With $14 Billion Investment, AT&T Will Offer LTE To 300 Million People By 2014, Fiber To 1 Million More Businesses By 2015

AT&T announced this morning that it would invest $14 billion to significantly expand and upgrade its wireless and wireline broadband networks, with its 4G LTE network expansion expected to reach 300 million people by the end of 2014. The initiative, dubbed "Project Velocity IP (or "VIP" for short) also includes investment into AT&T's fiber deployments. AT&T says that it will bring fiber to 1 million more business customers, covering 50 percent of multi-tenant office buildings in AT&T's wireline service area, by the end of 2015.

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