AT&T Preps for Big Fiber Build

Getting into shape to wire millions of US homes and businesses for speeds of up to 1 Gbit/s over the next few years, AT&T has placed itself on a heavy fiber diet.

As it gears up to roll out its GigaPower service to at least another 35 metro areas, bringing the total to 56, AT&T Inc. (NYSE: T) is installing fiber-to-the-premises (FTTP) connections at an unprecedented pace. Working plans call for extending fiber and ultra-fast speeds to 14 million residential and business customers by the end of 2019, exceeding its commitment of 12.5 million customer locations under the conditions imposed by the Federal Communications Commission (FCC) when it approved AT&T's purchase of DirecTV last year.

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