Reported 30 days ago
AT&T has entered into a $1 billion multi-year agreement with Corning to purchase fiber, cable, and connectivity solutions as part of its strategy to enhance high-speed internet services in the U.S. This deal comes amid a slowdown in the wireless market, pushing telecom companies to focus more on fiber services. The partnership is expected to improve network expansion and reduce deployment costs, with AT&T projecting to exceed 30 million fiber passings by the end of 2025.
Source: YAHOO