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AT&T investing $14 billion in broadband
AT&T announced last week plans to invest $14 billion over the next three years to significantly expand and enhance its wireless and wireline IP broadband networks to support growing customer demand for high-speed Internet access and new mobile, app and cloud services.
The investment plan — Project Velocity IP (VIP) — expands AT&T's high-potential growth platforms, helping drive continued increases in revenues from existing and new products and services, and earnings per share, according to the company.
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