AT&T eyes nearly $48 bln network investment in post-media company

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

AT&T Inc expects to invest about $48 billion through the end of 2023 to expand its fiber internet and 5G wireless services, the U.S. wireless carrier said on Friday, as it detailed the vision for the business after unwinding its media assets.

"Now that the close of the WarnerMedia deal is approaching, we are near the starting line of a new era for AT&T," said AT&T Chief Executive John Stankey, in a press release ahead of a presentation to analysts on Friday.Shares of AT&T rose over 3% to $24.09 in pre-market trading.

The company is working to double its fiber internet availability to 30 million homes in the United States and expand its 5G network to cover over 200 million people. The company said it expects low single-digit percentage growth for total revenue in 2022, unchanged from its previous outlook.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 2. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Discovery Stockholders Approve $43 Billion WarnerMedia MergerDiscovery investors voted in approval of the company’s $43 billion acquisition of WarnerMedia from AT&T during a special meeting of stockholders Friday, marking the final formal step befo… RestoreTheSnyderVerse Let’s goooooooo! RestoreTheSnyderVerse Please design a new logo. warnerbros Discovery
La source: Variety - 🏆 108. / 63 Lire la suite »

Guest Post by Ferrum Network: Ferrum Network to Integrate zkSync Following Ferrum Ventures Series B Investment in Matter Labs | CoinMarketCapCoinMarketCap's Pick – Article of the Day Ferrum Network to Integrate zkSync Following Ferrum Ventures Series B Investment in Matter Labs FerrumNetwork $FRM FRM FerrumNetwork zkSync MatterLabs CoinMarketCap CrypTown FerrumNetwork 🚨 $ELOC 🚨 ✅ Doxx and KYC dev ✅ Safe contract ✅ CMC COMING UTILITIES: ☄️ELOF - Send money through ELOF Paypal of crypto! ☄️P2E GAMES - Download the game in Play Store, enjoy and win competitions! ☄️Staking - Coming! 1000xgem ELOC BSCGem FerrumNetwork PLZ Verify FLOKI FerrumNetwork Triveum Chain 🔥 Fast, secure and scalable blockchain ecosytem with low fees. ✅Safu dev ✅Low Mcap 📢Usecase : 🪄Blockchain 🪄Dapp Staking 🪄Wallet TG: TRIVEUM CHAIN OFFICIAL
La source: CoinMarketCap - 🏆 290. / 63 Lire la suite »