Microsoft Looks To Use 5G Wireless To Make Cloud Faster - Microsoft (NASDAQ:MSFT)

Microsoft Corp MSFT looks to use the 5G equipment of partners like AT&T Inc T to provide some processing power located even closer to some customers than regional datacenters, Bloomberg reports.
AT&T aims to bring private 5G wireless networks to businesses, universities, and the public sector, using Microsoft technology.
Microsoft partner Lockheed Martin Corp LMT collaborated with Microsoft on highly secure 5G products for the military.
Microsoft, which will use satellite networks for some services, is also partnering with companies like Swisscom AG, Telefonica SA, Intelsat SA and Northrop Grumman Corp.
Microsoft has already built a massive network of over 60 data center regions around the globe.
Microsoft wants to use its next-generation 5G network equipment as part of its Azure cloud, speeding delivery of services to nearby customers.
Microsoft updated its Azure for Operators products and strategy Monday at Mobile World Congress in Barcelona.
Price Action: MSFT shares traded lower by 0.71% at $295.20 in the market on the last check Monday.