Post by
ARIMA11 on Oct 19, 2022 5:30pm
Interesting
https://www.bloomberg.com/news/articles/2022-10-19/at-t-is-said-to-be-in-talks-with-investors-on-fiber-build-out?
The largest US telecommunications company by revenue has already started to take on fiber projects in new states such as Arizona and plans to expand to more in an effort to boost subscriber growth. Chief Executive Officer John Stankey has been traveling to cities such as Mesa, Arizona, and Evansville, Indiana, to kick off projects, including public-private partnerships that can serve as a model to tap into the nearly $100 billion in federal broadband funding available.
Stankey is bullish on fiber as a path to long-term growth for AT&T since it provides the some of the largest capacity and highest potential speed of any broadband connection. That gives fiber-optic lines a longer-term viability than copper wire or wireless connections. But the wiring cost are high and require a huge investment in labor and equipment.