AT&T outlines $250 billion US investment plan to boost infrastructure in AI age (Connecting the Dots: AT&T, Verizon & The Carnegie/Soros Network)
Reuters
By
Akash Sriram
March
10, 20263:09 AM PDT
March
10 (Reuters) - AT&T will
spend more than $250 billion over five years in the U.S. to expand its network
infrastructure and will hire thousands of technicians this year, it said on
Tuesday, as telcos ramp up investments to support surging data demand.
Rapid
adoption of artificial intelligence, cloud computing and connected devices has
prompted telecom operators to invest heavily in fiber and 5G networks as they
also seek to fend off intensifying competition from cable broadband providers.
AT&T (T.N), opens new tab,
which has about 110,000 employees in the U.S., said the new hires will help
build and maintain its infrastructure.
The
outlay includes capital expenditure and other spending, the company said.
The
spending will focus on expanding its fiber and wireless networks, including
accelerating deployment of fiber broadband, 5G home internet and satellite
connectivity to extend coverage across urban, suburban and rural areas.
"It
has to spend hard, but it also has to spend smart ... and its partnership with
AST SpaceMobile is something investors will be keeping a close eye on,"
said Danni Hewson, head of Financial Analysis at AJ Bell.
AT&T
invested more than $145 billion in its wireless and wireline networks between
2019 and 2023 as telecom operators raced to expand high-speed connectivity.
The
spending push comes alongside federal broadband initiatives created under the 2021
infrastructure law, including the $42.5 billion Broadband Equity, Access, and
Deployment Program.
However,
the rollout of funding has faced delays due to a combination of implementation
challenges and policy changes under the Trump administration.
AT&T
has secured the largest share of BEAD funding for fiber build‑outs, winning
about $1.06 billion, according to New Street Research.
Fiber
broadband has become a key battleground between carriers and cable providers
as they jostle to cater to demand from home internet customers.
Comcast (CMCSA.O), opens new tab,
a key AT&T rival, is defending its subscriber base while undergoing
strategic changes. The company on Tuesday began a $5.9 million network‑expansion
project in Greater Hartford and Middletown, set to finish later this year.
Meanwhile,
Verizon
has accelerated its fixed‑broadband expansion after completing its acquisition
of Frontier Communications earlier this year and is rolling out limited‑time
discounted bundles to attract customers.
AT&T
is also working with satellite partner AST SpaceMobile (ASTS.O), opens new tab to
expand connectivity to remote regions where traditional network
infrastructure is difficult to deploy.
The
company said it would continue spending on the FirstNet network built for
first responders and bolster investment in network security and artificial
intelligence-driven threat detection.
Reporting
by Akash Sriram and Kritika Lamba in Bengaluru; Editing by Sriraj Kalluvila and
Alan Barona
Connecting
the Dots:
Laura D'Andrea
Tyson is a fellow at the Center for American Progress, a
board of director at AT&T Inc. and was a trustee at the Brookings
Institution (think tank).
AT&T Inc. was a funder for the Center for American Progress.
Open Society Foundations was
a funder for the Center for American Progress.
George Soros is the founder & chairman for the Open
Society Foundations, was the chairman for the Foundation to Promote
Open Society and a supporter for the Center for American Progress.
Foundation to Promote Open Society was a funder for the Center
for American Progress and the Brookings Institution (think tank).
Carnegie Corporation of New York was a funder for the Center for American Progress, the Brookings Institution (think tank), and a supporter for the American Society for Muslim Advancement.
Ted Lieu was honored with
the Carnegie Corporation of New York's Great Immigrants Award, has
represented California's 36th congressional district in the United
States House of Representatives since 2023 and is a member of the Congressional Progressive Caucus.
Astrid S. Tuminez was a program officer at the Carnegie
Corporation of New York and is the 7th President of the Utah
Valley University (Charlie Kirk Shooting).
Andrew Carnegie was
the founder of the Carnegie Corporation of New York.
Newton N. Minow is
an honorary trustee at the Carnegie Corporation of New York, a
member of the Commercial Club of Chicago and a senior counsel
at Sidley Austin LLP.
Michelle Obama was
a lawyer at Sidley Austin LLP.
Barack Obama was
an intern at Sidley Austin LLP.
Andrew Carnegie was
the founder of the Carnegie Corporation of New York.
Carnegie
Corporation of New York was a funder for the Brookings
Institution (think tank) and a supporter for the American Society
for Muslim Advancement.
Hugh B. Price was
a senior fellow at the Brookings Institution (think tank) and is a
director at Verizon Communications Inc.
Cameron F. Kerry is
a fellow at the Brookings Institution (think tank), John F.
Kerry’s brother and a senior counsel at Sidley Austin LLP.
Vernon E. Jordan
Jr. is an honorary trustee at the Brookings Institution (think
tank), a senior counsel for Akin, Gump, Strauss, Hauer &
Feld, LLP, Valerie B. Jarrett’s great uncle.
