NEW YORK (AP) – AT&T says it will expand the reach of its U-Verse wired high-speed broadband service and its “4G LTE” wireless broadband network beyond previous plans.
AT&T says it had considered selling off its phone lines in outlying areas, but instead it will expand investments in U-Verse in core areas and try to move customers in outlying areas from copper phone lines to wireless services.
Like other phone companies, AT&T is having a hard time competing with cable companies in home broadband in places where it offers only non-U-verse DSL services. U-Verse is expensive to build out, but puts AT&T on a more equal footing with cable speeds.
U-Verse is available to 24.5 million homes. AT&T says it will expand it to 33 million.
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