AT&T Weaves More Fiber

AT&T Fiber said its FTTP network and 1 Gbps broadband service will reach 51 major metros by the end of the month following launches in a handful of additional markets.

That latest batch of launches includes parts of Columbia, S.C.; Jackson, Miss.; Knoxville, Tenn.; Milwaukee, Wis.; and Shreveport, La.

AT&T Fiber, recently rebranded from AT&T GigaPower, said it now offers 1-Gig connections to nearly 4 million customer locations, of which about 650,000 are apartments and condo units.

Speaking on AT&T’s recent earnings call, company CFO John Stephens said AT&T is “ahead of plan” with the company’s FTTP buildout, citing the 4 million current locations, with 12.5 million locations still being targeted by the buildout.

He said broadband penetration is 9% higher in FTTP markets versus AT&T’s non-fiber footprint, and that about half of new broadband subs in fiber markets take speeds of 100 Mbps or more, and 30% are taking 1 Gig.