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AT&T Announces $1 Billion Fiber Deal With Corning


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 h...

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.

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