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AT&T, the top U.S. telephone company, said it will invest $14 billion over three years to improve the networks that deliver wireless communications, high- speed Internet access and TV services.
AT&T, the top U.S. telephone company, said it will invest $14 billion over three years to improve the networks that deliver wireless communications, high- speed Internet access and TV services.
According Roger Entner, who is an analyst at Recon Analytics in
Deham, Mass said “today's world, if you don't have broadband, both wireless and
wireline, the competition will tear you to pieces”. Nowadays a company that
stops investing in the network is a company that starts dying. This is clearly
designed to compete toe-to-toe with Verizon and the cable companies.
AT&T said its fourth-generation wireless network, which uses
long-term evolution technology, will cover 300 million people by the end of
2014
Total capital spending will be about $22 billion for each of the
next three years, AT&T said. That topped the estimate of as much as $20
billion by John Hodulik, an analyst at UBS in New York.
NANG KHAM AUNG 552 9517
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