Shares of AT&T Inc. (NYSE:T) ended Tuesday session in red amid volatile trading. The shares closed down -0.10 points or -0.25% at $39.96 with 14.20 million shares getting traded. Post opening the session at $40.16, the shares hit an intraday low of $39.88 and an intraday high of $40.43 and the price vacillated in this range throughout the day. The company has a market cap of $244.98 billion and the numbers of outstanding shares have been calculated to be 6.15 billion shares.
On Sept. 20, 2016 – AT&T unveiled Project AirGig, a transformative technology from AT&T Labs that could one day deliver low-cost, multi-gigabit wireless internet speeds using power lines.
We’re deep in the experimentation phase. This technology will be easier to deploy than fiber, can run over license-free spectrum and can deliver ultra-fast wireless connectivity to any home or handheld wireless device. We designed Project AirGig literally from the ground up to be both practical and transformational. Our initial and ongoing testing at AT&T outdoor facilities has been positive. We expect to kick off our first field trials in 2017.
“Project AirGig has tremendous potential to transform internet access globally – well beyond our current broadband footprint and not just in the United States,” said John Donovan, Chief Strategy Officer and Group President, Technology and Operations, AT&T. “The results we’ve seen from our outdoor labs testing have been encouraging, especially as you think about where we’re heading in a 5G world. To that end, we’re looking at the right global location to trial this new technology next year.”
Shares of Verizon Communications Inc. (NYSE:VZ) ended Tuesday session in green amid volatile trading. The shares closed up +0.17 points or 0.14% at $51.27 with 14.01 million shares getting traded. Post opening the session at $51.60, the shares hit an intraday low of $51.13 and an intraday high of $51.80 and the price vacillated in this range throughout the day. The company has a market cap of $206.25 illion and the numbers of outstanding shares have been calculated to be 4.08 billion shares.
Verizon Communications Inc. (VZ) on Sept. 15, 2016 announced that the newest player in the Motorola line-up, the Moto G Play prepaid smartphone, is now available on Verizon, the better network. Enjoy your favorite videos and games in vibrant HD, talk all day on a single charge, shoot crisp photos and more with the water-repellent Moto G Play—all on the nation’s most reliable 4G LTE network. The Moto G Play is available online at www.verizonwireless.com and in Verizon retail stores.
The Moto G Play features a large 5″, 720p HD resolution display, ensuring sharp pictures and vibrant colors on everything you love. Other features include:
- A 2800 mAH battery, providing all-day use with a single charge
- Powered by Qualcomm® Snapdragon quad-core processor and runs Android 6.0.1 Marshmallow
- An 8MP rear-facing camera featuring a fast f/2.2 lens, LED flash and a sensor that uses larger-than-average pixels. Capture great video at 30 fps in 1080p
- A 5MP front-facing camera perfect for selfies and video chats.
- Advanced nano-coating that creates a water-repellent barrier that helps guard against moderate exposure to accidental spills, splashes and light rain