TMCnet News
AT&T plans USD400m investment in Alabama(Telecomworldwire Via Acquire Media NewsEdge) AT&T Inc (NYSE:T), a US telecomms operator, has announced plans to invest approximately USD400m in its infrastructure and services in the US State of Alabama over the next several years. The investment is as a result of decisions made or in the process of being considered my a number of local authorities in the state to allow AT&T to install its direct-to-the-home fibre optic cables to provide residents with access to AT&T's U-verse services. The U-verse services include IP-based TV, telephony and broadband internet access. Around 34 communities in the state including Birmingham City Council have approved he agreement already and AT&T is expecting to conclude similar agreements with other cities and councils in the state. The company said that the agreements are critical to its plans to complete the investment programme. ((Comments on this story may be sent to [email protected])) Copyright ? 2008 M2 Communications Ltd. |