FRANKFORT, Ky. (March 6, 2013) — AT&T expects to invest between $600 and $800 million in Kentucky from 2013 to 2015 to support its current network capabilities and expand access to next-generation broadband services.
This planned investment will have a direct impact on both wireline and wireless broadband availability in Kentucky.
The planned investment has been enhanced by AT&T’s national Project Velocity IP initiative, announced in November 2012. Project Velocity IP is a three-year, $14 billion planned investment to significantly expand and enhance AT&T wireless and wireline internet protocol (“IP”) broadband networks across the country, to support growing customer demand for high-speed Internet access and new mobile, apps and cloud services.
“The Kentucky Senate recognizes the importance of creating the right economic environment to support investment in next generation broadband for Kentucky and that’s why the Senate passed SB 88,” said Robert Stivers, president of the Kentucky Senate. “High-speed Internet accelerates global commerce for large and small businesses, it opens up innovation in healthcare and academics and it helps our state remain a great place to live, work and raise a family.”
Mary Pat Regan, president of AT&T Kentucky, said Kentucky is in competition with all states to attract investment, innovation and jobs.
“We are working with elected leaders to ensure that the commonwealth benefits quickly from investment in new technology,” she said.
Investing in Mobile Internet
AT&T plans to expand its 4G LTE network to cover the majority of people in Kentucky. Currently, AT&T 4G LTE has been launched in Louisville, Lexington and Bowling Green.
As part of Project VIP, AT&T will increase the density of its wireless network, which is expected to further improve network quality and increase spectrum efficiency.
Investing in Wireline IP Network
AT&T plans to expand and enhance its wireline IP network, including:
♦ Expansion of U-verse (TV, Internet, Voice over IP).
♦ Upgrading U-verse Internet service to speeds ranging from up to 75Mbps to up to 100Mbps with technology upgrades.
♦ Expanding its fiber network to reach business locations in Kentucky.
“We have invested considerable capital in Kentucky in recent years to better serve our customers and to deliver state of the art services like AT&T U-Verse and 4G LTE. Project Velocity IP continues this significant investment that otherwise would not occur,” Regan said.