AT&T to build 4 undersea cables to expand its network

AT&T, USA's top phone company is planning to invest $1 billion in building four undersea cables to Japan and rest of Asia in order to expand its network services; senior company officials have said.

The bulk of this investment will be outside the United States, where AT&T in 2007 spent $750 million of its total investment of about $18 billion, Greg Brutus, a spokesman for AT&T Asia Pacific region, told reporters in the Indian capital, New Delhi, reports #-Link-Snipped-#.

The company will initially offer virtual private local area networks over ethernet in 14 cities in Europe and Asia and will have a presence in 29 countries by the end of the year, AT&T said in a statement.