AT&T Inc. plans to boost spending on its network and applications for corporate customers by 33 percent in 2008 to $1 billion, the telecommunications company said Wednesday.
AT&T budgeted $1 billion to expand its global network reach and capacity, and to upgrade it to handle new technologies. The company said demand for Internet protocol services, such as voice transmissions, will account for much of the spending.
AT&T plans to invest in new subsea fiber optic cable capacity to Japan and Asia, increasing diversity and reliability on these critical routes. This will include more investments in multiple undersea cable systems into Southeast Asia and Australia, investment in several subsea cable system upgrades to grow capacity on multiples routes in the Caribbean, as well as subsea investments on existing cables servicing India and the Middle East.
The company also said it will add new core MPLS routers in Europe, Asia and the U.S., and roll out a global virtual private local area network service, initially in the U.S., Europe and Asia Pacific.
In addition, AT&T said it will add DSL as an emerging access alternative to China, Finland, Norway and Saudi Arabia markets.
Copyright 2007 Associated Press.