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AT&T Files Franchise in TN

NASHVILLE, Tenn. -- As a direct result of a new state law that encourages statewide video competition, AT&T Inc. (NYSE: T) has announced plans to offer video services in communities across Tennessee and to invest approximately $400 million during the next several years in fiber network upgrades, further broadband deployment and Internet-based technologies to bring new services, including cutting-edge IP based television, to Tennessee consumers.

These upgrades are a direct consequence of House Bill 1421 passed by the Tennessee Legislature and signed into law in May by Gov. Bredesen.

"The Legislature and the governor have created a competitive environment for video services, and consumers are the real winners," said Gregg Morton, president, AT&T Tennessee. "We commend Gov. Bredesen, Speaker Naifeh, Lt. Gov. Ramsey, Comptroller Morgan, Chairman Curtis, Chairman Jones, Rep. McDaniel, Sen. Ketron, Sen. Jackson, Sen. Finney and all of the members of the Tennessee Legislature for their vision."

AT&T Inc. (NYSE: T)

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