AT&T to pump nearly $50 billion into its networks

Born-again telco AT&T plans to spend eye water-watering sums of money on fibre and 5G, as it prepares for life after WarnerMedia.
The US operator said in a strategy update late last week that it wants to double its fibre footprint to more than 30 million locations, at an annual rate of 3.5-4 million. It also plans to offer 120 MHz of mid-band 5G coverage to more than 200 million people by the end of 2023, complementing its existing 5G footprint, which currently reaches more than 255 million.