AT&T Looks to Expand 5G Reach, Though Concerns Remain
*By Conor White*
The race to build vast 5G networks may bring the promise of faster internet speeds and greater connectivity, but it's also sparked some controversy.
One source of complaint: those who shout "NIMBY", or Not in My Backyardーresidents who fear that their towns and lives will be disrupted as such vast infrastructures get built.
Melissa Arnoldi, president of technology and operations for AT&T, told Cheddar that those concerns can be assuaged. She pointed to an upcoming project in San Jose, Calif.ーwhere the company partnered with the city to ensure a smooth, safe transitionーas an example.
"We \[said\], 'Look, we will make sure that the equipment we deploy meets their standards, we will make sure it's not obtrusive to the consumers, and that it's deployed in a very safe way.'"
The San Jose agreement follows similar protests in the state. Residents of Piedmont, Calif., have been [fighting against] (https://sanfrancisco.cbslocal.com/2018/01/25/consumerwatch-5g-cellphone-towers-signal-renewed-concerns-over-impacts-on-health/) new cell towers for months, citing health concerns.
But locals aren't the only ones raising issue. Recent reports suggest that 5G could create a Wi-Fi gap, favoring those in urban cities over people who live in rural areas. [According to the FCC](https://www.axios.com/5g-digital-divide-19b70d34-4978-44df-a1cb-ae9222d113ef.html), 31 percent of rural Americans still don't have fixed broadband service, compared to just 2 percent of city residents, and some fear that divide could get worse with new technology.
But AT&T said in a [press release](http://about.att.com/story/5g_to_launch_in_more_us_cities_in_2018.html) last week that a greater 5G presence will actually bridge that disparity. Expanding to cities like Charlotte and Raleigh, NC, and Oklahoma City by the end of 2018 is one way the company hopes to do that.
The wireless giant's push for 5G only intensified after AT&T's acquisition of Time Warner, now known as WarnerMedia, in June.
"One of the key case uses for 5G will be 4K and 8K," explained Arnoldi. "So when you think about transmitting, for example, we did a trial with the U.S. Open on 4K, where we could actually help them broadcast signalsーlive broadcastsーwithout any wires."
John Stankey, CEO of WarnerMedia, has already promised the company will be aggressive in delivering new content to consumers, a necessary move in light of reports that rival Verizon is negotiating with Apple and Google to stream live TV. Verizon is also plotting its own 5G expansion around the country, signifying the rising tide of competition.
Arnoldi said she's optimisticーand excitedーabout the company's future.
"I think if you look at the content we have access to from a WarnerMedia perspective and the technology that AT&T Communications has, I think we're going to have a lot of exciting use cases in the future."
For full interview, [click here] (https://cms.cheddar.com/videos/VmlkZW8tMjEwOTg=).
AT&T announced earlier today it is spinning off its media properties in WarnerMedia in a merger with Discovery in a $43 billion deal.Scott Rostan, founder and CEO at Training The Street, joined Cheddar to talk about what the unwinding of the telecom giant's Time Warner media properties means for investors. "I think the investor sentiment is they're digesting the new information, and they're looking into the dividend, especially the reduction of the dividend," said Rostan, noting the transaction allows AT&T to focus on its core telecommunications business.
A 2021 report from UK Research and Innovation found that the shipping industry makes up at least 2.5 percent of the world's total CO2 emissions. It's a problem that energy solutions company, Leclanché, is trying to solve. Founded in 1909, the company has been developing and producing batteries for more than 100 years. Today, Leclanché's lithium-ion battery is used to electrify not just ships, but also railroad locomotives, trucks, and specialty vehicles. Cheddar News spoke with Pierre Blanc, chief technology and industrial officer of Leclanché, to discuss.
Amazon is betting that ammonia could be the fuel of the future, participating in a Series A round for the Brooklyn-based company Amogy in December. Amogy aims to de-carbonize transportation with a clean energy system that uses ammonia as a renewable fuel. Amogy is partnering with Amazon on its first commercial product - an ammonia-powered cargo-shipping vessel. Amogy CEO Seonghoon Woo joins Cheddar Climate to discuss.
Joseph Pallant, Founder and Executive Director for the Blockchain for Climate Foundation, joins Cheddar Climate, where he discusses the among of energy crypto mining consumes and explains how his organization is on a mission to make the crypto industry more environmentally sustainable.
One of the world's largest transport companies is kicking off Black History Month with a new initiative aimed at the next generation of business leaders. Today, FedEx announced the launch of its Student Ambassador Program. Participants selected from eight historically black colleges and universities will receive career guidance from FedEx executives. The program is part of FedEx's ongoing commitment to HBCUs and will also help the company expand its pipeline for diverse talent. Cheddar News welcomes senior vice president at FedEx, Jenny Robertson, and Jerryl Briggs, President of Mississippi Valley State University, to discuss.
Driver assistance monitoring systems are meant to keep the driver's eyes on the road, but according to a report from AAA, different ways of monitoring provide significantly different results. The study found that direct camera-based systems that scanned the driver's eye movements were faster and more reliable than those indirect systems that looked at steering-wheel input. Megan McKernan, the manager of automotive services for the Automobile Club of Southern California, joined Cheddar to discuss the findings. "Triple-A is recommending that automakers include both direct and indirect systems just to really prevent consumers from trying to misuse these systems," she said, noting that neither system on its own is not foolproof.
Pinterest recently added augmented reality to its portfolio. The image sharing and social media platform's new e-commerce tech will allow consumers to interact with retailers and visualize online products inside their homes.
Wave Neuroscience is a neurological health tech company that specializes in clinical and at-home personalized brain stimulation technology. Erik Won, president and chief medical officer and Fred Walke, CEO, joined Cheddar's Opening Bell to discuss their company's hopes for allowing patients to identify and treat unique brain disorders while empowering them to understand their unique neurological makeups — including for the high-stress positions of professional athletes. "We have a mobile device that provides a very light stimulation that gives them a therapy that gives them confidence so there's a just knowing that they're doing something for it," said Walke. "But it also helps them get back into a rhythm. It helps their brain synchronize around certain frequencies that that we target, and it helps them really understand that they've done everything they can to get to their highest level of success."
Logitech posted better-than-expected earnings in its third quarter, reporting sales of $1.63 billion dollars, down 2% from the year ago quarter, but well ahead of the Wall Street consensus of $1.48 billion dollars. The PC and gaming peripherals company also raised its annual guidance for both sales and profitability. Bracken Darrell, Logitech CEO, joined Cheddar to break down his reaction to the results, how the pandemic played a role in its growth, and where he wants to take the company next.