AT&T to Add 3,000 Jobs, Invest Up to $18B
Tuesday, Mar 10, 2009 | Updated 6:30 PM CDT
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AT&T announced Tuesday it will add nearly 3,000 jobs this year and invest up to $18 billion to drive growth.
Dallas-based AT&T said it plans to enhance wireless and broadband networks to provide more coverage.
The capital spending plans are in line with the $17.7 billion AT&T said it spent in 2007, but still below the $19.7 billion it spent in 2008.
AT&T said it will add jobs in 2009 to meet continued demand for broadband services, but will still cut jobs in other areas, as previously announced. The company cited the tough economy and a shift toward wireless and broadband.
AT&T in December said it will cut 12,000 jobs, or about 4 percent of its work force. The job cuts began in late 2008 and will continue throughout 2009.
AT&T also will expand its third-generation, or 3G, mobile broadband service to 20 new markets this year.
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