logo
  

AT&T Invests Nearly $1.4 Bln Over Three Year Period In Houston - Quick Facts

Telecom giant AT&T Corp. (T) Thursday said it has invested nearly $1.4 billion in its best-in-class wireless and wired networks in Houston between 2012 and 2014. These investments drove a wide range of upgrades to enhance reliability, coverage, speed and performance for residents and business customers.

In 2014, AT&T completed 62 wireless network upgrades in the Houston area, including 21 new cell sites and 41 new wireless high-speed Internet connections.

The upgrades, which are part of AT&T's Project Velocity IP or VIP, expanded the reach of its network, providing access to AT&T U-verse High Speed Internet, AT&T U-verse video and AT&T U-verse voice services to nearly 62,000 new customer locations. VIP is an investment plan focused on network enhancement and expansion.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Philip Morris International Inc. (PM) reported Tuesday that net earnings attributable to PMI for the quarter grew to $2.15 billion or $1.38 per share from $2.00 billion or $1.28 per share in the prior-year quarter. Excluded items, adjusted earnings for the quarter were $1.50 per share, compared to... Novartis AG's shares were gaining more than 4 percent in Switzerland and more than 5 percent in pre-market activity on the NYSE after the Swiss drug major reported Tuesday higher first-quarter profit, above market estimates, with strong sales growth. The company also raised its fiscal 2024 outlook for growth in sales and core operating income. Primal Kitchen is recalling around 2,060 cases of three code dates of Primal Kitchen Avocado Oil as the glass may be prone to breakage, causing the product to spill, the U.S. Food and Drug Administration noted. The recall involves 750mL Primal Kitchen Avocado Oil with an individual package UPC of 8-5523200719-4.

First quarter growth data from China gained the maximum focus this week as trends in the massive emerging economy impact its trading partners. Elsewhere, the IMF released its latest global macroeconomic projections. Read our story to find out why comments from the Fed Chair Powell damped rate cut expectations. Meanwhile, there was some survey data that kindled hopes of a recovery in manufacturing. In the U.K., inflation data for March revealed some confusing trends.

View More Videos
Follow RTT