AT&T Will Spend $250 Billion on Network; HP Enterprise Rises; TSMC Sales Jump 30%
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- AT&T (T) said it will spend more than $250 billion in the next five years to build out its infrastructure in the U.S., setting up the company to more than double its annual investment in a battle for subscribers with its two largest competitors. The investments will focus on high-speed fiber connections and expanding wireless and satellite coverage, the Dallas-based telecommunications company said in a statement on Tuesday. AT&T deployed about $21 billion in capital spending last year, according to its…
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