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Oct. 14, 2021, 4:39 p.m. EDT

4 Top 5G Stocks To Watch As Dell Releases New 5G Software

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Verizon Communication

Another top 5G company today would be Verizon. This is a company that provides communications, information, and entertainment products and services. Most would be familiar with its wireless services that are provided across the U.S. under the Verizon brand. Lately, the company has been pushing hard in the 5G space to bring better services to its customers.

For instance, you can now access Verizon's 5G wherever you are, whether you're at home, at work, or on the go. Its 5G Home Internet is now available in 60 cities, 5G Ultra Wideband mobility in nearly 90 cities, and 5G Business Internet has expanded to 57 cities. Moreover, its Verizon Business unlimited plans give you the option for a mobile hotspot for as low as $30 a line. When it comes to 5G, connectivity and speed are of utmost importance for most consumers and Verizon has gotten that covered.

It is also noteworthy that the company and CareAR have announced a strategic partnership earlier this month. The partnership aims to transform the service and customer experience CareAR delivers. Technicians will be able to remotely and proactively resolve service issues faster, smarter, and more safely with Verizon's 4G and 5G networks on board. Overall, the company appears to be firing on all cylinders in the 5G space. With that in mind, do you think VZ stock is an attractive stock to buy?

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Similar to Verizon, AT&T is a holding company that provides telecommunications, media, and technology services globally. However, it also has a WarnerMedia segment that develops, produces, and distributes feature films, television, gaming, and other content. While it may be true that T stock has been under pressure in recent months, there are reasons to believe it could potentially make a turnaround soon.

For starters, the company partnered with Frontier Communications last week to bring fiber-optic connectivity to large enterprise customers outside AT&T's current footprint. Hence, it will be able to reach out to large enterprise customers in markets where it does not own a fiber network. The agreement will also benefit AT&T as it will support the deployment of its 5G mobility network.

Not to mention, AT&T has recently selected Ericsson ( NASDAQ: ERIC ) to help build its 5G network in the U.S. The deal helps support the deployment of the service provider's recently acquired C-band spectrum and the launch of 5G Standalone. This is significant as it will help AT&T to bring its 5G network to more consumers, businesses, and first responders across key industries. All things considered, could T stock be a viable investment at its current price?


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