) is seeking expansion plans in the European continent. The
company plans to license Digital Life- a home monitoring system
activated on wireless devices like cellphones. The company hopes
to see more international businesses coming up for its Digital
Besides conventional telecom services like voice and data, the
company is making sound progress in the innovative and emerging
products category, thereby accelerating revenue generation and
enhancing profitability. In this regard, the company recently won
General Motors Company
) OnStar deal. Since 1996,
Verizon Communications Inc.
) has been the service provider for OnStar, which connects
drivers to live operators for directions or help during
emergencies. From 2015 onward, AT&T will provide wireless
support to this service, which already boosts similar agreements
with other automobile companies like
Ford Motor Co.
) and Nissan Motor Co.
AT&T - the largest provider of wireless services in North
America - is experiencing strong momentum in its wireless
businesses. Continued strength in smartphone and branded
computing device sales are fueling growth in the wireless
The company boasts the best Internet speeds in the industry as
it is the only U.S. carrier that provides 4G networks through
both Long Term Evolution (LTE) and High-Speed Packet Access Plus
The company's LTE networks serve as the benchmark for mobile
technology and the life-blood for operators across the world. The
company is on track to deploy 4G Long-Term Evolution (LTE)
services as early as possible and achieve the target of
connecting 250 million people by 2013-end and 300 million people
by year-end 2014.
However, risk factors such as a saturated wireless market,
persistent losses in access lines, labor union issues and
aggressive pricing plans of direct competitors are likely to
weigh on the company's revenues and margins in the near to medium
AT&T has a Zacks Rank #3 (Hold) rating.
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