AT&T to Build Broadband Services Outside Its Current Markets

AT&T will launch broadband services in states it doesn’t currently serve by forming a joint venture with BlackRock to fund the rollout of fiber-optic networks in new markets. The venture with BlackRock Alternatives will be called Gigapower LLC and aims to reach an initial 1.5 million customer locations across the US. The companies didn’t disclose the financial terms of the deal or the states they would seek to serve. The joint venture will be in addition to ATT's current goal of reaching more than 30 million fiber locations, including businesses, by the end of 2025. 

[12/23/2022]