AT&T (NYSE: T) is expanding its business service opportunities in Ohio with new fiber installed into an additional 107 multi-tenant buildings throughout the state.
With this fiber build complete it will now be able to address over 2,500 business customer locations. Over 25 of the buildings that were equipped with fiber reside in the Dayton/Springfield area.
The recent work in Ohio follows similar moves it made in North Carolina and Florida.
In North Carolina, the telco completed its fiber build into 93 new multi-tenant units (MTUs) in the state, bringing services to over 2,500 businesses. Part of that deployment included 29 multi-tenant buildings across the Charlotte metro area, extending fiber-based broadband services to over 1,200 business customer locations.
Similarly, in Florida the telco lit up 750 multi-tenant office buildings across the state, enabling it to deliver higher speed services to 25,000 business customer locations.
As part of its Project VIP initiative, AT&T plans to expand its fiber network to reach 1 million additional business customer locations by the end of 2015.
From a broader trend perspective, these fiber buildouts will allow it to extend more of its strategic business services, particularly Ethernet and IP VPNs, to more customers. It will also be able to appeal to customers that it could not reach before with fiber-enabled services that its cable and CLEC competitors are also offering.
While it won't announce its Q3 earnings until Oct. 23, in the second quarter these services grew 15 percent over Q2 2012, and those services represent an $8.4 billion revenue stream.
For more:
- Dayton Business Journal has this article
Special report: AT&T's $14B Project VIP: breaking out the business service, U-verse numbers
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