AT&T’s fiber-to-the-home service grows by 57 percent in one year

AT&T’s fiber-to-the-home (FTTH)  service grew by 1.1 million customers or an impressive 57 percent last year, according to MoffettNathanson analyst Craig Moffett. AT&T plans to gain 50 percent market share within three years in the regions that it offers FTTH. “Our growth agenda is on fiber and our entertainment group, and on the AT&T TV product that will be offered nationwide,” said AT&T Communications CEO, Jeffrey McElfresh.

Ubiquitous fiber deployment is necessary to close the digital divide, create a competitive broadband marketplace, and prepare for next-generation wireless networks. As of December 31, 2017, only 13 million of the 99 million wired Internet connections to residential customer locations were fiber. Fiber deployment is not only important to communities, it is essential to the United States’ competitiveness in the global, digital age.

Links:

AT&T Will Grow on Fiber Diet (Multichannel, Dec. 16, 2019)

Reply Comments of Communications Workers of America (FCC, Dec. 9, 2019)