According to a new report from Re/Code Facebook will launch a mobile ad network later this month at the F8 developer conference in San Francisco according to multiple sources familiar with the matter, says Re/Code.
AT&T announced last fall that it would begin its LTE rollout in mid-2011, and it’s now finally delivered a few more details. The carrier has just confirmed that five markets — Dallas, Houston, Chicago, Atlanta and San Antonio — will be getting LTE sometime “this summer,” with ten more as-yet-unnamed cities set to join them in the second half of the year. All told, AT&T says that should cover about 70 million Americans by year’s end. Of course, an LTE network needs some devices, but AT&T unfortunately isn’t providing much in the way of details about those just yet — it’s only saying that it plans to add 20 4G devices to its portfolio this year, and that “some of those” will be LTE capable.
AT&T is disputing a financial analyst’s criticism of its wireless capital spending, saying there is more to its mobility investments than was represented in the report.
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On a conference call Tuesday, Gerard Hallaren of TownHall Investment Research said the carrier is investing disproportionately in its wired network even as its wireless service lags behind other carriers. AT&T would have to invest an additional $5 billion to bring its cellular service up to the level of its biggest competitor, Verizon Wireless, Hallaren said.