3 Telecom Stocks Seeing Action: AT&T’s Fiber Fighter, Verizon Ups FiOS Fees, T-Mobile Drops Downpayments

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AT&T (NYSE:T): In the wake of Google’s (NASDAQ:GOOG) announcement that Google Fiber would be coming to AT&T’s home turf of Austin, Texas, AT&T responded by revealing it will upgrade its Austin U-verse infrastructure to offer 1Gbps connections to residents. U-verse with GigaPower — as the company has called it — will initially offer 300Mbps connections to ”tens of thousands of customer locations throughout Austin,” while 1Gbps connections will be offered by mid-2014. Google Fiber is set to launch in Austin in late 2014.

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