AT&T Inc. (NYSE: T) disclosed that it "invested over $1 billion in its wireless and wired networks in Louisiana during the three-year period 2013–2015." The company said that these investments fueled "a wide range of upgrades to reliability, coverage, speed and overall performance for residents and businesses" in the region.
According to the telecom service provider, they also improved critical services supporting first responders and public safety.
AT&T said that it has "invested in its Louisiana communications networks, people and local communities for 137 years." The company added that recent notable network improvements "include 1,091 upgrades with new cell sites, the addition of wireless and wired network capacity and new broadband network connections."
The company's president for Louisiana, Sonia Perez, commented, "We're committed to providing our customers fast, reliable, highly secure connectivity. We want them to be able to access the content they want from anywhere and on any device. Our continued investment in Louisiana allows our over 4,700 Louisiana employees to expand our fiber network and bring new, innovative services like AT&T GigaPower to our residents and businesses."
The telecom service provider also indicated that its GigaPower offered the "fastest Internet speeds, up to 1Gbps2 over a 100 percent fiber network to more than 1.6 million locations across 22 major metro areas." AT&T plans to expand the availability of Internet speeds maximum of 1Gbps to homes, apartments and small businesses in parts of 34 additional cities across the United States.
Shares of the company were trading down 0.17 percent at $38.38 Monday afternoon.
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