MMTC Commends AT&T’s Investment of $14 Billion In Broadband Infrastructure

by mmtcbbsj on November 8, 2012

For Immediate Release – WASHINGTON DC, 11/7/12 – The Minority Media and Telecommunications Council (MMTC) praises AT&T’s recent announcement that it will invest $14 billion over the next three years in both wired and wireless broadband build out as part of its new Project Velocity IP (Project VIP).  This major commitment by one of the world’s largest communications companies can help strengthen and expand America’s broadband infrastructure for the benefit of consumers.

Through Project VIP, AT&T emphasizes its commitment to investing in America’s economy and future, bringing next-generation high-speed broadband Internet-protocol (IP) based services to more consumers and businesses nationwide, particularly the underserved and unserved. IP is the common language almost all forms of technology can understand that enables seamless communication of voice, data and Internet applications among various devices (TVs, laptops, mobile smart devices, etc.).  IP-based services are high bandwidth broadband services that can provide important consumer benefits in the areas of education, healthcare, energy and public safety.  Upgrading rural broadband lines and bringing new wireless and wired IP-based services to more of America is essential to the growth of the nation’s economy. 

AT&T expects to cover 300 million Americans by the end of 2014, and expand its wired IP networks to 57 million customers and one million new business locations, including small businesses, in its current 22-state footprint by the end of 2015.

“Modern IP networks are dynamic, cost-efficient, and can offer consumers and communities opportunity by spurring technological innovation, job creation, and economic growth through major capital investment,” said MMTC President David Honig. “These smart networks are becoming increasingly vital to our nation’s economic development and efforts to maintain our global competitiveness.  MMTC has long emphasized the need to close the digital divide through broadband infrastructure investment, and Project VIP goes a long way toward achieving that goal.”

“We welcome AT&T’s investment and the opportunity it can bring to improve service quality and to help address the digital divide facing millions of Americans,” said Honig.  “We should all have the good fortune to be able to access the best possible opportunities for educational, healthcare and career opportunities.  AT&T’s Project VIP can help more Americans realize these broadband-related advantages.”

Founded in 1986, MMTC is the nation’s leading advocate for diversity, equal opportunity, and closing the digital divide in the mass media, telecommunications, and broadband industries.

  • Follow Us on Facebook
  • Follow Us on Twitter
  • Subscribe to Newsletter

Previous post:

Next post: