America’s leading telecom provider, AT&T Inc., has announced plans to invest $18 billion and create 3,000 jobs during 2009, as it works to expand its broadband, IPTV, and wireless services.
About two thirds of AT&T’s 2009 investment will go towards extending and improving wireless and high-speed internet networks, the company said. Cell phone coverage with expand significantly in the next few months, as AT&T plans to add 2,100 new cell sites and roll out 3G networks in 20 additional markets by the end of the year.
The carrier will cut investment and jobs at its residential telephone division, however, as demand for fixed-line service continues to decline
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