AT&T Plans 1Gig Service in Austin

AUSTIN, Texas -- AT&T Inc. (NYSE: T) said today that it is pleased to see local communities and municipalities acknowledging the promise and power of economic development associated with telecommunications investment. "Most encouraging is the recognition by government officials that policies which eliminate unnecessary regulation, lower costs and speed infrastructure deployment, can be a meaningful catalyst to additional investment in advanced networks which drives employment and economic growth," said Randall Stephenson , AT&T chairman and CEO. Today, AT&T announced that in conjunction with its previously announced Project VIP expansion of broadband access, it is prepared to build an advanced fiber optic infrastructure in Austin, Texas, capable of delivering speeds up to 1 gigabit per second. AT&T's expanded fiber plans in Austin anticipate it will be granted the same terms and conditions as Google on issues such as geographic scope of offerings, rights of way, permitting, state licenses and any investment incentives. This expanded investment is not expected to materially alter AT&T's anticipated 2013 capital expenditures. AT&T Inc.