AT&T's wireless wherewithal in question - analysts [telecom]

by Bevin Fletcher

Even though AT&T reported a strong first quarter for wireless subscribers, some analysts think the operator may be stepping off the

5G playing field as it focuses on other parts of its business.

"It appears that management has chosen to focus its limited resources on HBO Max and on fiber deployments rather than try to keep pace with the network investments Verizon and T-Mobile are making in wireless," wrote New Street Research analyst Jonathan Chaplin, in a Monday note to investors.

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