AT&T to Spend $1 Billion Beefing Up Business Services
AT&T has a lot of work of ahead of it, work that will cost the company $1 billion. That's how much AT&T said it plans to invest to upgrade its business network and services for both large companies globally and SMBs in the US.
"Despite the continuing challenges of today's economic environment, we continue to deliver on our commitment to provide companies with the network-centric capabilities and applications they need to enhance their operations," said Ron Spears, President and CEO of AT&T Business Solutions. "IP-based solutions and applications have become ever more important to companies aiming to take their productivity to a new level while transforming their operations to adapt to their customers' changing needs."
AT&T's list is nothing short of extensive and range from increasing broadband speeds in more than 120 markets to putting a heavy focus into continuing to develop and deploy cloud-based managed hosting and infrastructure as a Service capabilities.
This will bring the total investment to upgrade its systems and services to over $4 billion since 2006.

Image Credit: AT&T