Cable / Telecom News

AT & T pumping $1b into global network

SAN ANTONIO - AT&T Inc. announced plans Wednesday to invest $1 billion in 2008 to continue the expansion of AT&T’s network and services for multinational companies with operations and applications in markets worldwide. The 2008 program, 33 per cent greater than last year’s investment and more than double AT&T’s investment in 2006, is being driven by demand for Internet Protocol (IP) networks and services, as companies deal with the explosive surge in data, voice and video traffic made possible by the proliferation of high speed networks and devices worldwide, the company said in a statement. In response, AT&T is accelerating...