Verizon, the first company to introduce 4G LTE, or fourth-generation long-term evolution, wireless network technology about six years ago, announced last week that it aims to launch field technology trials for fifth-generation, or 5G, wireless technology next year.
However, AT&T, an American multinational telecommunications corporation, is not impressed with 5G wireless technology, CNET reports.
"We're not at a point to be making promises or commitments to customers as to what 5G is," Glenn Lurie, chief executive of AT&T Mobility, said in an interview at the CTIA Wireless industry trade show last week. "We as an industry have been really good at overpromising and underdelivering when it comes to new technology."
Leading wireless network service providers are at war over the perception of wireless network superiority, which is crucial for maintaining customer loyalty and even gaining subscribers from rivals. While Verizon seeks to push the technology for faster wireless technology and better coverage, AT&T believes that it's too early to talk publicly about the technology.
According to AT&T, the technology behind 5G is still in its nascent stage and that no one can agree on what ultimately it will look like. It is too early to talk about the potential advantages of a technology that lacks defined industry standards to which everyone can adhere.
"Let's make sure that before we start hyping what it's going to be, that those standards are agreed to," Lurie said.
However, history seems to be repeating itself as AT&T downplayed the immediate benefits of 4G when Verizon started testing 4G LTE (Long-Term Evolution) before AT&T in 2008. Verizon defended its announcement and in response to AT&T comments, a Verizon spokesman told CNET:
"Innovation happens when you're willing to look at things a little differently than others, and you're willing to put in the hard work to make your vision a reality”.


Chinese AI Stocks Rally After OpenAI Launches GPT-6 Astra
MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment
OpenAI Rejects Apple Trade Secret Theft Claims
South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips
Anthropic IPO Marketing Expected to Start in Mid-October
OpenAI Launches GPT-6 Astra With Advanced AI Agent Capabilities
Deutsche Telekom Shares Rise as Elliott Pushes Against T-Mobile Merger
Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns
PayPal Shares Sink as $50 Billion Takeover Bid Collapses
South Korea, US Discuss Chip Investments Amid Tariff Plans
US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks
Texas Republicans Turn Against AI Data Centers as Election Backlash Grows
Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates
Japan, US Target AI and Chips in $550 Billion Investment Push
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns
SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says 



