AT&T (T) has inked a five-year agreement with Ericsson (ERIC) for the expansion of its 5G network and C-band spectrum. The deal, which builds on 20 years of collaboration, should allow the wireless giant to expand its 5G network coverage. T shares fell 2.76% to close at $26.03 on October 11. AT&T is a telecommunication media and technology company that offers wireless, voice, data communication, and targeted advertising services. As part of the collaboration, AT&T will leverage Ericsson’s network expertise to take the 5G network to more customers, businesses, and first responders.
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