a TNT announced that its fiber customers in
more than 70 metro areas such as Los Angeles
Atlanta and Dallas will be able to take advantage of two gig to five gig speed tiers.
That's fast.
The average home internet speed is around 42 megs
and one gig is
1000 megs. So you do the math.
Now, while the initiative currently benefits nearly 5.2 customer locations,
the company says it is aiming to cover 30
million customer locations by the end of 2025,
treating us now is a TNT consumer Ceo, thaddeus, Arroyo and thaddeus.
Those are some legit speeds at two gigs and five gigs.
So could you take us through the new offering?
What sort of speed users will experience that previously was not
on the market either by A T and T or other
competitors?
Sure, ken, and thanks for having me on today, you know,
we're off to a great start this year and
I'm excited to share an important milestone today around
the customer's future internet experience that they're gonna have with a T and T
today and into the future.
You know,
we already know that the internet's court everything that
we do in our professional and personal lives and
that being connected has never been more important than it is today.
And at a T and T.
We're leading the way into this next generation of connectivity in what
we're doing with five G and fiber and I'm pleased to share,
you know that our fiber based services just got better with
the launch of our two new uh faster fiber tears.
what we're calling
is our multi gig speed tiers are two gig and our five gig speed options on a TNT fiber,
you know, this is going to redefine, you know how we all experience the internet,
it's going to continue to drive innovation across many industries from gaming to
education and even remote work and all the way up to entertainment,
you know, and there's a lot to unpack today, you know,
from a customer's perspective, you know, we're offering now true multi gig speeds
And the first to do this on such a broad footprint,
5.2 million customers can have this today.
And the speeds that I'm talking about are symmetrical speeds.
What it means is the same speed up and the same speed down.
And at the same time we've also attached now to all of our fiber footprint,
simple and straightforward pricing
you know, think of this as a price that's not going to increase at 12 months.
It has no annual contract, no data caps and no equipment fees.
And all of this comes wrapped in advanced security features that we
offer with a T and T internet security powered by active armor,
you know, a TNT fiber,
what this announcement really means is that a TNT fiber
is the fastest internet now among major internet providers.
It's a total win. And we really like where we stand our multi gig fiber launch.
It's part of our mission to become the best connectivity provider in America.
You know whether you're at home or whether you're on the go by combining now
the most reliable five G network now
with the nation's fastest growing fiber network.
Our customers are gonna have seamless simplified
experience from one company from AT&T.
Now, thaddeus, how did A. T.
And T choose which cities to introduce on this to this product?
Because I noticed that new york is not on the list,
Connecticut is not on the list and some of those,
both those states do have fiber when it
comes to Verizon Comcast in certain situations.
So why why did you pick the places you picked?
Well sure.
Well first if you think about where we're deploying it today,
we've announced that we're launching this in more than
70 metro areas across the 21 ST footprint that
we serve today and we pass over 16 million
customer locations today with fiber 5.2 million of those
We're launching today. And over the course of 2022
will rapidly continue to retrofit the rest of the base.
And importantly now is as we build out,
we've talked about building out to cover 30 million homes and businesses
by the end of 2025 we're going to continue to ensure that every
new location that we stand up has this multi gig capability while
we continue to go and retrofit what we've done in the past,
we're committed to delivering reliable high speed broadband across the country.
You know,
it's the core of all of our networks and were
dense if eyeing our fiber footprint building the largest markets.
So think of us starting in the largest markets that we serve today
and our teams are actively though building out fiber to extend everywhere.
We've historically built fiber and where we are now going to take it
as we build out to the next the homes that we have planned.
So how much is the two gig and five gig tears?
Yeah.
So if you look at it today, um, and you look at, you know from a pricing perspective,
the two gig plan will run $110 a month plus taxes
and the five gig plan is going to be 180.
But I think what's important to consider is, you know,
our speed tears began at 300 meg and that starts at 55.
So we have a full myriad of offering and importantly, you know,
all of our fiber tears today.
They come with no data limits.
They come with no annual contract,
no price increase and they include the equipment.
So we think it's a great value proposition
but we're now really paving the way into the future now when you think about the
speed and capability that we're bringing to homes
with this two gig and five ft alternative.
So when it comes to its $108 and its two
gigs and then it obviously goes up to about 25 gigs
Currently pay, I'm currently paying about $70,
for a gig up. Kick down.
Do you think that in the future A TNT will start packaging
this home service with their wireless service to help decrease
the amount that folks can see on their bill.
Yeah, so if you look at how we offer our services today, you know,
we clearly position ourselves in a way that you know those customers that we they,
we can serve in the home where we can serve out of the home,
they get their best value proposition when they consume both of
our services and we're going to continue to lean in with
that and so your best value will always come when you
let us be the only connectivity provider that you need.
Alright.
Darius Arroyo, listen to G five G.
I am here for it, I am so happy you guys are doing this. A T T Consumer Ceo,
thaddeus Arroyo, please keep bringing the speeds to us,
we'll take them any way we can,
I appreciate your time