Fri, December 23, 2022 at 7:49 AM EST
(Reuters) - Wireless carrier AT&T Inc and fund manager BlackRock Inc are forming a joint venture to operate a fiber-optic platform in the United States, the companies said on Friday. The venture, Gigapower LLC, plans to deploy its network to an initial 1.5 million customer locations outside of AT&T's traditional 21-state wireline service presence, they said.
The companies said they would jointly own and govern Gigapower, but did not disclose additional deal terms.
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