Expected to be granted the same terms and conditions as Google
AT&T has announced that it is planning to build a fibre optic network infrastructure that will have the ability to offer speeds of 1Gbps in Austin, Texas in the US.
The new network infrastructure is being built jointly with its previously announced Project VIP broadband project.
According to the company, the expansion is expected to be granted the same terms and conditions as Google, which is building a similar network in Austin, regarding geographic scope of offerings, rights of way, permitting, state licenses and any investment incentives.
AT&T chairman and CEO Randall Stephenson said: "Most encouraging is the recognition by government officials that policies which eliminate unnecessary regulation, lower costs and speed infrastructure deployment, can be a meaningful catalyst to additional investment in advanced networks which drives employment and economic growth."
In the last five years, the company claims to have invested $98bn in US communities.
