On Wednesday, AT&T announced a plan to invest $14 billion in expanding its wireless and U-Verse service around the country. At the same time, the company submitted a petition to the Federal Communications Commission asking for an end to the "conventional public-utility-style regulation."
AT&T said it would expand its fiber-to-the-node (FTTN) product to 22 states, which would include 75 percent of "customer locations." The rest of the country would be served by the expansion of its 4G LTE network, which AT&T says would reach 300 million Americans (nearly the whole country) by the end of 2014.
With the company's announcement, it also filed a request for regulations restricting AT&T's business to be dropped. The document calls AT&T’s new investments a step towards the National Broadband Plan.
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