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AT&T plans $1 billion investment in enterprise cloud services

AT&T will allocate $1 billion of its capital spending budget to focus on its cloud computing services for companies and expand small business services.
Written by Larry Dignan, Contributor

AT&T said Tuesday it will allocate $1 billion of its capital spending budget to focus on its cloud computing services for companies and expand small business services.

The 2010 enterprise investment (statement), which is part of the $18 billion to $19 billion, includes the following:

  • Scaling application services such as hosting, cloud services, telepresence and unified communications.
  • Mobile applications for the enterprise.
  • Vertical-specific targeting such as applications for finance, retail, manufacturing, healthcare, government and education.
  • Small business platforms across its footprint. AT&T will also increase its broadband speeds to 24 Mbps where possible.

AT&T will also expand its global network, including IPv6, and gigabit Ethernet access in Europe, Asia Pacific and Central and Latin America.

Also: AT&T earnings: E-readers, iPhone, netbooks propel wireless subscriber gains

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