AT&T: 'We Won't Need Fiber-to-the-Home Network'
Top phone company AT&T Inc. shrugged off concerns on Tuesday that it would need to build a more expensive, all-fiber network to handle an expected surge in high-speed Internet and video traffic.
AT&T is currently upgrading its networks to deliver an Internet-based video service called U-Verse to compete with cable companies.
But unlike No. 2 player Verizon Communications, which is launching a similar service by building a "fiber to the home" network, it is making use of existing copper lines to save costs.