AT&T’s FirstNet build 75% complete; CFO says ‘money well spent’

As AT&T this week announced momentum for its FirstNet dedicated public safety platform, passing the 1 million connections mark, the carrier’s finance chief touted multiple benefits of the network build.

AT&T CFO John Stephens, speaking Tuesday at the Wells Fargo 2019 TMT investor conference, called the FirstNet buildout “really, really successful” and 75% complete, well ahead of schedule.

AT&T was targeting 70% completion by the end of the year, but at this point Stephens estimated the team is about six to nine months past the goal marker.