AT&T broadcasts plans for 1Gbps fiber service in Austin, Texas; Google will get instant competitors
First thought: “Ha!” Second thought: “Oh, wait — competitors is a wonderful factor.” Whereas it is extremely possible that AT&T is trying to each overshadow Google’s launch celebration and keep a foothold in one in every of its most prized states, the outfit’s terse announcement of an impending 1Gbps fiber community ought to truthfully be seen as nothing however good news for residents of Austin. Merely hours after Google and the town of Austin collectively made clear that Google Fiber can be hitting up native houses in mid-2014, Ma Bell has made public its “intent” to constructed a 1 Gigabit fiber community in the identical space.
AT&T’s expanded fiber plans in Austin anticipate it is going to be granted the “similar phrases and circumstances as Google on points reminiscent of geographic scope of choices, rights of method, allowing, state licenses and any funding incentives.” In fact, it is critically unlikely AT&T will supply up primary fiber connections free of charge in the best way that Google’s doing, however on a macro degree, we definitely hope such a one-upping continues in additional cities throughout the nation. And, extra particularly, that AT&T continues to roll out fiber networks by itself accord in numerous locales; with FiOS enlargement indefinitely paused, we positive want somebody to step up and hold the dream alive.
AT&T Pronounces Intent to Construct 1 Gigabit Fiber Community in Austin
AUSTIN, Texas, April 9, 2013 /PRNewswire/ — AT&T Inc. (NYSE: T) stated at the moment that it’s happy to see native communities and municipalities acknowledging the promise and energy of financial improvement related to telecommunications funding.
“Most encouraging is the popularity by authorities officers that insurance policies which get rid of pointless regulation, decrease prices and velocity infrastructure deployment, is usually a significant catalyst to further funding in superior networks which drives employment and financial progress,” stated Randall Stephenson , AT&T chairman and CEO.
At present, AT&T introduced that together with its beforehand introduced Venture VIP enlargement of broadband entry, it’s ready to construct a complicated fiber optic infrastructure in Austin, Texas, able to delivering speeds as much as 1 gigabit per second. AT&T’s expanded fiber plans in Austin anticipate it is going to be granted the identical phrases and circumstances as Google on points comparable to geographic scope of choices, rights of method, allowing, state licenses and any funding incentives. This expanded funding just isn’t anticipated to materially alter AT&T’s anticipated 2013 capital expenditures.
AT&T persistently invests in U.S. communities — $ninety eight billion in capital prior to now 5 years, greater than some other public firm — and stays dedicated to working with any metropolitan group to succeed in settlement on incentives to enhance the local weather and velocity of general telecommunications infrastructure funding – facilitating each wired and wi-fi broadband entry. Our potential capital funding will depend upon the extent we will attain passable agreements.
Cautionary Language Regarding Ahead-Wanting Statements Info set forth on this press launch incorporates monetary estimates and different ahead-wanting statements which are topic to dangers and uncertainties, and precise outcomes may differ materially. A dialogue of things which will have an effect on future outcomes is contained in AT&T’s filings with the Securities and Trade Fee. AT&T disclaims any obligation to replace and revise statements contained on this information launch based mostly on new info or in any other case.