Aiming at expanding its portfolio of network-based services and solutions, the communication technology enabler AT&T is planning to invest approximately $1 billion in 2009, of which a part of the money will be infused in India, the fastest growing market for the company in terms of revenue. The company's new investment is spurred by continued demand for business applications made possible by high-speed communication networks and mobile devices worldwide. AT&T's India operation will see a number of significant enhancements in the areas of network infrastructure, services, and support.
AT&T's global investment will be used mainly for the deployment of new subsea fiber optic cable capacity to Alaska, Australia, the Asia-Pacific region, India, Puerto Rico, the Caribbean, and on the trans-Atlantic routes to Europe. The company has also plans to enhance managed IP telephony and local area network (LAN) services in China, India, Philippines, Thailand, and Malaysia.