AT&T Inc. (NYSE:T): $600 Million Worth Of Investment For Voluntary Disaster Preparedness


Dallas, Texas 05/29/2014 (FINANCIALSTRENDS) – AT&T Inc. (NYSE:T)’s Network Disaster Recovery program, with investment of more than $600 million, is the largest and most advanced disaster programs in the U.S. The program aims to maintain and restore the AT&T Global network by being prepared to respond natural disasters as and when they strike. The program is also certified by the Homeland Security department for voluntary disaster preparedness by the private company. The program is equipped with more than 300 technology and equipment trailers to ensure network reliability during disasters so as to allow emergency management officials as well as consumers and businesses to stay connected during severe conditions.

Operations Efficiency

AT&T Inc. (NYSE:T)’s Network Disaster Recovery team works in close coordination with many other response teams including Local Response Centers, Emergency Operations Centers and local AT&T network personnel to support network facilities and resources in the storm impact area. In the event of disaster, teams get into action to maintain and restore temporary service until permanent repairs could be executed.

As a part of Network Disaster Recovery program, the company also conducts simulations and readiness drills on regular basis. The program is in place for more than two decades and has responded to over 20 catastrophes across the country. In an event of disaster, AT&T Inc. (NYSE:T)’s Network Disaster Recovery program responds through mobile command centers and mobile cell sites as well as arsenal of emergency communications vehicles, hazmat equipment and supplies, technology and support trailers as well as facilities to build up self-sufficient base camp with sleeping tents, on-site nurse and ready to eat food packets. The program also allows for immediate initial assessment and recovery efforts.

Stock Update

On Wednesday, the stock closed at $35.34, gaining 0.37% from its previous close. The stock has gained 10.7% over past three months.

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