AT&T bags new deal with a major real estate developer to offer gigabit service to another 1,800 high-end apartments in five large US markets.

Alan Breznick, Cable/Video Practice Leader, Light Reading

February 24, 2016

2 Min Read
AT&T Targets MDUs for GigaPower

Seeing the rapid growth in apartments and rental properties in the US, AT&T is placing an increasing emphasis on pursuing that market with gigabit broadband service.

In the latest sign of this emerging Gigabit Cities strategy, AT&T Inc. (NYSE: T) announced Wednesday that it has inked a pact with Novare Group, a big commercial real estate developer, to offer 1 Gig service over fiber lines to more than 1,800 SkyHouse apartment units. These high-end apartments are spread across five properties in the Atlanta, Charlotte, Dallas, Houston and Nashville metro areas.

These GigaPower deployments will come on top of AT&T's existing gigabit service to more than 2,500 other SkyHouse apartment units in Sun Belt markets. Those high-end apartment complexes are spread across eight properties in the Atlanta, Austin, Charlotte, Dallas, Orlando and Raleigh/Durham areas.

Want to learn more about Gigabit Cities? Join us for Light Reading's second annual Gigabit Cities Live event taking place this year on April 5 in Charlotte, NC.

Look for more of these types of deals as AT&T scrambles to be the first, if not the exclusive, gigabit service provider to the growing MDU market and generally expands its GigaPower footprint in the face of competition from Google Fiber Inc. , Comcast Corp. (Nasdaq: CMCSA, CMCSK) and other major broadband providers. The big telco now offers GigaPower service to more than 1 million homes and business locations in about 20 major markets. Plans call for expanding that reach to another 36 metro areas and more than doubling GigaPower's network footprint by the end of this year. (See AT&T Expands GigaPower to 38 New Metros and Gigabites: AT&T to Out-Gigabit Google in 2017.)

— Alan Breznick, Cable/Video Practice Leader, Light Reading

About the Author(s)

Alan Breznick

Cable/Video Practice Leader, Light Reading

Alan Breznick is a business editor and research analyst who has tracked the cable, broadband and video markets like an over-bred bloodhound for more than 20 years.

As a senior analyst at Light Reading's research arm, Heavy Reading, for six years, Alan authored numerous reports, columns, white papers and case studies, moderated dozens of webinars, and organized and hosted more than 15 -- count 'em --regional conferences on cable, broadband and IPTV technology topics. And all this while maintaining a summer job as an ostrich wrangler.

Before that, he was the founding editor of Light Reading Cable, transforming a monthly newsletter into a daily website. Prior to joining Light Reading, Alan was a broadband analyst for Kinetic Strategies and a contributing analyst for One Touch Intelligence.

He is based in the Toronto area, though is New York born and bred. Just ask, and he will take you on a power-walking tour of Manhattan, pointing out the tourist hotspots and the places that make up his personal timeline: The bench where he smoked his first pipe; the alley where he won his first fist fight. That kind of thing.

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