AT&T has lined up an expanded fiber deal with Corning. Based on the new deal, Corning is ramping up optical cable manufacturing in North Carolina, investing $150 million and initially adding 200 jobs.
The two companies said that the fiber deal encompasses both broadband expansion and acceleration of 5G deployments. Broadband expansion is a high priority across the federal government and the states, with billions of dollars in the mix as the pandemic has forced broadband into an even higher infrastructure priority to connect new customers or upgrade the speeds consumers are able to access.
