Tag: fiber
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AT&T’s fiber revenue per user to keep sliding as bundle discounts weigh
Oct 21 : AT&T expects average revenue per fiber customer to extend its third-quarter decline into the fourth, as more customers sign up for discounted bundles, suggesting its subscriber-growth strategy is coming at the cost of lower spending per user.The company’s shares fell 6.5 per cent on Wednesday, while
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AT&T signs over $3 billion fiber deal with Corning as data demand surges
Sept 29 : AT&T on Tuesday said it had signed a multi-year deal worth more than $3 billion with Corning to procure fiber and cable, as the telecom giant expands its network to meet surging demand for data.Corning shares rose 3.3 per cent in premarket trading. Fiber network build-out has emerged as a cri
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Amazon, Corning sign multi-billion-dollar deal to boost fiber optics manufacturing in US
June 8 : Amazon said on Monday it has signed a multi-billion-dollar deal with specialty glass maker Corning aimed at boosting U.S. production of optical fiber and connectivity products that are used in data centers. Amazon, however, did not disclose any further financial details on the partnership.Sha
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