AT&T invests $2.8B to enhance Florida's U-verse, wireless network coverage

AT&T (NYSE: T) continues to deepen its U-verse footprint in the Southeast, announcing that between 2012 and 2014, it invested almost $2.8 billion to enhance its local wireline and wireless footprint in Florida.

Driven mainly through its Project Velocity IP (VIP), in 2014 AT&T made over 40 additional wireline and wireless network capacity upgrades and 107 new broadband connections.

While its copper-based U-verse product has been a key focus in the state, Miami has been cited as one of the 11 markets where it will deliver its 1 Gbps GigaPower fiber-to-the-home (FTTH) service.

Florida is just one of many markets where the telco is expanding its U-verse and FTTH service presence. The service provider is making similar strides in other Southeast U.S. markets, including Atlanta and North Carolina.

In December, the service provider revealed that Atlanta would be one of the cities to get its fiber-to-the-business (FTTB) service as part of the fiber-ready building program under its Project VIP initiative. Through that project eligible businesses will be able to get 300 Mbps speeds with future plans to reach up to 1 Gbps without a service contract.

Over in North Carolina, the service provider began ramping up its workforce to support its FTTH build. After launching its 1 Gbps FTTP GigaPower service in December in Carrboro, Cary, Chapel Hill, Raleigh and Winston-Salem, the service provider said it is committing capital dollars to hire nearly 100 new technician positions to support the service rollout. 

With Project VIP mainly done, the service provider said during its fourth-quarter earnings call that it began focusing more on attracting more profitable customers or those with low-churn rates. Interestingly, this focus had an effect on U-verse TV additions, which grew by only 73,000, down from the 194,000 added in the same period of 2013.

For more:
- see the release

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