AT&T Announces $1 Billion Fiber Deal With Corning (reuters.com) 10
AT&T has signed a $1 billion multi-year deal with Corning to acquire fiber and connectivity solutions. Reuters reports: With the U.S. wireless market facing a slowdown, telecom companies such as AT&T and rival Verizon have doubled down on their high-speed internet businesses, an area that has long been dominated by broadband companies such as Comcast. Demand has also been growing for AT&T's plans that allow customers to combine its high-speed fiber data with its wireless phone service for a discount. In the third quarter, AT&T reported 28.3 million fiber passings, or the number of potential customer locations a fiber network passes by. It remains on track to pass more than 30 million fiber passings by the end of 2025.
Full circle for AT&T (Score:1)
Don't feel too bad for AT&T being behind the likes of Comcast. In 2001 Comcast purchased all of AT&T broadband customers and tech to give them a huge leap.
Maybe Sonic.net will be motivated to stop fucking (Score:1)
Very glad to hear this. I live in the SF Bay area, and AT&T has spent very, very little in upgrading their networks here. Pretty much the only fibre is available in newer neighborhoods. The only real areas they've upgraded is along the path from COs to the schools for which they received Federal money to upgrade connectivity. I live one block off one of these routes. It's been back to Project Pronto since AT&T upgraded the network in my neighborhood, more than 20 years.
Almost two years ago Sonic.net
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Re: Maybe Sonic.net will be motivated to stop fuck (Score:2)
I frequently check it for unrecognized transactions, as everyone should. ðYðYââ(TM)ï
Re: Maybe Sonic.net will be motivated to stop fuck (Score:2)
Consider yourself lucky. I'm also in the bay area. I signed up got Sonic 10G fiber in May of 2023. It's been in the "planning" phase ever since, according to the fiber status tool. I don't think anything actually happened besides the collection of my email address. I don't believe I provided a credit card. But if I did, it will probably be expired by the time the fiber comes, if ever.
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I live in a fairly large city and have been told "fiber coming" for what seems like decades. We still don't have a single fiber on my street from any company. Not one. We have only a cable company monopoly (Cox) with coax. It is fast enough, and mostly reliable, but $180 a month for a single TV/TiVo with basic cable and 300/30 Internet is not impressive, and that is with "loyalty" discounts and crap.
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US internet prices and speeds are absurd. I've got gigabit fiber for less than $40 a month.
How much of that cash (Score:1)
Is simply paid into investors; pockets LIKE EVERY OTHER THING involving paying for infrastructure was SUPPOSED TO BE?