AT&T Invests More Than $1.4 Billion Over 3-Year Period to Boost Local Networks in New Jersey
At AT&T1, we invested more than $1.4 billion in our New Jersey wireless and wired networks during 2015-2017. These investments boost reliability, coverage, speed and overall performance for residents and businesses. They also improve critical services that support public safety and first responders.
"New Jersey is a global hub for technology and innovation. To maintain our competitiveness regionally, nationally and globally, we need sound public policies and sustained private sector investment," said, J. Michael Schweder, president, AT&T Mid-Atlantic. "We're continually building and enhancing our infrastructure in the state to help support economic growth and development and connect New Jerseyans to the tools to stay connected and entertained."
The AT&T LTE network now covers more than 400 million people in North America. By building out our 4G LTE network, we're laying the foundation for 5G, the next advance in network technologies. We're boosting network speeds and capacity, as we continue to expand the availability of our network using the latest technology.
Since the formation of the FirstNet public-private partnership a little over a year ago, governors from all 50 states, 5 territories and D.C. recognized the value of FirstNet, joining in its mission to strengthen and modernize public safety's communications capabilities.
FirstNet is a new nationwide communications platform dedicated to America's public safety community. As we build, deploy and evolve FirstNet, we will build upon our current and planned investments in New Jersey to help ensure public safety's network delivers the coverage and cutting-edge capabilities first responders expect – today and for decades to come.
For the 4th year in a row, AT&T earned the top spot in the telecommunications industry on FORTUNE's Most Admired Companies list in 2018. We also placed No. 49 among the 50 most admired companies across all industries.
We were ranked first or second in all 9 attributes reviewed to compile the list, including innovation, people management, quality of management, long-term investment value, quality of products/services and global competitiveness.
1 AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.