We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
AT&T (T) to Move 5G Mobile Network to Microsoft Azure
Read MoreHide Full Article
AT&T Inc. (T - Free Report) has announced collaboration with Microsoft (MSFT - Free Report) under which the telecom giant will move its 5G mobile network to the latter’s cloud. This will allow AT&T’s mobile network traffic to be managed by Microsoft Azure technology.
The process will start with AT&T’s 5G core, which is the 5G network’s main software that connects mobile users with the Internet. The move will enable AT&T to enhance productivity and deliver large-scale network services to meet customers’ needs.
Microsoft will have access to AT&T’s intellectual property to expand its telecom offering — Azure for Operators. It is acquiring AT&T’s carrier-grade Network Cloud platform, which has been running AT&T’s 5G core since the company launched 5G in 2018.
AT&T will continue to operate its network and maintain its customer relationships. By using Microsoft’s hybrid infrastructure, AT&T will be able to significantly decrease engineering and development costs. With Microsoft’s cloud, AI and edge technology, it can innovate faster and roll out new services that are enabled by 5G.
AT&T aims to streamline its operations with the growing demand for reliable mobile services at competitive prices. It has been working to unlock 5G opportunities for customers from different industries.
Furthermore, Microsoft will acquire AT&T’s engineering and lifecycle management software, which are used to deploy a carrier-grade cloud that runs virtualized network services. Microsoft will bring AT&T’s existing network cloud to Azure over the next three years. The details on the financial terms were not disclosed.
AT&T is likely to benefit from the increasing demand for its wireless services. The company continues to invest in key areas for long-term sustainable growth.
AT&T’s shares have lost 4.3% in the past year against 6.1% growth of the industry.
Image Source: Zacks Investment Research
The stock currently carries a Zacks Rank #3 (Hold).
U.S. Cellular delivered a trailing four-quarter earnings surprise of 123.9%, on average.
Cambium delivered a trailing four-quarter earnings surprise of 46.5%, on average.
Zacks Names “Single Best Pick to Double”
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.
Image: Bigstock
AT&T (T) to Move 5G Mobile Network to Microsoft Azure
AT&T Inc. (T - Free Report) has announced collaboration with Microsoft (MSFT - Free Report) under which the telecom giant will move its 5G mobile network to the latter’s cloud. This will allow AT&T’s mobile network traffic to be managed by Microsoft Azure technology.
The process will start with AT&T’s 5G core, which is the 5G network’s main software that connects mobile users with the Internet. The move will enable AT&T to enhance productivity and deliver large-scale network services to meet customers’ needs.
Microsoft will have access to AT&T’s intellectual property to expand its telecom offering — Azure for Operators. It is acquiring AT&T’s carrier-grade Network Cloud platform, which has been running AT&T’s 5G core since the company launched 5G in 2018.
AT&T will continue to operate its network and maintain its customer relationships. By using Microsoft’s hybrid infrastructure, AT&T will be able to significantly decrease engineering and development costs. With Microsoft’s cloud, AI and edge technology, it can innovate faster and roll out new services that are enabled by 5G.
AT&T aims to streamline its operations with the growing demand for reliable mobile services at competitive prices. It has been working to unlock 5G opportunities for customers from different industries.
Furthermore, Microsoft will acquire AT&T’s engineering and lifecycle management software, which are used to deploy a carrier-grade cloud that runs virtualized network services. Microsoft will bring AT&T’s existing network cloud to Azure over the next three years. The details on the financial terms were not disclosed.
AT&T is likely to benefit from the increasing demand for its wireless services. The company continues to invest in key areas for long-term sustainable growth.
AT&T’s shares have lost 4.3% in the past year against 6.1% growth of the industry.
The stock currently carries a Zacks Rank #3 (Hold).
A couple of better-ranked stocks in the industry are United States Cellular Corporation (USM - Free Report) and Cambium Networks Corporation (CMBM - Free Report) , both sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
U.S. Cellular delivered a trailing four-quarter earnings surprise of 123.9%, on average.
Cambium delivered a trailing four-quarter earnings surprise of 46.5%, on average.
Zacks Names “Single Best Pick to Double”
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>