Broadband Breakfast Insight: The need for speed is here, and is here to stay. You don’t build a next century network to accomodate the current capacity, but the capacity that people are going to be using. Here is more evidence that the future is coming sooner rather than later.
AT&T says 30% of FTTH subs are purchasing 1 Gbps speeds
AT&T says more of its customers are purchasing higher speeds of 100 Mbps to 1 Gbps in areas where it has built out FTTH services.
The service provider is ahead of its FTTH build-out schedule with 4 million consumers connected to the network today. This illustrates that the telco is getting closer to its goal to serve 12.5 million locations with fiber-based broadband service.
John Stephens, SVP and CFO of AT&T, told investors during its fourth-quarter earnings call that while not every consumer wants 1 Gbps, a growing base of customers are taking this top tier.
“Thirty percent of our customers are taking a Gig,” Stephens said.