America’s leading telephone carrier, AT&T Inc., will invest $1 billion this year
to expand its networks and services in key global markets, the company reported
The majority of this investment will take place outside of the U.S., said AT&T
Asia Pacific spokesman, Greg Brutus, speaking with reporters in New Delhi,
India. Much of the money will be spent on new fiberoptic undersea cables in
Asia, and an Ethernet network in Europe and Asia.
In 2007, AT&T spent $850 million outside of the United States, out of a total
investment of $18 billion.
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