From CNET: AT&T gained customers in the second quarter as the telecommunications giant worked to upgrade its network to better compete with Verizon and T-Mobile.
The Dallas-based company revealed Thursday with its second-quarter earnings that it has already covered 70 million people with its C-band flavor of 5G. The company previously said that it planned to cover 70 million to 75 million people with midband spectrum, which it spent $27 billion acquiring last year, by the end of 2022 but it moved off that target earlier this year. Instead, it said in January that it planned to cover 200 million people with its various midband spectrum positions by the end of 2023.
In addition to the C-band purchase, AT&T shelled out more than $9 billion to acquire additional 3.45GHz midband spectrum in a recent FCC auction. That adds to its increasing cache of midband radio airwaves, which is coveted for its mix of wider coverage and higher speeds. Both bands can work together and are marketed by the carrier as "5G Plus."
On Thursday AT&T said it is six months ahead of schedule on midband 5G deployment and now expects to cover nearly 100 million people by the end of the year with this flavor.
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