Telecom giant AT&T Inc. (T) Monday announced a major initiative to expand its ultra-fast fiber network to up to 100 candidate cities and municipalities nationwide, including 21 new major metropolitan areas.
The fiber network will deliver AT&T U-verse with GigaPower service. This can deliver broadband speeds up to 1 gigabit per second and AT&T's most advanced TV services, to consumers and businesses.
AT&T will work with local leaders in these markets to discuss ways to bring the service to their communities.
According to the company, ''communities that have suitable network facilities, and show the strongest investment cases based on anticipated demand and the most receptive policies will influence these future selections and coverage maps within selected areas.''
The 21 candidate metropolitan areas include Atlanta, Augusta, Charlotte, Chicago, Cleveland, Fort Worth, Fort Lauderdale, Greensboro, Houston, Jacksonville, Kansas City, Los Angeles, Miami, Nashville, Oakland, Orlando, San Antonio, San Diego, St. Louis, San Francisco, and San Jose.
With previously announced markets, AT&T now has committed to or is exploring 25 metro areas for fiber deployment.
T closed marginally higher on Monday at $36.06.
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