AT&T Commits $19B Investment in California's Network
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2026
0mins
AT&T is committing $19B of investment in California's fiber and wireless networks by the end of 2030, building high-speed connectivity, its largest-ever infrastructure investment commitment in the state. The company is investing $3B more in the next five years, 2026-2030, than the previous five, reaching $35B invested over 10 years, 2021-2030, in California's network. In addition to the investment, the company commits to offering affordable options to help Californians get connected, strengthening its workforce statewide, and partnering with organizations across the state focused on closing the digital divide. The $19B commitment includes: bringing fiber to an additional 4 million+ households and businesses in the state by the end of 2030; expanding and strengthening statewide wireless network with additional spectrum and adding more than 1,200 cell sites by the end of 2030. Through this transition, the company expects to save 300 million kilowatt-hours annually by 20301. AT&T is hiring hundreds of technicians to support fiber expansion and copper decommissioning and commits to recruiting, upskilling, and training more skilled technicians needed to build and maintain essential telecommunications infrastructure.
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Analyst Views on T
Wall Street analysts forecast T stock price to rise
15 Analyst Rating
8 Buy
5 Hold
2 Sell
Moderate Buy
Current: 24.880
Low
20.00
Averages
28.27
High
33.00
Current: 24.880
Low
20.00
Averages
28.27
High
33.00
About T
AT&T Inc. is a holding company. The Company is a provider of telecommunications and technology services globally. The Company’s segments include Communications and Latin America. The Communications segment provides wireless and wireline telecom and broadband services to consumers located in the United States and businesses globally. The business units of the Communication segment include Mobility, Business Wireline, and Consumer Wireline. Mobility provides nationwide wireless service and equipment. Business Wireline provides advanced Ethernet-based fiber services, Internet Protocol (IP) Voice and managed professional services, as well as legacy voice and data services and related equipment, to business customers. Consumer Wireline provides broadband services, including fiber connections. Consumer Wireline provides legacy telephony voice communication services. The Latin America segment provides wireless services and equipment in Mexico.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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