Telecom giant AT&T Inc. (T) has been accused by its rivals for misleading consumers regarding its 5G network.
The accusations come as AT&T is reportedly updating phones with its 5G Evolution technology and replacing the LTE icon on devices with an icon that reads 5G E. Rivals are accusing AT&T of misleading consumers by not actually upgrading them to a 5G service, as it is really based on 4G LTE technology.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.