AT&T and Corning Sign Multi-Year Optical Fiber and Cable Supply Agreement Worth Over $3 Billion
AT&T announced a multi-year optical fiber and cable supply agreement with Corning with a total contract value of more than $3 billion. Corning will continue delivering fiber and cable for AT&T's home broadband expansion. AT&T said average monthly traffic per fiber user has surpassed 1TB, five times the 2016 level.
Why we recommend it: The original article gives the contract value and user traffic growth, helping to understand the scale of fiber demand driven by AI and video