AT&T to splash $8.5bn

AT&T announced plans to expand its network throughout the U.S., Europe, the Middle East, Africa, Asia, and Latin America.  The investment will be part of its 2006 CAPEX plan, which the company expects to be between $8 billion and $8.5 billion.  The company’s plans include expanding its remote access points in 150 countries, doubling its DSL coverage for business customers through alliances with local carriers, tripling Ethernet connectivity in countries and enhancing satellite, Wi-Fi and wireless access worldwide

$8.5bn sounds a lot, but I wonder how much is split between the US, EMEA and LA?. As I’m sure that an FTTP roll out in a major US city would swallow a lot of that cash pretty quickly.

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