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AT&T is planning to invest an additional $1 billion into its US networks in 2018 and give hundreds of thousands of employees a one-time bonus after the passage of the new tax bill. Comcast is doing something similar: the company will be giving out $1,000 bonuses to “eligible frontline and non-executive employees.”
A wave of new broadband spending next year could increase the industry's overall investment numbers, giving ammunition to industry and FCC officials who predicted that the deregulation would accelerate upgrades to the nation's Internet infrastructure. The bonuses also come as a number of Internet providers, including Comcast and DirecTV, the television provider owned by AT&T, announced price hikes for their broadband and cable TV packages that are expected to start next year.
A wave of new broadband spending next year could increase the industry's overall investment numbers, giving ammunition to industry and FCC officials who predicted that the deregulation would accelerate upgrades to the nation's Internet infrastructure. The bonuses also come as a number of Internet providers, including Comcast and DirecTV, the television provider owned by AT&T, announced price hikes for their broadband and cable TV packages that are expected to start next year.