T Expands IoT Connectivity Portfolio: Will it Boost Prospects?

Core Insights - AT&T has launched the AT&T IoT Network Intelligence to enhance enterprise visibility across its connected devices ecosystem, addressing challenges arising from the rapid adoption of IoT devices in various sectors [1][8] Industry Overview - The global IoT market was valued at $864.32 billion in 2025 and is projected to grow at a compound annual growth rate (CAGR) of 24.3% from 2025 to 2030, indicating significant growth potential in the IoT sector [4] Company Developments - AT&T's IoT Network Intelligence provides visibility into critical components such as signal strength, data throughput, and latency, enabling faster troubleshooting and operational efficiency [3][8] - The company has gained 8.9% in stock price over the past year, contrasting with a 0.3% decline in the industry [7] - AT&T's forward price-to-earnings ratio stands at 10.5, which is below the industry average of 11.49, suggesting potential undervaluation [9] Competitive Landscape - AT&T faces competition from Verizon and T-Mobile in the IoT connectivity space, with both companies investing heavily in IoT technologies and partnerships to enhance their offerings [5][6]