AT&T to expand fiber footprint to additional 3 million locations

Texas-based telecommunications company, AT&T is taking an important step in increasing its fiber footprint this year with establishing FTTP to an additional 3 million locations across over 90 metro areas. In addition to this, the company is also looking forward to continuing its dynamic fiber push in 2022 when it plans to add about 4 billion locations for FTTP deployment.

Earlier in January this year, the company had planned to augment its fiber footprint to 2 million additional locations this year, post its deployment of FTTPs in 1 million locations in 2020. Importantly, the upcoming locations are likely to stand in the vicinity of the company’s current fiber footprint.

For the record, AT&T’s existing fiber footprint currently exceeds 14 million customer locations and at the end of 2020, it was reported that the company’s customer penetration rate was 34%. Additionally, the company has announced that 90% of all of its broadband consumers subscribe to speeds of 100 Mbps or more. As of 2020 end, it was claimed that more than 3 million AT&T Fiber subscribers were receiving 1-Gig speeds.

While commenting on the latest plan, Jeff McElfresh, CEO at AT&T, mentioned that the company foresees a prolific rise in fiber subscriptions mainly toward the end of 2021, post the initial fiber expansion is completed.

However, it would be pivotal to note that AT&T is not the only telecom company which is currently seeking to expand its fiber footprint. Verizon, in its annual investor conference the last week, laid down its plans of having 50% and more of its 4G and 5G cell sites on proprietary fiber rather than using a third party’s fiber network.

Besides, company executives also added that the firm’s capex for 2021 would be in line with that of 2020, which was USD 18.2 billion.

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