By using satellite-based technologies to address coverage gaps—especially in unserved and underserved communities—the partners aim to improve convenience for their customers, allow for more competition, and nurture innovation and growth within the industry, the companies said.
The design of AT&T's new headquarters is very different from its current skyscraper-focused home in the AT&T Discovery District in downtown Dallas. But one note of verticality will be unmistakeable: a looming tower lit in AT&T-branded blue and crowned by a technology-packed globe-like structure evoking the AT&T logo.
The investment focuses on three strategic areas: deploying always-on connectivity, investing in the workforce, and innovating to secure and advance America's connected economy. The company said that the current tax and regulatory environment are the most conducive to such investment in decades.
AT&T CEO John Stankey said the deal "bolsters and expands" his company's spectrum portfolio "while enhancing customers' 5G wireless and home internet experience in even more markets." The company licenses cover virtually every market in the U.S.—more than 400 markets in total.
The Lumen Mass Markets fiber assets included in the deal total roughly 1 million fiber subscribers across more than 4 million fiber locations in 11 U.S. states. Dallas-based AT&T expects to "roughly double" where AT&T Fiber is available by the end of 2030.
John Stankey—who's been AT&T's president and CEO since 2020—is the Dallas-based telecom giant's new board chair, replacing William E. Kennard, who becomes the board's lead independent director.
AT&T said its additional $3 billion commitment—on top of $2 billion committed in 2021—will address affordability and adoption, the main barriers to broadband Internet connectivity for those who need it most. “Connectivity is critical for success and prosperity in America today," CEO John Stankey says.
The wholesale fiber services provider, Gigapower LLC, will be led by CEO Bill Hogg.
AT&T will be a joint owner and anchor wholesale tenant. As a commercial open-access platform, Gigapower will allow multiple ISPs and companies to rent or lease its fiber network on a wholesale basis.
Addressing an audience of around 800 at the American Airlines Center, Solomon talked about the $500 million-plus, 900,000-square-foot employment center his firm is building north of downtown Dallas—part of a planned 11-acre project from Dallas' Hunt Realty. And more importantly, he spoke about the North Texans he hopes to attract to it.
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
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Plano-based Secretome Therapeutics, a biotech company advancing therapies derived from neonatal cardiac progenitor cells (nCPC), has announced the closing of $30 million in Series A financing from RA Capital Management, a multi-stage investment manager focused on public and private healthcare, life sciences, and planetary health companies....
North Texas is a big place, with plenty to do, see, hear, and watch. We scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
Electric mobility is about more than battery range now. As EVs become part of everyday life, people want the experience to feel simple and reassuring, whether they are finding a charger, checking their vehicle status, making a payment, or getting help when they need it....
North Texas is a big place with plenty of opportunities. Here’s a curated roundup of contests and competitions; accelerator and recognition programs; and resource and grant opportunities for North Texas innovators. ...
Plano-based Secretome Therapeutics, a biotech company advancing therapies derived from neonatal cardiac progenitor cells (nCPC), has announced the closing of $30 million in Series A financing from RA Capital Management, a multi-stage investment manager focused on public and private healthcare, life sciences, and planetary health companies....