AT&T (NYSE: T) announced it is bringing gigabit internet speeds to businesses in Mississippi and Louisiana as its expands the reach of its AT&T Business Fiber service that offers speeds of up to 1 Gbps.
"As a result of the pro-investment policies that have been enacted at the state and local levels across Mississippi, AT&T has been able to significantly expand its fiber footprint, bringing more advanced services to our Mississippi customers," said Mayo Flynt, president of AT&T Mississippi, in a release from the company. "And with AT&T Business Fiber being deployed to many multi-tenant office buildings across the state, we are quickly expanding the number of businesses in urban and rural areas alike that have access to Gigabit connections."
AT&T said it has invested more than $875 million in its Mississippi wireless and wireline networks from 2013 through 2015. The company said it now covers 10,500 business customer locations in Mississippi, and services roughly 55 multi-tenant office buildings in the state.
As for Louisiana, AT&T said it has invested more than $1 billion in its wireless and wireline networks from 2013 through 2015 in the state. The company said it covers 230 multi-tenant office buildings with AT&T Business Fiber in Louisiana.
AT&T will run up against Comcast (NASDAQ: CMCSA) in the region, as well as Altice's Suddenlink. France's Altice last year closed its $9.1 billion purchase of a 70 percent stake in Suddenlink, and earlier this year the company closed its $17.7 billion purchase of Cablevision.
Spurred by the likes of Comcast, Google Fiber (NASDAQ: GOOG) and others -- and buoyed by its acquisition of DirecTV -- AT&T has been working to expand its own fiber footprint. The company said it now covers over 1 million incremental business customer locations in the United States.
AT&T's focus on business customers in Mississippi and Louisiana is noteworthy considering Google Fiber just this week announced its services are now for sale to businesses with specific business pricing.
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