Is AT&T Inc. (NYSE:T) The Real Deal On Download Speeds Compared To Verizon Communications Inc. (NYSE:VZ)?

Verizon Communications Inc. (NYSE:VZ) was once the king of LTE, but is slowly losing its mark to its fierce rival AT&T as the king of cellular speeds despite being the first to deploy the fast LTE networks. AT&T Inc. (NYSE:T) has slowly been advancing its coverage map, closing in on Verizon while still maintaining fast internet speeds according to a new study carried by Walt Mossberg.

Are analyst calling T a long-term hold?

Broadband speeds matter a lot especially on mobile devices, which are becoming common for watching videos on YouTube or streaming content from Netflix and AT&T seems to be calling the shots in terms of reliability and efficiency on this front.

Tests carried out focusing primarily on downstream speeds over LTE offered in five cities over a 12 day period found out that AT&T Inc. (NYSE:T) held an upper hand by a strong average of 22% compared to Verizon. The unscientific cellular data speed test were carried out using iPhone 6 and the popular Ookla Speed Test app. AT&T could be seen averaging download speeds of 15.89 megabits per second with Verizon Communications Inc. (NYSE:VZ) lagging from behind with an average of 12.99 megabits per second in the five cities visited.

AT&T download speeds could be seen toppling Verizon in four of the five cities such as Boston suburb of Medford and three places in California with Verizon Communications Inc. (NYSE:VZ) taking the upper hand in and around Washington D.C alone.

Verizon users would not have to worry on upload speeds as the network seems to hold the upper hand with an average of 7.8 megabits per second against AT&T Inc. (NYSE:T)’s 5.9 Mbps. Upload speeds are becoming increasingly important as they allow people to post videos and photos from their phones

AT&T download speed remained consistent in most of the visited cities averaging downstream speeds of 10 Mbps in downtown San Francisco and a high of 29Mbps in Boston suburbs. In contrast, Verizon Communications Inc. (NYSE:VZ) maximum speed topped 20 Mbps near Boston while averaging pathetic low of 1-Mbps at a Virgin America gate

Verizon Communications Inc. (NYSE:VZ)’s overall average speeds were, however, better than the modest speeds promised since rolling out LTE network in 2010. Both network’s average download speeds are still well above the recommended download speeds on YouTube and Netflix, Inc. (NASDAQ:NFLX) despite AT&T Inc. (NYSE:T) holding the upper hand in most of the cities.

About the Author

Terrel is US Markets Daily's business news reporter. She joined US Markets Daily after five years as a print reporter.

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