• AT&T, BlackRock to form commercial fiber-optic platform [telecom]

    From Bill Horne@21:1/5 to All on Fri Dec 23 10:06:28 2022
    Fri, December 23, 2022 at 7:49 AM EST

    (Reuters) - Wireless carrier AT&T Inc and fund manager BlackRock Inc are forming a joint venture to operate a fiber-optic platform in the United
    States, the companies said on Friday. The venture, Gigapower LLC, plans
    to deploy its network to an initial 1.5 million customer locations
    outside of AT&T's traditional 21-state wireline service presence, they said.

    The companies said they would jointly own and govern Gigapower, but did
    not disclose additional deal terms.

    https://finance.yahoo.com/news/t-blackrock-form-commercial-fiber-124928785.html

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