Published:
AT&T Announces $400 Million Planned Investment to Bring New Technology to Consumers in Alabama
BIRMINGHAM, Ala., July 25 /PRNewswire-FirstCall/ -- AT&T Inc. (NYSE: T)
announced plans to invest approximately $400 million over the next several
years in fiber network upgrades, further broadband deployment and
Internet-based technologies to bring new services, including innovative
television, toAlabama consumers, upon approval of agreements being considered
by city and county governments.
"We commend the 213 city and county leaders in 34 individualAlabama
communities for their vision in helping to ensure thatAlabama is not left
behind in efforts to give consumers more choices in the video services
market," said Fred McCallum, state president of AT&T Alabama. "The local
support shown most recently by the Birmingham City Council, including council
President Carole Smitherman, andBirmingham Mayor Larry Langford, and the
Jefferson County commissioners, including commission President Bettye Fine
Collins, will give consumers a new communications and entertainment
experience. We look forward to delivering advanced television, voice and
Internet services toAlabama."
On July 8, the Birmingham City Council, with support from the mayor,
approved an agreement with AT&T that will enable AT&T to provide these new
services to local consumers. That same day, theJefferson County commission
approved a similar agreement.
They join 34 communities across the state in approving similar agreements
with AT&T, includingHoover,Bessemer,Midfield,Helena,Bay Minette,Vestavia
Hills,Clanton,Tuscaloosa County,Jasper,Madison andAlbertville.
"We are continuing to work with other cities and counties around the state
that are critical to our investment decisions and look forward to completing
these negotiations in the near future," said McCallum.
In part, the new technology upgrades being considered by AT&T will support
Internet Protocol (IP)-based television, high speed Internet and Voice over
Internet Protocol (VoIP) services. AT&T is the only national provider to offer
a 100 percent IP-based television service, making AT&T U-verse(SM) TV one of
the most robust and feature-rich services available today. The service
includes features such as the ability to record up to four programs at once
using a digital video recorder (DVR); Web and Mobile Remote Access to a DVR;
access to customized weather, sports, traffic and stock information; and
built-in picture-in-picture browsing.
About AT&T
AT&T Inc. (NYSE: T) is a premier communications holding company. Its
subsidiaries and affiliates, AT&T operating companies, are the providers of
AT&T services inthe United States and around the world. Among their offerings
are the world's most advanced IP-based business communications services and
the nation's leading wireless, high speed Internet access and voice services.
In domestic markets, AT&T is known for the directory publishing and
advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM
organizations, and the AT&T brand is licensed to innovators in such fields as
communications equipment. As part of its three-screen integration strategy,
AT&T is expanding its TV entertainment offerings. In 2008, AT&T again ranked
No. 1 on Fortune magazine's World's Most Admired Telecommunications Company
list and No. 1 on America's Most Admired Telecommunications Company list.
Additional information about AT&T Inc. and the products and services provided
by AT&T subsidiaries and affiliates is available at http://www.att.com.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates
and other forward-looking statements that are subject to risks and
uncertainties, and actual results may differ materially. A discussion of
factors that may affect future results is contained in AT&T's filings with the
Securities and Exchange Commission. AT&T disclaims any obligation to update or
revise statements contained in this news release based on new information or
otherwise.
(C) 2008 AT&T Intellectual Property. All rights reserved. AT&T, the AT&T
logo and all other marks contained herein are trademarks of AT&T Intellectual
Property and/or AT&T affiliated companies.
Note: This AT&T news release and other announcements are available as part
of an RSS feed at www.att.com/rss. For more information, please review this
announcement in the AT&T newsroom at http://www.att.com/newsroom.
SOURCE AT&T Inc.
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