Monday, February 9, 2004

AT&T Invested $1.9 Billion in New Jersey over 4 Years

AT&T calculates that it has invested $1.9 billion in New Jersey over the past four years. This includes significant investment since 2002, when the New Jersey Board of Public Utilities (BPU) lowered the wholesale rates that Verizon can charge competing local phone companies to serve local New Jersey phone lines. Since then, according to FCC and BPU estimates, well over half a million New Jersey homes and small businesses have taken advantage of phone service options provided by companies other than Verizon.


AT&T said it continues to invest in its telecom infrastructure in New Jersey, including networking facilities that provide advanced telecommunications services to both businesses and consumers across the state. New Jersey is the site of AT&T's first large scale regional marketing trials of new VoIP consumer services, which began in 2003. New Jersey is also home to the AT&T Global Network Operations Center. http://www.att.com