AT&T today announced plans to invest $14 billion over the next three years nationwide and Arkansas leaders say the state will benefit.
AT&T’s announcement comes as hyper-growth in wireless and mobile devices has placed stress on telecommunications companies’ infrastructure. The Dallas-based communications giant said the investment will “significantly expand and enhance its wireless and wireline IP broadband networks to support growing customer demand for high-speed Internet access and new mobile, app and cloud services,” the company said.
The company did not disclose state-by-state investment under the new program, but AT&T typically announces its annual capital expenditures around year’s end.
“Today’s announcement of an additional $14 billion investment in our nation’s IP infrastructure spells economic opportunity for Arkansas,” said Eddie Drilling, President AT&T Arkansas. “I look forward to working with our state and local leaders to bring the cutting edge technology infrastructure to more of Arkansas to enable economic development, create jobs and spur innovation.”
Talk Business Staff
Latest posts by Talk Business Staff (see all)
- Talk Business & Politics Podcast 5.25.15 - May 25, 2015
- Cong. Rick Crawford: Work Continues On Federal Highway Program Options - May 25, 2015
- Money Talk: Farming Income, Household Spending Declining In Arkansas - May 25, 2015