), will reportedly offer in-flight Wi-Fi service. The service
will available by late 2015 and would involve 4G LTE network.
Through the new service offering, the company aims to bring
faster connection, replacing the currently available expensive on
Reportedly, AT&T has collaborated with
Honeywell International Inc.
) for hardware supplies to receive signals on the plane. However,
AT&T would require FAA and FCC approval for installing
equipment and using wireless airwaves network in flights.
Further, with the new in-flight offering, AT&T will
), which is the leading provider of in-flight Internet in the
U.S. This, we believe, would prompt AT&T to come up with
strong promotional activities in order to establish itself in a
Although, AT&T is yet to prove its mettle in on-flight
Internet service but on ground, the company boasts the best
Internet speeds in the industry, as it is the only U.S. carrier
that provides 4G network through both Long-Term Evolution (LTE)
and High-Speed Packet Access Plus (HSPA+) technologies.
AT&T's LTE network serves as the benchmark of mobile
technology and the life-blood for operators across the world. The
company is running ahead of schedule in 4G LTE service deployment
and expects to cover 300 million users by mid 2014.
To support these services, the company offers several 4G LTE
smartphones and tablets. Smartphone sales were solid at $7.9
million in the quarter, resulting in higher data usage. As of Dec
31, 2013, smartphones comprised 93% of all post-paid sales.
AT&T collaborated with NEC Corp. for the launch of 4G LTE
hardy smartphone - NEC Terrain - with the aim of expanding
AT&T, currently has a Zacks Rank #3 (Hold).
Stocks with Zacks Rank #1 (Strong Buy) include
Level 3 Communications, Inc.
), is worth considering in this sector.
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