATCH Disney Junior. Further, AT&T expanded its
business collaboration with
) by incorporating Microsoft Lync to its Unified Communications
portfolio of services.
Apart from enhancing product portfolio, the company is also
seeking expansion of its networking capabilities through
strategic collaborations. Early this year, the company entered
into an agreement with Verizon Wireless to acquire spectrum
licenses. The deal was for 39 lower 700 megahertz (MHz) licenses,
covering 42 million people in 18 states including major
territories such as Chicago, Los Angeles and Miami.
AT&T also plans to buy the remaining portion of Alltel's
wireless operations including spectrum licenses, retail stores
and network assets from Atlantic Tele-Networks Inc. Moreover,
AT&T aims to enhance its high-speed wireless network to
generate more profits from the surging demand for mobile Internet
services for smartphones, tablets and other devices
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AT&T currently retains a Zacks Rank #3 (Hold).