Telecommunications giant AT&T will spend more than $750 million in 2007 to expand its global communications network for corporate customers, an 89% boost over last year, as customer companies increasingly do business abroad, a Reuters report said.
The Reuters report said the top
The announcement comes amid increased demand for Internet-based telephone services and other communications services in China, India, and other emerging markets where many of AT&T's corporate customers have operations, the Reuters report said.
The company said the global investment would focus on high-growth economies in Asia , the Middle East and Latin America, as well as some developed markets in Europe, the report added.
AT&T also said it would invest in opening new Internet data centers in the US and building new Internet, long-distance and mobile access in a greater number of countries, the report further said.