[#] AT&T Announces $1 Billion Fiber Deal With Corning
robot(spnet, 1) — All
2024-10-29 03:23:02


AT&T has signed a $1 billion multi-year deal with Corning to acquire fiber and connectivity solutions. Reuters reports: With the U.S. wireless market facing a slowdown, telecom companies such as AT&T and rival Verizon have doubled down on their high-speed internet businesses, an area that has long been dominated by broadband companies such as Comcast. Demand has also been growing for AT&T's plans that allow customers to combine its high-speed fiber data with its wireless phone service for a discount. In the third quarter, AT&T reported 28.3 million fiber passings, or the number of potential customer locations a fiber network passes by. It remains on track to pass more than 30 million fiber passings by the end of 2025.

[ Read more of this story ]( https://slashdot.org/story/24/10/28/2057252/att-announces-1-billion-fiber-deal-with-corning?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.