AT&T plans to expand fiber networks across Triangle, other NC metro areas

RESEARCH TRIANGLE PARK – AT&T, facing increasing competition from providers such as Charter Communications, Google Fiber and regional telecommunication providers, is planning to expand its fiber-optic networks across North Carolina.

In plans spelled out by AT&T executives during an investors presentation on Friday, the communications and entertainment giant said over the next five years its fiber reach would be broadened to another 3 million potential customers and business locations.

The North Carolina expansion list includes:

Raleigh
Durham
Asheville
Wilmington
Charlotte
Greensboro
Winston-Salem

The full llist includes some 90 metro areas.

“We’re being deliberate and strategic with how we allocate capital to invest in our market focus areas of 5G, fiber and HBO Max, while being committed to sustaining the dividend at current levels and utilizing cash after dividends to reduce debt,” said John Stankey, AT&T CEO, in the presentation.

Charter to expand high-speed internet access to 128,000 sites in NC with $442M program

“Our number one priority in 2021 is growing our customer relationships. It’s about more than just adding to our customer base. It’s about expanding the growth opportunity in our three market focus areas and also increasing our share within each market,” Stankey said. “We’re focused on creating deeper relationships with our current customers to increase their daily engagement with our products and services, enabling us to gather more meaningful insights, drive loyalty, and stay ahead of their rapidly changing preferences. As demand for connectivity and content continues to grow, we are well positioned to deliver.”

For the full presentation, including plans for 5G and anticipated growth for HBOMax, visit this site.