AT&T is making moves to enhance its 5G network coverage in the United States, despite the recent acquisition of Lumen Technologies. Analysts predict that AT&T still has the financial resources to invest in additional spectrum, specifically in the mid-band range.
Learning from Past Mistakes: AT&T's Shift in Spectrum Strategy
While AT&T and Verizon initially focused on high-frequency millimeter wave spectrum for their 5G buildout, T-Mobile's success with mid-band spectrum prompted a shift in strategy. AT&T is now looking to secure more mid-band and C-band licenses to catch up to its competitors.
AT&T's Investment Plans for 3.45GHz Spectrum
New Street Research indicates that AT&T is considering purchasing $1.2 billion of 3.45GHz spectrum from UScellular and SoniqWave, with potential funds of up to $7 billion for additional spectrum acquisitions. These investments align with AT&T's goal to strengthen its 5G capabilities.
