They should have been upgrading their antique infrastructure instead of spending billions on unnecessary acquisitions.’
http://biz.yahoo.com/ap/070801/at_t_investment.html?.v=2
http://biz.yahoo.com/prnews/070731/aqtu040.html?.v=23
That’s $600,000,000 budgeted over the next couple years for just 2 states.
It will be interesting to see how much they actually accomplish. I recall when Ed Whitacre announced "Project Pronto", and promised to deploy DSL in many communities. Then he cancelled the project when it was halfway done. "Project Lightspeed" may turn out to be a big flop because it is a half-assed network that won't scale up well.
Verizon is doing a much better job than AT&T. They're actually deploying fiber to the premises.