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Telecom & Wireless

AT&T to Move Super-Fast Fiber to 38 Cities

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By Douglas A. McIntyre Updated Published
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AT&T to Move Super-Fast Fiber to 38 Cities

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The battle among telcos, satellite providers and cable companies to deliver ultra-fast Internet has just gotten another wrinkle. AT&T Inc. (NYSE: T) will make its super-fast fiber product available in 18 new cities. That puts it in a contest with local cable, at least. And it may start the kind of price war that is the staple of wireless 4G competition.

The announcement is also bad news for traditional television programmers, which include content providers that range from local news to ESPN. So-called cord cutters have dropped these services as they have walked away from cable and used broadband to pick which content they want without buying program bundles. Broadband Internet services are the key to the ability for consumers to do this.

In AT&T’s consumer blog:

This morning we announced plans to expand AT&T GigaPower to 38 additional metros, starting with the launch of service in parts of the Los Angeles and West Palm Beach metros today. This is another step on our journey to bring our ultra-fast fiber network to reach more than 14 million locations. This will bring us to at least 56 metros where AT&T GigaPower is available or planned.

The cities are:

  • Alabama: Birmingham, Huntsville, Mobile and Montgomery
  • Arkansas: Fort Smith/Northwest Arkansas and Little Rock
  • California: Bakersfield, Fresno, Los Angeles, Oakland, Sacramento, San Diego, San Francisco and San Jose
  • Florida: Pensacola and West Palm Beach
  • Georgia: Augusta
  • Indiana: Indianapolis
  • Kansas: Wichita
  • Kentucky: Louisville
  • Louisiana: Baton Rouge, Shreveport-Bossier, Jefferson Parish region and the Northshore
  • Mississippi: Jackson
  • Missouri: St. Louis
  • Michigan: Detroit
  • Nevada: Reno
  • North Carolina: Asheville
  • Ohio: Cleveland and Columbus
  • Oklahoma: Oklahoma City and Tulsa
  • South Carolina: Charleston, Columbia and Greenville
  • Tennessee: Memphis
  • Texas: El Paso and Lubbock
  • Wisconsin: Milwaukee

Whether this movement of more fiber for more households undermines cable and satellite based content channels is no longer a matter of conjecture. What is left is how many viewers channels like ESPN can hold as consumers have new ways to pick and choose content, in a way that presumably saves money.
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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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