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Print 17 comment(s) - last by sorry dog.. on Nov 9 at 7:27 PM

AT&T looks to cover 300 million Americans with LTE, 1 million new business users with wired offerings

In its arms race with the nation's top carrier, wireless giant Verizon Communications, second-place AT&T Inc. (T) is digging deep into its pockets, looking to pour $8B USD into infrastructure upgrades.

AT&T currently beats Verizon in speed tests in select markets and offers better fallback 3G speeds than Verizon, thanks to its HSPA+ network.  However, it trails Verizon in coverage.  

But big things are ahead, promises AT&T, saying it will cover 300 million Americans with LTE by the end of 2014 -- about twice its current coverage.

AT&T Chairman and CEO Randall Stephenson cheers, "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."

AT&T glass
[Image Source: Reuters/Shannon Stapleton]

Also announced was a planned $6B USD investment over the next three years to beef up AT&T's wired internet, phone, and television offerings.  The investment will allow AT&T to expand its wired internet offerings to an estimated 1 million new business customers, as well as many consumer users.

AT&T has been moving aggressively to expand the reach of its Uverse service, which competes with the likes Comcast Corp. (CMCSA).  AT&T feels that it has a key advantage that cable-only providers don't, in that it can offer customers an additional bundled discount for being phone subscribers.

AT&T also announced that it was bumping its shareholder dividend.  That decision was made, says Mr. Stephenson due to AT&T's expectation that despite the large capital expenditures, it anticipates continuing to turn tidy profits over the next few years.

Source: AT&T



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RE: Still don't get it...
By hughlle on 11/7/2012 7:06:59 PM , Rating: 2
Fully agree. I was looking at getting the S3 LTE and the largest data package i could find was 2gb. Seemed like a waste of money and time. Given that it is being promoted for watching HD video's and such, i'd end up reaching my limit watching video's within a few hours, and that's it for the month. But it's ok, you can purchase additional data at extortionate rates. I'll just stick to a small data package on 3G which is perfectly fine for every day needs, such as maps or emails or whatnot, and if i want to watch some HD content or such, i shall just copy the hard files from my computer to my phone. I've rarely had a moment when i think hey, i fancy watching a long video or such. Generally i know in advance if i am going to have time for such persuits, and plan accordingly. Same reason i have no reason for music streaming programs and such on my phone.


RE: Still don't get it...
By Falacer on 11/7/2012 7:35:59 PM , Rating: 1
Wifi data wont count against your cap on most plans. And there is Wifi everywhere!


RE: Still don't get it...
By ritualm on 11/7/2012 8:27:38 PM , Rating: 3
Call me when you can get WiFi coverage with the smartphone by itself (no hotspots, data modems, whatever) at the northern slope of Mt. St. Helens.

"WiFi is everywhere"... fail.


RE: Still don't get it...
By conejo99 on 11/8/2012 8:08:06 AM , Rating: 2
On the other hand, call me when you are on the northern slope of Mt. St. Helens.


RE: Still don't get it...
By Nfarce on 11/8/2012 8:21:46 PM , Rating: 2
I highly doubt he was referring to being on top of a friggin' mountain there, ace. He's right for the most part: in just about every decently populated corner of America, there is free WiFi. That's where the majority of Americans live and dwell. Now if you are one of the extreme minority that happens to be on top of remote mountain or hiking in Nevada or exploring the Appalacians in West Virginia at any given time, then yeah, you might want to look into getting a tethering plan.


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