Akin,
Gump, Strauss, Hauer & Feld, LLP is a lobby firm for AT&T
Inc.
James W. Cicconi was
a partner at Akin, Gump, Strauss, Hauer & Feld, LLP, is an
honorary trustee at the Brookings Institution (think tank) and
a senior EVP for AT&T Inc.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was the chairman for the Foundation to
Promote Open Society
Carnegie
Corporation of New York was a funder for the Brookings
Institution (think tank) and a supporter for the American Society
for Muslim Advancement.
Andrew Carnegie was
the founder of the Carnegie Corporation of New York.
Robert A. Helman was
an honorary trustee at the Brookings Institution (think tank), is a
partner at Mayer Brown and a member of the Commercial Club
of Chicago.
Mayer Brown is
a lobby firm for AT&T Inc.
William M.
Daley was a partner at Mayer Brown, the chief of staff for
the Barack Obama administration and is a member of the Commercial
Club of Chicago.
Valerie B. Jarrett is
a member of the Commercial Club of Chicago, Vernon E.
Jordan Jr’s great niece and the senior adviser for the Barack Obama
administration.
Vernon E. Jordan
Jr. is Valerie B. Jarrett’s great uncle, a senior counsel
for Akin, Gump, Strauss, Hauer & Feld, LLP and an honorary
trustee at the Brookings Institution (think tank).
Akin,
Gump, Strauss, Hauer & Feld, LLP is a lobby firm for AT&T
Inc.
James W. Cicconi was
a partner at Akin, Gump, Strauss, Hauer & Feld, LLP, is an
honorary trustee at the Brookings Institution (think tank) and
a senior EVP for AT&T Inc.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank) and the Center for American Progress.
George Soros was the chairman for the Foundation to Promote Open Society, a supporter for the Center for American Progress and is the founder & chairman for the Open Society Foundations.
Open Society Foundations was
a funder for the Center for American Progress.
Carnegie
Corporation of New York was a funder for the Brookings
Institution (think tank), the Center for American Progress and a
supporter for the American Society for Muslim Advancement.
Andrew Carnegie was
the founder of the Carnegie Corporation of New York.
Laura D'Andrea
Tyson was a trustee at the Brookings Institution (think tank),
is a fellow at the Center for American Progress and a board of
director at AT&T Inc.
AT&T Inc. was
a funder for the Center for American Progress.
Apple Inc. was a funder for the Center for American Progress.
Bank of America Corp. was a funder for the Center for American
Progress.
BMW of
North America LLC was a funder for the Center for American
Progress.
Citigroup Inc. was
a funder for the Center for American Progress.
Coca-Cola
Company was a funder for the Center for American Progress.
Facebook was a
funder for the Center for American Progress.
General
Electric Company was a funder for the Center for American
Progress.
Goldman
Sachs Group Inc. (Bailout Company) was a funder for the Center
for American Progress.
Motion
Picture Association of America was a funder for the Center for
American Progress.
PepsiCo, Inc. was
a funder for the Center for American Progress.
PG&E
Corporation was a funder for the Center for American Progress.
Samsung
Electronics Co. was a funder for the Center for American
Progress.
Time Warner Inc. was
a funder for the Center for American Progress.
T-Mobile USA,
Inc. was a funder for the Center for American Progress.
Toyota
Motor North America was a funder for the Center for American
Progress.
Visa Inc. was a
funder for the Center for American Progress.
Wal-Mart
Stores Inc. was a funder for the Center for American Progress.
Wells Fargo & Co. was a funder for the Center for American Progress.
John D. Podesta is the chair & counselor for the Center
for American Progress and the chairman for the Center for American
Progress Action Fund.
Center
for American Progress Action Fund is a fund, affiliated advocacy group
for the Center for American Progress.
Carol M. Browner is
a director, senior fellow at the Center for American Progress and
was the energy czar for the Barack Obama administration.
Tom Daschle is
a director at the Center for American Progress and was the nominee
for health and human services secretary for the Barack Obama
administration.
Ezekiel Emanuel is
a senior fellow at the Center for American Progress and was the
health care policy adviser for the Barack Obama administration.
Lawrence H.
Summers is a distinguished fellow at the Center for American
Progress and was the National Economic Council chairman for the Barack
Obama administration.
Cassandra Q. Butts was
the SVP for the Center for American Progress and the deputy White
House counsel for the Barack Obama administration.
Philip J. Crowley was
the director of homeland security at the Center for American Progress
and the assistant secretary of state for the Barack Obama
administration.
Derek Douglas was
an associate director of economic policy at the Center for American
Progress and a special assistant for urban affairs for the Barack
Obama administration.
Bradley J. Kiley was
a VP for the Center for American Progress and the director of
management and administration for the Barack Obama administration.
Karen Kornbluh was
a visiting scholar at the Center for American Progress and a policy
director for Barack Obama.
Jeanne Lambrew was
a senior fellow at the Center for American Progress and the deputy
assistant to the president for health policy for the Barack Obama
administration.
