AT&T has made nearly USD750m investment in Connecticut from 2010 to 2012
Feb 28, 2013 (M2 EQUITYBITES via COMTEX) --
US communications holding company AT&T (NYSE:T) on Wednesday announced an investment of nearly USD750m in its Connecticut wireless and wireline networks from 2010 through to 2012.
This investment by AT&T was reportedly focused on expanding 4G LTE mobile Internet coverage and enhancing the overall performance of its networks.
Under this investment, AT&T has made over 650 wireless network upgrades in six key categories in Connecticut during 2012, including activating new cell sites, adding capacity, upgrading cell sites to provide fast 4G LTE mobile Internet speeds, deploying high-capacity Ethernet connections to cell sites and adding or upgrading Distributed Antenna Systems. These Distributed Antenna Systems boost wireless coverage and capacity in buildings and at major venues like convention halls or sports arenas.
AT&T had launched its 4G LTE in the Bridgeport area in September 2012 and in the Hartford and New Haven areas in December 2012.
Also, under its planned investment to expand the reach of wireless and wired broadband, AT&T recently launched Project Velocity IP (VIP), a three-year investment initiative to expand and enhance its wireless and wired IP broadband networks.
As a part of Project VIP, AT&T plans to increase the density of its wireless network by deploying over 10,000 macro sites, over 1,000 distributed antenna systems and more than 40,000 small cells.
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