In order to meet up with the required standard and as well challenge their contemporaries, AT & T and Sprint are making serious efforts to upgrade the level of their different networks. This move we heard is in anticipation what the two companies intend to achieve in the next three years to come.
According to AT&T, a huge sum of $14 billion is already mapped out for the forthcoming project. The money will be used to upgrade the standard of their wireline and wireless broadband networks. Meanwhile, AT&T also has the plan to make use of its 4G LTE network in 2014 in order to ensure that it will reach up to three million people.
We further heard that AT&T’s wireless broadband will consume $8 billion out of the $14 billion mapped out for the network improvement; the wireline will receive $6 billion. Conversely, the overall money to be spent in three years to come will reach $22 billion.
AT&T, according to a reliable source, has a special plan to accomplish at the end of 2015. The company plans to make use of fiber optic lines just to make sure that it controls not less than one million consumers who will join the old consumers in patronizing AT&T network.
When asked of the company’s profits after investing heavily, AT&T’s response gave us the conclusion that the essence of the investment is mostly to improve the standard of the company than to make quick profit.
On the side of Sprint, it is going to spend $480 million in order to buy the PCS spectrum from US Cellular. When put together with Sprint’s 4G LTE network, the purchased spectrum will surely make it possible for the company to cover properly the whole of US Midwest.