Denis McDonough was
a senior fellow at the Center for American Progress and the chief
of staff; former deputy national security adviser for the Barack Obama
administration.
Esther M.
Olavarria was the director of immigration policy at the Center
for American Progress and the deputy assistant secretary at the U.S.
Department of Homeland Security for the Barack Obama
administration.
Dan Restrepo was
the Americas Project director at the Center for American Progress,
and a special assistant to the president for the Barack Obama
administration.
Gene B. Sperling was
a senior fellow at the Center for American Progress and the
assistant to the president for economic policy for the Barack Obama
administration.
Todd Stern was
a senior fellow at the Center for American Progress and the special
envoy for climate change at the U.S. Department of State for
the Barack Obama administration.
Melody C. Barnes was
the EVP for the Center for American Progress, the domestic policy
council, director for the Barack Obama administration and Barack
Obama’s golf partner.
Jose H.
Villarreal is a director at the Center for American Progress
and a senior adviser at the Akin, Gump, Strauss, Hauer & Feld, LLP.
Akin,
Gump, Strauss, Hauer & Feld, LLP was a funder for the Center
for American Progress and is a lobby firm for AT&T Inc.
James W. Cicconi was
a partner at Akin, Gump, Strauss, Hauer & Feld, LLP, is an
honorary trustee at the Brookings Institution (think tank) and
a senior EVP for AT&T Inc.
Hugh B. Price was
a senior fellow at the Brookings Institution (think tank) and is a
director at Verizon Communications Inc.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank) and the Center for American Progress.
George Soros was the chairman for the Foundation to Promote Open Society, a supporter for the Center for American Progress and is the founder & chairman for the Open Society Foundations.
Open Society Foundations was
a funder for the Center for American Progress.
Carnegie
Corporation of New York was a funder for the Brookings
Institution (think tank), the Center for American Progress and a
supporter for the American Society for Muslim Advancement.
Andrew Carnegie was
the founder of the Carnegie Corporation of New York.
Vernon E. Jordan
Jr. is an honorary trustee at the Brookings Institution (think
tank), a senior counsel for Akin, Gump, Strauss, Hauer & Feld,
LLP and Valerie B. Jarrett’s great uncle.
Laura D'Andrea
Tyson was a trustee at the Brookings Institution (think tank),
is a fellow at the Center for American Progress and a board of
director at AT&T Inc.
AT&T Inc. was
a funder for the Center for American Progress.
Akin,
Gump, Strauss, Hauer & Feld, LLP was a funder for the Center
for American Progress and is a lobby firm for AT&T Inc.
Resources:
Past Research
GE,
Walmart, AT&T, Google Among Center for American Progress Donors (Past Research on the Center for American Progress)
Saturday,
December 14, 2013
https://thesteadydrip.blogspot.com/2013/12/ge-walmart-at-google-among-center-for.html
AT&T's
DirecTV Cancels NEWSMAX in Censorship Move (Connecting the Dots: DirecTV,
AT&T, K. Rupert Murdoch, FEC, Newsmax’s Mark Halperin, His Father Morton H.
Halperin, Open Society Foundations & Soros Funding, All Networking To Shut
Down Conservative News, Newsmax) (Past Research on AT&T)
Wednesday,
January 25, 2023
https://thesteadydrip.blogspot.com/2023/01/at-directv-cancels-newsmax-in.html
Investors:
AT&T and Verizon must say how much customer data goes to NSA (Past Research on AT&T & Verizon)
Friday,
November 22, 2013
https://thesteadydrip.blogspot.com/2013/11/investors-at-and-verizon-must-say-how.html
Kennedy:
If you eat radioactive foreign shrimp, you may turn into an alien (Connecting
the Dots: The National Oceanic and Atmospheric Administration (NOAA), The U.S.
Department of Commerce, The U.S. Food and Drug Administration (FDA), Wal-Mart
Stores Inc. & The Carnegie/Soros Network, All Networking For Control) (Past Research on the Center for American Progress &
the Carnegie Corporation of New York)
Saturday,
March 7, 2026
https://thesteadydrip.blogspot.com/2026/03/kennedy-if-you-eat-radioactive-foreign.html
Drugmakers’
Secret Royalty Payments to Fauci’s NIAID Jumped After Pandemic: Report
(Connecting the Dots: Anthony Fauci, Margaret Hamburg, NIH, COVID Vaccine
Manufacturers, FDA, CDC, Health Insurance Companies, The Carnegie Corporation
of New York, Carnegie/Soros Network. An Agenda of Population Control that
Started in 1908 Using World War 1. Was COVID All About Population Control? You
Decide!) (Past Research on the Center for American
Progress & the Carnegie Corporation of New York)
Saturday,
March 7, 2026
https://thesteadydrip.blogspot.com/2026/03/drugmakers-secret-royalty-payments-to.html
Ed
Griffin’s interview with Norman Dodd in 1982 Found on Youtube (Past Research on the Carnegie)
Tuesday,
September 2, 2014
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