Telco to invest US$1b
People walk through the Northshore Mall near an AT&T kiosk in Peabody, Massachusetts in the United States. AT&T Inc yesterday said it would invest US$1 billion to upgrade its business network, services and products for large companies worldwide as well as for small American firms, a sweeping enhancement of its systems as network traffic in global economies migrate from voice to video and data. The investment brings to more than US$4 billion the total that AT&T has spent to upgrade its systems and services for more than 3.5 million businesses since 2006.
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