Business Services Industry
SBC Communications Maps Upgrade for High-Speed Internet Access.
Knight Ridder/Tribune Business News, October, 1999 by Healey, Jon
Knight Ridder/Tribune Business News
Oct. 16 -- SBC Communications Inc., parent of Pacific Bell and now the country's largest local telephone company, plans a multibillion-dollar network upgrade to give more customers high-speed access to the Internet and other advanced services.
The upgrade -- estimated to cost $6 billion over the next three years -- will enable SBC to bring high-speed connections to 80 percent of the homes in its region by 2002, according to people familiar with the company's plans. The improvements also will provide a platform for high-tech voice and video services, such as movies on demand and video conferencing through personal computers.
The plans, which are expected to be announced Monday, are the latest sign of how...
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