SBC to Pump $800M into Video and Internet Initiative
Via The Austin Business Journal.
SBC Communications Inc. will invest $800 million in video and high-speed Internet technology in Texas, the San Antonio telecommunications company said Thursday.
During a ceremony in Plano, SBC said it signed a five-year deal with Plano-based Alcatel USA Inc. to provide equipment and video system integration services for SBC's Project Lightspeed. As part of the project, SBC Texas plans to install about 5,500 miles of fiber-optic wire and related network technology throughout the state.
SBC's investment will lay the groundwork to provide video and high-speed Internet access technology over power lines, Gov. Rick Perry says. Texas consumers will be among the first in the country to be able to get high-speed voice, data and video services through power lines, he says.
posted by Fergie @ 11/18/2005 07:20:00 AM
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