Bond.az White LogoBond.az Black Logo

AT&T commits $19B to upgrade California network

AT&T commits $19 billion to upgrade California's fiber and wireless networks by 2030, targeting over 4 million new fiber households.

Lucas Garcia
ByLucas Garcia- Senior Editor
|
0

Bond.az - AT&T Inc. announced a $19 billion investment commitment for California's fiber and wireless networks through 2030.

The telecom giant plans to bring fiber internet to over 4 million additional households and businesses and add more than 1,200 new cell sites across the state by 2030. This investment is $3 billion more than what the company spent in California during the 2021-2025 period.

AT&T will begin upgrading customers from copper-based services to fiber and wireless on or after June 1, 2027. About 3% of households it serves in California still use traditional phone service.

The modernization is enabled by updated federal policies. AT&T expects to save 300 million kilowatt-hours annually by 2030 through the transition from copper infrastructure.

Traditional home phone customers in affected areas will receive AT&T Phone - Advanced service free for three months. Customers can keep their numbers and the service works with existing phones, fax machines, home alarms, and medical monitors.

AT&T plans to hire hundreds of technicians to support the fiber expansion and copper decommissioning. It will also open six additional Connected Learning Centers and host over 30 digital literacy workshops across California in 2026.

The company committed an additional $1.2 million to California nonprofits focused on closing the digital divide, disaster preparedness, and support for older adults and tribal members in 2026.

AT&T reaffirmed its 2026 and multi-year financial guidance. The California investment supports its plans to reach more than 60 million fiber locations across the U.S. by 2030.

More News
Today / 20:43
|
697

Agilent Declares 25.5 Cent Dividend

Agilent Technologies declares 25.5 cent quarterly dividend. Payable July 22, 2026. Read more on Bond.az.

0
Today / 20:42
|
664

Vivos revenue jumps 70% in Q1

Vivos Therapeutics Q1 2026 revenue up 70% to $5.1M. Stock near 52-week low at $0.59. Cash concerns remain.

0
Today / 20:40
|
893

GLPI raises dividend to $0.82 per share

Gaming and Leisure Properties (GLPI) raises Q2 2026 dividend to $0.82 per share. Annual yield 6.95%. 13 years of consecutive dividend payments.

0
Today / 20:13
|
658

Medline launches surgical packs for animal spay/neuter

Medline launches custom surgical packs for animal spay/neuter procedures, reducing prep time and improving efficiency for shelters and clinics.

0
Today / 20:12
|
504

TrustCo Bank declares $0.38 quarterly dividend

TrustCo Bank declares $0.38 quarterly dividend per share. Dividend yield 3.08%, 45 consecutive years of payments.

0
Today / 20:12
|
739

Nebius Partners with Bloom Energy for 328 MW Fuel Cell Project

Nebius partners with Bloom Energy for a 328 MW fuel cell project to power its AI infrastructure with clean energy.

0
Today / 20:11
|
917

United Fire Group raises dividend, expands buyback program

United Fire Group raises dividend and expands share buyback program. The company has paid dividends for 54 consecutive years.

0
Today / 20:10
|
303

Republic Bancorp declares $0.495 dividend

Republic Bancorp declares $0.495 dividend per share. Payable July 17, 2026. Strong dividend growth history.

0
Today / 17:12
|
370

Hexaware acquires UK firm CPS

Hexaware Technologies acquires UK-based consulting firm CPS. The transaction is expected to close within two weeks.

0
Today / 16:12
|
294

Uzbekistan Investment Fund greenshoe fully exercised

Uzbekistan National Investment Fund fully exercises greenshoe option. Jefferies buys 3.5 million GDRs for $87.9 million.

0
Today / 15:32
|
298

Henderson Smaller Companies to delist preference shares

Henderson Smaller Companies Investment Trust to delist preference shares. Delisting effective May 27, 2026.

0
Today / 15:23
|
565

UK to Auction £4 Billion in Gilts on May 27

The UK DMO will auction £4 billion of 4⅛% Treasury Gilt 2033 on May 27, 2026. Learn about the auction details, coupon rate, and bidding process.

0
...
AT&T commits $19B to upgrade California network | Bond.az