AT&T Inc. has stated on Tuesday, April 9th that it will develop a 1 gigabyte network in Austin, Texas. The announcement from AT&T was quite significant but it did not turn out as a big surprise for many, because Google already took the lime light away from the telecommunication corporation by making the same announcement before the Dallas-based company. In addition to this, Google also made it known that its 1 gigabyte network will be made available to users by the mid of 2014. On the other hand, AT&T still has to announce the launch date of its super fast network in Austin.
Spokesperson of AT&T, Larry Solomon, has confirmed that the corporation will develop a fibre-to-the-home network to “homes and buildings” in the city. However, as far as the timing of its availability is concerned it depends on how quickly AT&T can finalise things with state and city officials. AT&T believes it will get the same privileges, which were given to Google to launch its 1 gigabyte network.
Here is the full press release of AT&T for your eyes:
“AT&T Inc. (NYSE:T) said today that it is pleased to see local communities and municipalities acknowledging the promise and power of economic development associated with telecommunications investment.
“Most encouraging is the recognition by government officials that policies which eliminate unnecessary regulation, lower costs and speed infrastructure deployment, can be a meaningful catalyst to additional investment in advanced networks which drives employment and economic growth,” said Randall Stephenson, AT&T chairman and CEO.
“Today, AT&T announced that in conjunction with its previously announced Project VIP expansion of broadband access, it is prepared to build an advanced fiber optic infrastructure in Austin, Texas, capable of delivering speeds up to 1 gigabit per second. AT&T’s expanded fiber plans in Austin anticipate it will be granted the same terms and conditions as Google on issues such as geographic scope of offerings, rights of way, permitting, state licenses and any investment incentives. This expanded investment is not expected to materially alter AT&T’s anticipated 2013 capital expenditures.
AT&T consistently invests in U.S. communities — $98 billion in capital in the past five years, more than any other public company — and remains committed to working with any metropolitan community to reach agreement on incentives to improve the climate and speed of overall telecommunications infrastructure investment – facilitating both wired and wireless broadband access. Our potential capital investment will depend on the extent we can reach satisfactory agreements.”
Source: 9to5Google, Gigaom, AT&T
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