American telecom network operator AT&T announced that it plans to invest nearly $10 billion in 2016 to deliver integrated business solutions worldwide.
The total Capex (capital expenditure) of AT&T, which competes with Verizon in the global enterprise markets, will be in the $22 billion range in 2016, as announced earlier.
AT&T will make investment to deliver global solutions and will enhance the company’s network and capabilities to enhance the customer experience, including service delivery and support. AT&T will expand its innovative platforms and launch new solutions in more places.
“Businesses need flexibility to drive a long-term strategy and pivot to maximize short-term opportunities,” said Ralph de la Vega, vice chairman of AT&T and CEO of Business Solutions & International.
The US-based technology major will integrate more than 6,000 kilometers of Mexico fiber currently supporting the wireless operations into the AT&T wireline network in Mexico.
The wireless operator will be investing in more global network nodes and add sellers focused on selling business solutions in Mexico. This is in addition to the $3 billion investment announced in 2015 to extend mobile Internet service to Mexico, covering 100 million consumers and businesses in Mexico by 2018.
AT&T will bring secure wireline and wireless network connectivity to more cities around the world.
The mobile operator will expand “network on demand,” its software-centric platform.
AT&T will expand Internet of Things (IoT) networks in Europe and the U.S. to connect assets in different industries, like connected cars, fleets, shipping containers, utility meters, air cargo and heavy equipment.
Targeting cloud providers, the company will add new features to AT&T NetBond and expand in Asia-Pac, EMEA, U.S. and Canada.
AT&T’s business customers include nearly all of the Fortune 1000 companies. It also serves 59 percent of the FTSE 100 companies, more than 90 percent of the CAC 40 companies, over 85 percent of the DAX companies and over 60 percent of the Nikkei 225 companies.