To boost up its 5G network, AT&T is planning to buy more companies. Just as AT&T Acquires Straight Path. The company will pay a total of $1.6 billion to Straight Path. Straight Path is a company which holds the rights to a portfolio of millimeter wave (mmWave) spectrum.
AT&T Acquires Straight Path to improve its Upcoming 5G Network
After this acquisition, AT&T will give the carrier access to 735 mmWave licenses in the 39 GHz band. Moreover, it will also get 133 licenses in the 28 GHz band. The licenses will cover the entire US, including the top 40 markets. AT&T started its first 5G trials in Austin, using its mmWave spectrum in a fixed wireless system, and plans to expand those trials to other parts of the US later this year.
The company also said about the technology used in 5G network which is millimeter wave technology to experience super fast 5G network. As compared to 4G technology, this technology is 40 times faster. AT&T is also being able to achieve speeds of over 1 gigabit per second with this technology. We can say that this is, no doubt, equal to the astronomical speed. The company also claims that with this 5G speed, a consumer can download a TV episode in less than 3 seconds.
The mmWave technology could allow AT&T to offer speeds at up to 20 Gbps for downloads and up to 10 Gbps for uploads for its users. Not only AT&T, many other companies are also working on 5G network. Recently, Qualcomm, Ericsson and AT&T broadcasted their joint venture based on 5G trials. These trials are based on 3GPP new radio specs. This will further lead to speedy commercialization of generation technology.