AT&T invests over $3B in fiber with Corning
AT&T announced the signing of an agreement valued at over $3 billion with Corning to purchase fiber optics and cables, aiming to expand its fiber network to meet the growing demand for data services. The company is targeting to reach 60 million locations over the next decade as part of its infrastructure expansion investment strategy, amid household data consumption rising to more than a terabyte per month. This comes with a total investment exceeding $250 billion over five years to enhance the U.S. telecommunications network.
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