AT&T's $14 Billion Investment to Include U-Verse and Fiber to MTU Expansions

  • AT&T
  • U-verse
NEW YORK - AT&T announced plans to invest $14 billion over the next three years to significantly expand and enhance its wireless and wireline IP broadband networks, including U-verse and Fiber to Multi-Tenant Business Buildings, to support growing customer demand for high-speed Internet access and new mobile, app and cloud services. The investment plan – Project Velocity IP (VIP) – expands AT&T’s high-potential growth platforms, helping drive continued increases in revenues from existing and new products and services, and earnings per share.

“This is a major commitment to invest in 21st Century communications infrastructure for the United States and bring high-speed Internet connectivity — 4G LTE mobile and wireline IP broadband — to millions more Americans,” said Randall Stephenson, AT&T chairman and chief executive officer. “We have the opportunity to improve AT&T’s revenue growth and cost structure for years to come, and create substantial value for shareowners.

AT&T’s Project VIP consists of several individual wireless and wireline initiatives, including plans to expand and enhance its wireline IP network to 57 million customer locations (consumer and small business) or 75 percent of all customer locations in its wireline service area by year-end 2015.

U-Verse Expansion

U-Verse (TV, Internet, Voice over IP) is scheduled to expand by about 8.5 million additional customer locations, for a total potential U-verse market of 33 million customer locations. The expansion is expected to be essentially complete by year-end 2015.

The company also plans to offer U-verse IPDSLAM service (high-speed IP Internet access and VoIP) to 24 million customer locations in its wireline service area by year-end 2013.

The Project VIP plan calls for U-verse speeds upgrades of up to 75Mbps and for U-verse IPDSLAM to speeds of up to 45Mbps, with a path to deliver even higher speeds in the future.

In the 25 percent of AT&T’s wireline customer locations where it’s currently not economically feasible to build a competitive IP wireline network, the company said it will utilize its expanding 4G LTE wireless network -- as it becomes available -- to offer voice and high-speed IP Internet services. The company’s 4G LTE network will cover 99 percent of all in-region customer locations. AT&T’s 4G LTE network offers speeds competitive with, if not higher than, what is available on wired broadband networks today. And in many places, AT&T’s 4G LTE service will be the first high speed IP broadband service available to many customers.

Fiber to Multi-Tenant Business Buildings

AT&T plans to proactively expand its fiber network to reach an additional one million business customer locations – 50 percent of the multi-tenant business buildings in its wireline service area. AT&T expects the proactive fiber deployment to increase business revenue growth, accelerate provisioning and facilitate the installation of distributed antennas systems and small cell technology to help offload wireless network traffic.

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