AT&T Bulks Up for Business

AT&T said it will invest nearly $10 billion this year on its integrated solutions for businesses around the world.

But even with that big number factored in, AT&T continues to expect its overall capital investment for 2016 to be about $22 billion.

AT&T’s new, business services-facing, targeted investment plan includes the integration of more than 6,000 kilometers of Mexico fiber currently supporting the wireless operations into the AT&T wireline network. It will also include the expansion of the company’s software platform that lets customers rapidly change or add network services, a broadening of dedicated Internet of Things networks in Europe and the U.S. for things such as connected cars, fleets, and utility meters.

“Business is moving faster than ever and companies around the world need to be agile to quickly adapt to changing markets,” Ralph de la Vega, vice chairman of AT&T and CEO of the company’s Business Solutions & International unit, said in a statement. “Our industry-leading network and innovative platforms give them the tools to do just that — where they want it and how they want it—around the globe.”