MacNN | AT&T pledges $14 billion to build out networks over 3 years
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
AT&T pledges $14 billion to build out networks over 3 years
Wednesday, November 7, 2012 @ 11:59am

Despite an FCC-imposed $700,000 fine just yesterday, AT&T has just detailed plans to invest $14 billion over the next three years to build out its wireless 4G LTE and wireline broadband networks and bring them to more of the population. The carrier promises 250 million US residents will have access to its high-speed mobile broadband offering by the end of 2013, growing to 300 million by the end of 2014. The investment plan is being called Project Velocity IP (VIP), and also includes wireline investment.



The $14 billion will be split, with $8 billion earmarked for wireless expansion and the rest going to the wireline network. The goal for the wired IP broadband network is to offer it to 75 percent of customer locations in the US by the end of 2015. Fiber service is meant to be available to one million business locations while the combination of Internet, TV, and VoIP phone services AT&T calls U-verse is to increase by 8.5 million to 33 million locations, also by the end of 2015. U-verse speed upgrade is also planned to increase to 75Mbps. Project VIP also paves the way to expand current and future initiatives such as AT&T Digital Life, Mobile Premise Solutions (a wireline voice service alternative), Mobile Wallet (working with ISIS mobile wallet), and Connected Car solutions in partnership with auto manufacturers.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Most Recent Stories:

  • Weekly Game Replay: Valve's handling of Hatred, Telltale's Minecraft - 6:00 PM EST
  • Obama: Sony hack not act of war; Anonymous promises attacks on NK - 11:55 AM EST
  • Hands On: Lumy (iOS) - 9:46 AM EST
  • Friday Deals: Ultra HD monitor, Game and console bundles, more [U] - 9:15 PM EST
  • BlackBerry creeping closer to profit with $148 million quarterly loss - 3:20 PM EST
  • Briefly: Procreate Pocket illustration app; Switcheasy's new releases - 3:11 PM EST
  • Judge completely denies HP's Autonomy buy class action suit settlement - 2:45 PM EST

    Today's iPodNN Stories:
  • Halo studio giving ODST, free month of Live to compensate for issues - 10:00 AM EST
  • Briefly: Always-on voice search on Chrome OS, Amazon 4K video in UK - 9:22 PM EST
  • Google posts response to leaked Sony 'Project Goliath' emails - 4:41 AM EST
  • Plaintiffs in Google antitrust lawsuit required to submit more details - 11:13 PM EST
  • Interview fallout continues: actors complain, Team America taken down - 7:35 PM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.