http://www.blogcdn.com/www.engadget.com/media/2012/10/attnocjtforq3-1351079444.jpg AT&T has announced that it will be dropping a cool $14 billion over the next three years or so to beef up its wireless and wireline broadband network. It’s calling the plan Project Velocity IP (VIP), and will see the company boost its 4G LTE network to 300 million users by year-end 2014 and expand its wired IP broadband base to 75 percent of customer locations by the end of 2015. In addition, the operator intends to have fiber deployed to a million business locations, and predicts that 99 percent of customers will get broadband services either through terrestrial IP or 4G LTE. All told, it’s putting $8 billion toward wireless projects with $6 billion going into wired broadband services. It’s good to see that the telecom giant isn’t hoarding all those profits.
Filed under: Wireless, Internet, AT&T
AT&T to spend $14 billion over the next three years on broadband, wireless infrastructure originally appeared on Engadget on Wed, 07 Nov 2012 09:25:00 EDT. Please see our terms for use of feeds.
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