AT&T and BlackRock completed the formation of Gigapower joint venture.

AT&T, a network company and BlackRock, a private equity firm, completed the formation of Gigapower, a fiber services joint venture. Financial terms were not disclosed. “We believe fiber connectivity changes everything. That’s why we’re already one of the biggest investors in fiber in the United States. The demand for high-speed connectivity is unprecedented, and through this innovative partnership with BlackRock, one of the world’s foremost investors in infrastructure, we’re able to connect even more people and businesses, accelerating our efforts to help close the digital divide," John Stankey, AT&T CEO.