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.”