AT&T, Blackrock Plan To Grow Gigapower, Look For Opportunities To Expand Fiber Footprint Beyond The Initial 1.5M Locations Announced In December 2022
Portfolio Pulse from Benzinga Newsdesk
AT&T and Blackrock are planning to expand their Gigapower fiber network beyond the initial 1.5 million locations announced in December 2022. This expansion includes new agreements with four commercial open-access providers to extend AT&T's fiber and 5G services to more areas.
September 09, 2024 | 10:36 am
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POSITIVE IMPACT
Blackrock, as a partner in the Gigapower expansion, may benefit from the growth in AT&T's fiber network and increased service reach.
Blackrock's involvement in the Gigapower expansion could lead to financial benefits from AT&T's increased market reach, positively impacting its stock.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
AT&T is expanding its Gigapower fiber network with new agreements, potentially increasing its customer base and service reach.
The expansion of AT&T's Gigapower network through new agreements with open-access providers is likely to increase its market reach and customer base, positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90