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AT&T updates its 5G and FTT rollout plans

AT&T confirmed plans to roll out mobile 5G service in a dozen U.S. markets by late 2018, making it the first U.S. carrier to do so. The initial launch is aimed at consumers. Trials of 5G business applications are also planned this year.

The company also updated its plans in the following areas:

AT&T to boost CAPEX by $1 billion, issue $1,000 bonus to 200K employees

In recognition of the new tax reform legislation, AT&T announced plans to boost its 2018 CAPEX by $1 billion and to pay a special $1,000 bonus to more than 200,000 of its U.S. employees — all union-represented, non-management and front-line managers.

“Congress, working closely with the President, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world,” said Randall Stephenson, AT&T chairman and CEO. “This tax reform will drive economic growth and create good-paying jobs. In fact, we will increase our U.S. investment and pay a special bonus to our U.S. employees.”

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