AT&T (T) is hard at work expanding its services around the United States. It’s already a major carrier when it comes to mobile phone services, and I expect the company to enjoy marginal growth in its stock price. As shares are already trading at a fairly high price, the stock may not be the best short-term investment. The company is strong, however, and it has had a positive news presence recently. Therefore, I expect the stock price to continue going up, making it an optimal long-term play.
AT&T has made headlines due to the expansion of its Internet and telephone wireless services. For example, AT&T is offering a bird’s eye view of many network enhancements in Los Angeles. It will provide this through a new microsite called ‘focus: Los Angeles.’ Interested readers can visit the site to view the number of improvements that have been made in the area, dating back to January 1, 2011. They can also find out what kinds of enhancements were made and where.
Viewers will find that over 2,600 upgrades have been made in the LA metro area in about a year and a half, including new cell sites, broadband speed upgrades, network connection upgrades, and more. These upgrades will improve cell phone service in the area, increase wireless Internet speeds, and provide some 4G data speeds for compatible devices.
This is a great public relations move for AT&T for two reasons. First off, improved service in a huge metro area like LA can increase revenue, as more people will start to use its improved service.