AT&T Invests $14 Billion to Expand Broadband Networks

Evolving consumer behavior is demanding more investments in today’s communications infrastructure and technology innovation. The reason is simple. For continued broadband access, consumers need expansion of the current broadband network structure.

Hence, to improve and enhance its wired and wireless Internet Protocol (IP) broadband networks, AT&T has announced plans to invest an additional $14 billion.

For California, this comes at a time when the State needs investments for economic recovery.  According to CALinnovates, a San Francisco, Calif.-based high-tech advocacy group, for Californians looking for expanded access to the benefits of the Internet, this development signals great optimism for the future of communications.

As per the three-year investment plan, 300 million people will be covered by AT&T 4G LTE by the end of 2014, and millions more will have access to next-generation wireline IP broadband networks. CALinnovates executive director Mike Montgomery stated, "Connecting virtually everyone in the U.S. with high-speed Internet is a long stride in the right direction toward meeting the goal of President Obama's National Broadband Plan. And we know that high-speed Internet connections, both wired and wireless, create the kind of jobs we urgently need right now."

Furthermore, Montgomery added, "It takes this kind of multibillion dollar private sector investment to give people the high-speed connections they want and need."

A new CALinnovates infographic on its website documents how consumers are driving the market that is revolutionizing communications and creating skyrocketing demand for new technology that can handle more data than ever before. It suggests that to keep the U.S. and Silicon Valley ahead of the innovation curve, the Country must continue to invest in technology and keep building communications infrastructure of the future.