AT&T(US:T) ZACKS·2025-10-17 17:10Core Insights - AT&T has launched FirstNet Fusion, a comprehensive mission-critical communications platform aimed at unifying public safety communications [1][8] - The platform integrates various communication tools, enhancing emergency response capabilities for public safety teams [2][3] Product Overview - FirstNet Fusion combines features such as push-to-talk, NextGen 9-1-1 dispatch, and connectivity for devices, making it accessible to all public safety teams regardless of their existing systems [2] - The platform's Fusion link feature connects legacy land mobile radio systems with modern broadband, facilitating improved communication [2][3] - It is designed to work seamlessly with other public safety systems, enhancing interoperability and reducing vendor lock-in issues [3] Market Position - AT&T is a key player in the public safety sector, with its FirstNet network covering over 2.99 million square miles and expanding based on feedback from first responders [4] - The company plans to deploy 1,000 new cell sites by 2025 to bolster public safety operations in rural areas [4] Competitive Landscape - AT&T faces competition from Verizon and T-Mobile in the public safety connectivity market [5][6] - Verizon's Frontline service is well-regarded among emergency responders and has recently partnered with the Tampa Police Department to enhance communications [5] - T-Mobile's T-Priority service, while lacking federal endorsement, has secured a significant deal with New York City and is expanding its 5G coverage for public safety [6] Financial Performance - AT&T's stock has increased by 20.3% over the past year, outperforming the Wireless National industry's growth of 2% [7][8] - The company's shares are currently trading at a price/earnings ratio of 11.86, which is lower than the industry's 12.54 [9] - Earnings estimates for AT&T for 2025 have remained stable, while estimates for 2026 have decreased [11]