AT&T Seeks Investors to Expand Fiber Optic Network
Telecommunications company AT&T Inc is in talks to form a joint venture that will invest billions of dollars to expand its fiber network, Bloomberg News reported.
According to the report, AT&T is working with Morgan Stanley to bring an infrastructure partner to the venture, which is expected to be valued at $10-15 billion.
Discussions with investors are at an early stage and could still fall apart, according to Bloomberg News. The news agency also says that AT&T may find a partner both this year and later in 2023.
Recommended
Energy and Precious Metals Market events for February 2-3, 2023
2 February 2023
Last year recorded an increased demand for gold up to the levels of 2011
1 February 2023
Exxon Mobile is criticized for $56 billion profit
1 February 2023
White House Supports Alaska Oil Project
1 February 2023
Aluminum buyers from Japan agreed to pay extra charges in the first quarter
1 February 2023
Top news
Nothing found