
AT&T Inc. (NYSE:T) recovered some of its Friday losses after announcing the activation of mid-band spectrum acquired from EchoStar Corp (NASDAQ:SATS) across nearly 23,000 cell sites.
The rollout, which boosts 5G speed and capacity in over 5,300 cities across 48 states, strengthens the company's wireless network and supports its strategy to grow converged subscribers for both 5G mobile and home internet services.