AT&T announces nearly USD140m investment in wireless and wireline networks in South Carolina in H1 2013
Aug 20, 2013 (M2 EQUITYBITES via COMTEX) --
US communications holding company AT&T (NYSE:T) on Monday announced an investment of nearly USD140m in its wireless and wired networks in South Carolina in the first half of 2013.
These investments included deployment of new macro cell sites, small cells and Distributed Antenna Systems across the state as a part of AT&T's Project Velocity IP, a three-year investment plan to expand and enhance its IP broadband networks. Also, under these investments AT&T expanded and enhanced its 4G LTE network and deployed new Wi-Fi hot spots.
According to the company, Project Velocity IP is also spurring the deployment of advanced fibre-optic connections to thousands of South Carolina businesses with over 250 additional business customer locations in South Carolina, located in nine multi-tenant office buildings across the state, having access to connections to Internet and cloud-based resources in H1 2013.
In addition as a part of Project VIP, AT&T also deployed advanced wired IP broadband connections for consumers, including AT&T U-verse services to over 21,100 customer locations in South Carolina in the first six months of 2013.
Highlights of network upgrades completed so far this year in South Carolina include 4G LTE launches in Anderson, Dillon, Florence, Hilton Head-Bluffton and Orangeburg. AT&T's 4G LTE is now available in multiple areas of the state, including Anderson, Charleston, Columbia, Dillon, Florence, Greenville, Hilton Head-Bluffton and Orangeburg. By the end of 2013, AT&T said that it expects to cover nearly 270 million people and 400 markets with its 4G LTE network.
Further, this 2013 year-to-date network investment builds on the more than USD850m that AT&T has invested in its South Carolina wireless and wired networks from 2010 through 2012.
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