IT services firm Tech Mahindra on Tuesday said it has entered into a licensing agreement with AT&T to offer telecom operators a highly automated solution for conducting network health checks and connectivity tests, ensuring more robust and reliable networks. As part of the deal, Tech Mahindra will use AT&T's Automated Network Testing (ANT) and Open Tool platforms to transform network testing and certification for LTE and 5G networks globally, the company said in a statement. "Tech Mahindra today announced a licensing agreement with AT&T for its proprietary ANT and Open Tool platforms. These applications deliver an advanced platform designed to transform network testing and certification across Long Term Evolution (LTE), 5G Non-Standalone (NSA), and 5G Standalone (SA) domains, it said. The ANT platform features a user-friendly interface and an automated backend, integrating multiple industry traffic generation tools for streamlined test execution and validation. The Open ..
Shares of the company rose more than 4 per cent during the session to their highest level since May 2021
The wireless carrier aims to double its fiber internet availability and enhance its 5G network, offering customers bundled discounts on high-speed fiber data and wireless phone services
As the pool of potential new wireless customers tightens, AT&T and its peers have been pushing broadband internet services, through fiber-optic lines and fixed wireless service
AT&T would receive an initial payment of $2 billion in 2025, and additional payments through 2029, the company said in a filing on Monday
The U.S. telecom company said the FBI is investigating and at least one person has been arrested after AT&T call logs were copied from its workspace on a third-party cloud platform
AT&T added 349,000 net monthly bill-paying wireless phone subscribers in the first quarter, flying past expectations of 286,800 additions, according to five analysts polled by FactSet
AT&T is the third-largest US retail wireless carrier, behind Verizon Communications Inc. and T-Mobile US Inc.
Downdetector showed users of Verizon, T-Mobile and UScellular also faced disruptions
IBM up as it sees higher full-year sales; Dow Inc jumps after beating Q3 estimates; Tesla expects to miss vehicle delivery target this year; AT&T raises annual profit forecast, Verizon gains
Tesla shares rise as profit tops expectations; airlines slide after United, American report earnings; energy stocks lead sectoral declines
The judgment is one of the largest ever to arise from a commercial dispute, Sean Gorman, a partner with Bracewell LLP who represented BMC in the case, said
The $43 bn Discovery, WarnerMedia deal to create the next big content streaming giant has cleared an antitrust review from the US government agencies
OneWeb is racing against Elon Musk's rival Starlink system to offer internet to consumers and businesses in regions of the world where terrestrial fixed and wireless connections aren't profitable
The results come as AT&T is unwinding its expensive media investments to focus on its original business of providing phone and internet services
The deal is structured as a tax-advantaged Reverse Morris Trust.
Discovery shareholders would own 29% of the new company
Discovery shares jumped 16% in premarket trading. AT&T shares rose 1.4%.
While millions of people struggled to make ends meet, many of the companies hit hardest in 2020 showered their executives with riches
AT&T purchased DirecTV for $68 billion including debt in 2015