AT&T to Spend $1B to Boost Network

AT&T plans to invest about $1 billion in 2010 to expand its network around the world, boost its services for global companies and expand its services to small businesses in the U.S.

Author:
Andrea Tse
Publish date:
Apr 6, 2010 7:54 AM EDT

NEW YORK (TheStreet) -- AT&T (T) - Get AT&T Inc. Report plans to invest about $1 billion in 2010 to expand its network around the world, boost its services for global companies and expand its services to small businesses in the U.S.

Including this year's planned investment, AT&T will have invested more than $4 billion since 2006 boosting its services to the more than 3.5 million business customers, the company said Tuesday in a press release.

AT&T said it currently capitalizing on the ongoing shift in network traffic from voice to data and video, and more importantly to IP-based data and video.

-- Reported by Andrea Tse in New York

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