An AT&T executive said that the carrier’s FirstNet business posted 60% growth year over year in 2021 and is now worth $1.7 billion.
“AT&T is now the market leader in law enforcement community. We made a commitment to drive asymmetrical share gain,” said AT&T Senior Executive Vice President Rahesh Patel during AT&T’s March 11 investor day. “We've delivered a strong growth, and we are positioned for continued performance, and we're making good on our mission to modernize public safety through the FirstNet platform.”
Patel noted that the FirstNet network now has nearly 3 million connections across 20,000 agencies, and the network now covers more than 2.9 million square feet.
“In 2021, AT&T won 53% of postpaid phone flow share, the highest value business mobility service,” Patel said. “This was driven by momentum in small business, and by the undisputed success of FirstNet. In fact, over the last 18 months, our small business wireless market share has improved from mid-30s to 40%. As we expand fiber footprint and distribution for mid-market businesses, we see a similar opportunity to expand share, which is currently in the low 20s today.”
Patel noted that the carrier has also seen large growth in the internet of things (IoT) market. That particular business is worth $1.3 billion now and grew 18% year over year, he said.
Would you like to comment on this story? Find our comments system below.