AT&T has officially been selected as the commercial partner that will build and maintain a nationwide public safety LTE network for the First Responders Network Authority.
AT&T CEO Randall Stephenson joined federal officials as the news was announced Thursday morning and told the crowd that starting this fall, AT&T will be spending $40 billion of its own money on the FirstNet network — in addition to the $6.5 billion that it will receive from FirstNet for the build. AT&T spends about $20 billion per year on network capital expenditures ($22.4 billion in capex in 2016, according to its annual report); a press release from FirstNet clarified that A&T will spend the $40 billion “over the life” of the 25-year contract.
Secretary of Commerce Wilbur Ross said that the public-private partnership is expected to create 10,000 jobs in the first two years of the contract, and that the FirstNet network “will change an untenable status quo by providing first responders with the tools they need to keep us safe. Today is a landmark day for public safety.”
AT&T wins FirstNet network contract - RCR Wireless News
AT&T CEO Randall Stephenson joined federal officials as the news was announced Thursday morning and told the crowd that starting this fall, AT&T will be spending $40 billion of its own money on the FirstNet network — in addition to the $6.5 billion that it will receive from FirstNet for the build. AT&T spends about $20 billion per year on network capital expenditures ($22.4 billion in capex in 2016, according to its annual report); a press release from FirstNet clarified that A&T will spend the $40 billion “over the life” of the 25-year contract.
Secretary of Commerce Wilbur Ross said that the public-private partnership is expected to create 10,000 jobs in the first two years of the contract, and that the FirstNet network “will change an untenable status quo by providing first responders with the tools they need to keep us safe. Today is a landmark day for public safety.”
AT&T wins FirstNet network contract - RCR Wireless News