AT&T has committed to a $38 billion investment over the next five years to expand its fiber network, targeting 60 million households by 2030, amidst fierce competition from players like Starlink. In a strategic collaboration, AT&T has also partnered with T-Mobile and Verizon to launch a joint venture that utilizes satellite-based direct-to-device technology aimed at reducing wireless dead zones across the U.S. However, internal challenges persist, including struggles to hire skilled workers, as the company scales back on wireless service development.
“$T, $TMUS, and $VZ · inked · an agreement in principle for a major joint venture · using satellite-based direct-to-device tech”
“AT&T Inc. · has stock price · 24.43 · +1.66%”
“AT&T · scale back · fiber rollout · for fast internet”
“AT&T · is investing · more money · into fiber than anything else”
“AT&T · is still having to invest · a lot of resources · in fiber deployment”
“in converged markets · AT&T will invest · accordingly or more · than in markets without fiber”
“AT&T · is taking · a good enough approach · to their wireless network”
“AT&T · is investing · the bare minimum · needed to make the network good enough”
“AT&T · added · a few sites · to their network”
“AT&T · is · less dense · compared to Verizon and T-Mobile”
“AT&T · will get · more 3.45 · spectrum”
“AT&T · decided · the macro build is done · in many markets”
