AT&T Reiterates Commitment to Step Up U.S. Investment if Competitive Tax Rate Enacted
November 16 2017 - 4:52PM
Business Wire
In recognition of today’s vote by the House of Representatives
to pass the first meaningful tax reform in decades, AT&T today
reiterated its commitment to invest an additional $1 billion in the
United States in 2018 if the House bill is signed into law.
“A permanent corporate tax rate of 20% will stimulate domestic
investment and create jobs for hard working Americans. If this bill
becomes law, we’ll increase our investment in 2018 to accelerate
our fiber deployment to bring high speed internet to more U.S.
homes and businesses.”
“I appreciate the commitment and hard work by the House, Speaker
Ryan and Chairman Brady to implement tax reform that will spur
economic growth in the United States,” said Randall Stephenson,
AT&T Chairman and CEO.
Since 2012, AT&T* has invested more in the United States
than any other public company.1 Based on research, every $1 billion
in capital invested in the telecom industry creates about 7,000
jobs for American workers.
*About AT&T
AT&T Inc. (NYSE:T) is a holding company. AT&T products
and services are provided or offered by subsidiaries and affiliates
of AT&T Inc. under the AT&T brand and not by AT&T
Inc. Additional information about AT&T Inc. is available
at about.att.com.
© 2017 AT&T Intellectual Property. All rights reserved.
AT&T, the Globe logo and other marks are trademarks and service
marks of AT&T Intellectual Property and/or AT&T affiliated
companies. All other marks contained herein are the property of
their respective owners.
Cautionary Language Concerning Forward-Looking
Statements
Information set forth in this news release contains financial
estimates and other forward-looking statements that are subject to
risks and uncertainties, and actual results might differ
materially. A discussion of factors that may affect future results
is contained in AT&T’s filings with the Securities and Exchange
Commission. AT&T disclaims any obligation to update and revise
statements contained in this news release based on new information
or otherwise.
1 Between 2012 and 2016, AT&T’s total investment in the
United States, including capital investment and acquisitions of
spectrum and wireless operations, was nearly $135 billion — more
than any other public company.
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version on businesswire.com: http://www.businesswire.com/news/home/20171116006471/en/
AT&T Global Media RelationsErin McGrath,
214-862-0651erin.mcgrath@att.com
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