Bank of America Corp
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Financials : Banks | Large Cap Value
Company profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Closing Price
$26.11
Day's Change
0.64 (2.51%)
Bid
--
Ask
--
B/A Size
--
Day's High
26.19
Day's Low
25.26
Volume
(Above Average)
Volume:
63,354,498

10-day average volume:
56,075,071
63,354,498

AT&T Prepares Businesses for the Next Stage of Working from Home with New Connectivity Solution

9:34 am ET May 28, 2020 (PR Newswire) Print

Businesses' speed and productivity can thrive even while employees work from home. As work and home life continue to integrate across the U.S., the need for reliable, fast internet at home has become essential to modern life and business. That's why AT&T* Business is introducing Home Office Connectivity - the first solution designed to provide business-paid internet access where workers increasingly need it--at home.

With Home Office Connectivity, businesses can now equip their workers with AT&T High Speed Internet for Enterprise at their homes using wireline or wireless broadband connectivity within AT&T's nationwide footprint. That means it's now possible for workers to maintain the high reliability, great speed and high security of an enterprise broadband connection while working at home. With this service, employees can use tools only available to AT&T's business customers from their home, like AT&T Internet Backup for failover, Global Security Gateway for additional security, and Static IP addressing. These services are completely separate from any consumer internet connection they may have at home.

In its 2020 State of Remote Work report, Buffer Inc. surveyed 3500 remote workers, 98% of whom stated they would like to work remotely, at least some of the time, for the rest of their careers. 1

"Attitudes about working from home are changing, but the cultural shift is only part of the equation. Businesses need tools to succeed in the new environment," says Mo Katibeh, CMO and EVP, AT&T Business. "This new solution gives our customers and their employees an entirely new way of thinking about working from home. By expanding access to enterprise-grade connectivity to residential locations, we can essentially put the office anywhere."

In the last several months, American families have experimented with how to live and work together from home. Under the same roof, kids are using distance learning tools, parents are trying to drive their businesses forward, and someone is probably binge watching their favorite shows - often at the same time on a single consumer broadband connection.

AT&T High Speed Internet for Enterprise provides an independent connection dedicated to enterprise applications, while keeping the home internet free for streaming, browsing, gaming or any other use. Businesses can supply this separate business internet service as a perk to employees who are remotely working.

High bandwidth connections are also ideal for professionals across almost every industry - professors who may be instructing from home, media-intensive applications like professional video production, or for sales executives who need to take a critical client meeting without worrying about congestion.

"The COVID-19 pandemic that has forced governments across the globe to order citizens to stay at home and follow physical isolation has further highlighted the benefits of remote working, said Roopa Honnachari, Industry Director at Frost & Sullivan. "However, as remote workers compete for bandwidth with kids attending virtual classrooms and others at home trying to stream entertainment videos, optimizing and prioritizing business applications on home networks has become critical during the current crisis."1

The service enables businesses of any size to extend enterprise broadband connectivity throughout their workforce, whether it is for a single additional line or thousands. It also simplifies onboarding and management with consolidated invoicing directed to the business, single-number enterprise customer care, and professional on-site installation by a certified AT&T technician.

The Home Office Connectivity solution is available today. For more information, click here.

*About AT&T Communications

We help family, friends and neighbors connect in meaningful ways every day. From the first phone call 140+ years ago to mobile video streaming, we innovate to improve lives. We have the nation's fastest wireless network.** And according to America's biggest test, we have the nation's best wireless network.*** We're building FirstNet just for first responders and creating next-generation mobile 5G. With a range of TV and video products, we deliver entertainment people love to talk about. Our smart, highly secure solutions serve nearly 3 million global businesses - nearly all of the Fortune 1000. And worldwide, our spirit of service drives employees to give back to their communities.

AT&T Communications is part of AT&T Inc. (NYSE:T). Learn more at att.com/CommunicationsNews.

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information about AT&T products and services is available at about.att.com. Follow our news on Twitter at @ATT, on Facebook at facebook.com/att and on YouTube at youtube.com/att.

(C) 2020 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

**Based on analysis by Ookla(R) of Speedtest Intelligence(R) data median download speeds for Q1 2020. Ookla trademarks used under license and reprinted with permission.

***GWS OneScore, September 2019.

1 COVID-19 Highlights the Business Case for Extending SD-WAN to Remote Workers, Roopa Honnachari, Frost & Sullivan, 09-Apr-2020

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SOURCE AT&T Communications

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