AT&T will serve 14 million customers with fiber to the premises (FTTP) by the end of 2019, Chief Financial Officer John Stephens said in the operator's most recent earnings call.
That represents 1.5 million more residences than required in its pact with the Federal Communications Commission: As part of the deal to acquire DirecTV, AT&T pledged to deliver fiber broadband services to 12.5 million sites.
"We have the largest fiber footprint in the country, and we are ahead of the plan to reach our 12.5 million new fiber customer locations FCC commitment by mid-2019," he said. "In fact, by the time it's all said and done, we could be looking at around 14 million fiber-to-the-prem customer locations."
Access to fiber is critical to the CSP: In regions where AT&T does not have FTTx, it's lost subscribers, said Stephens.
"We are seeing on an out-of-footprint basis where we don't have fiber, we're seeing sub losses to competitors where they can bundle," he noted. "We believe we're going to, if you will, arrest that or address that situation as we continue to build out fiber."
Expanded fiber, coupled with 5G wireless, will further extend AT&T's reach to customers across the country, he said. This marks the third straight quarter of total broadband growth, in part due to the operator's investment in fiber, added Stephens.
"Extending fiber to more than 5.5 million customer locations is strengthening our broadband position," he said. "In fact, the number of broadband subscribers on speeds 18 megabits or higher has increased by nearly 1.6 million in the past year."
AT&T reported revenue for the quarter of $38.9 billion versus $40.5 billion a year ago.
In a flurry of activity throughout the week, Donald (DJ) LaVoy, Deputy Under Secretary for Rural Development at the US Department of Agriculture, and his team spent about $145.8 million in the non-urban or suburban areas of seven states.
Calix reported revenue of $120.19 million – up 4% – in Q4 2019, putting a bounce in the step of company president and CEO Carl Russo and a shine to Calix's ongoing transition from hardware vendor to a provider of platforms enabled by cloud, APIs and subscriber experience.
Looking to curtail e-waste and improve the bottom line, BT will require customers to return routers and set-top boxes, although subscribers will not have to pay a fee when they receive regular broadband equipment.
Deploying DOCSIS 3.1 across its entire footprint gave Rogers Communications the ability to offer speeds of up to 1 Gbit/s,
contributing to a broadband segement that generated about 60% of the Canadian operator's $3.05 billion (US) in Q4 cable earnings.
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