"This expanded investment is not expected to materially alter AT&T’s anticipated 2013 capital expenditures."
So, they've had the capability for a while now. They just didn't see any reason to bother with the hassle of deploying a newer technology when they could just keep maintaining U-verse over twisted pair, even if capex stayed the same for either choice. Which is an interesting choice.
To be fair, T's capex expenditures are massive, something like $5 billion per quarter or more. So to 'materially alter', it'd have to be like $3 billion a year or more.
Indeed. And there is the possibility that they just won't move on anything until FY 2014 or later. Though commandar brings up the point that even if they didn't have the capital themselves to deploy fiber, we _did_ give them the capital once and they squandered it.
Interesting how the economic impact of this isn't discussed. They very well could've done this years ago, and given the economy a boost. By not doing this, they hold back the American economy.
As a non-American, I can only imagine the class-action lawsuits...
Not only that, but the telcos were given massive federal subsidies which they were supposed to use to expand high speed internet connectivity and they never really followed through on their end of the deal.
"This expanded investment is not expected to materially alter AT&T’s anticipated 2013 capital expenditures."
So, they've had the capability for a while now. They just didn't see any reason to bother with the hassle of deploying a newer technology when they could just keep maintaining U-verse over twisted pair, even if capex stayed the same for either choice. Which is an interesting choice.