AT&T Plans to Invest $1 Billion in Global Network and Services

AT&T has announced that it plans to invest $1 billion in 2008 to continue the expansion of its network and portfolio of solutions for multinational companies with operations and applications in key markets worldwide. These investments complement AT&T’s position in the mobility space.

The 2008 program, which is 33% more than last year’s enterprise investment and more than double AT&T’s investment in 2006. This investment is being driven by demand for IP networks and services as companies deal with surge in data, voice and video traffic made possible by the proliferation of high speed networks and devices worldwide.

Responding to this demand, AT&T is accelerating its efforts to extend its global network reach and capacity; globalize its portfolio of business services and embed the latest utility computing and other technologies in the network so that companies can deliver real-time applications to their customers, suppliers and partners.

Ron Spears, group president of AT&T Global Business Services, said: “Companies worldwide are responding to the exploding need to deliver voice, data and video in real time to their end-users, no matter where they are, no matter what the device. It is vital that we continue to invest in those geographies and services to meet this demand so our customers can connect their operations, partners and suppliers.”