BARCELONA, Spain, Feb. 28, 2017 /PRNewswire/ -- AT&T* is continuing its long-standing history of investing to deliver integrated solutions to business customers. The company expects its 2017 capital expenditure to be in the US$22 billion range, which will bring its 2-year total to more than US$40 billion. More than 40 percent of that 2-year total will help AT&T expand and enhance its portfolio of smart, agile, mobile and integrated business solutions worldwide.
This follows a historic 2016 that included:
Our commitment to software-defined networking and data analytics are enabling us to improve capital efficiency while continuing to drive further innovation as the leader in delivering global business solutions.
"As a leading integrated service provider, we have a great responsibility to deliver the future first for millions of business customers around the world," said Thaddeus Arroyo, chief executive officer, AT&T Business Solutions & International.
"Our investments are designed to help us provide customers modern network experiences and integrated solutions that are data-powered and software-designed for a new technology empowered generation," he said.
The targeted investment plans for 2017 include enhancing and expanding our innovative platforms and solutions.
"Businesses are seeking agility in 3 areas. They want operational efficiency, an empowered workforce and highly secure networking. Our smart solutions meet all of these needs and more," said Steve McGaw, chief marketing officer, AT&T Business Solutions.
"We're investing in our network and capabilities, as shown by the more than US$9 billion we spent last year, to meet the evolving needs of our business customers today and tomorrow. They see the value in our company's transformation. We're transforming not just ourselves, but the industry and the experiences we deliver quickly and efficiently," he said.
Our business customers include nearly all the Fortune 1000 companies. We also serve more than 60 percent of the FTSE 100 companies, 90 percent of the CAC 40 companies, over 85 percent of the DAX 30 companies and over 60 percent of the Nikkei 225 companies. We have thousands of dedicated employees in nearly 60 countries working to support our global operations.
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*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
AT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, business, mobile and high speed internet services. We offer the nation's best data network* and the best global coverage of any U.S. wireless provider.** We're one of the world's largest providers of pay TV. We have TV customers in the U.S. and 11 Latin American countries. Nearly 3.5 million companies, from small to large businesses around the globe, turn to AT&T for our highly secure smart solutions.
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*Claim based on the Nielsen Certified Data Network Score. Score includes data reported by wireless consumers in the Nielsen Mobile Insights survey, network measurements from Nielsen Mobile Performance and Nielsen Drive Test Benchmarks for Q3+Q4 2016 across 121 markets.
**Global coverage claim based on offering discounted voice and data roaming; LTE roaming; and voice roaming in more countries than any other U.S. based carrier. International service required. Coverage not available in all areas. Coverage may vary per country and be limited/restricted in some countries.
Cautionary Language Concerning Forward-Looking Statements Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.