AT&T Inc. (NYSE:T) boasts $350 million investment in Minnesota

334

AT&T Inc. (NYSE:T) has revealed that it has invested more than $350 million in Minnesota to expand the local networks.

The company claims that it invested more than $350 million between 2013 and 2015, and the invested funds were used to upgrade the wired and wireless networks in the state. The upgrades were geared towards improving speed, coverage, and reliability of the networks as well as their overall performance for businesses and residents. The firm also worked on critical services that are designed to foster public safety. The company made 419 wireless upgrades during the three-year period.

AT&T also added new cell sites that improved its capacity and widened the company’s capacity to host more traffic. Last year, the firm carried out a large scale upgrade to its Distributed Antennae System located at the TCF Bank Stadium. The mobile carrier claims that the stadium now has the capacity to handle more traffic with more efficiency especially now that the number of dedicated antennas has been increased by 70%.

Ciff Rosenberger, the company’s representative at the Ohio House, gave AT&T a thumbs up for the good job and pointed out that there is a need for firms to place more emphasis on innovative solutions. The telecommunications company’s efforts have also been acknowledged by Fortune magazine for the second consecutive year in 2016. AT&T is ranked 48th in the list of the top 50 most admired companies in the world. It is the only communications firm on the list, and it had impressive scores in the nine attributes that include the quality of products and services, financial soundness, and innovation among others. The companies listed by Fortune are mostly based on reputation and performance.

AT&T also state that it has big plans this year which involve giving users access to video services from DIRECTV (NASDAQ:DTV) on wireless or wired connections of any device that can stream media. The company further added that the service will not need set top boxes, satellite dishes or annual plans.

An ad to help with our costs