AT&T and Verizon are pivoting into the landlord biz for AI

AT&T and Verizon are leveraging unused real estate to support AI infrastructure. Verizon plans to sell power, space, and cooling for AI computing, while AT&T is repurposing central office facilities. STL Partners predicts telecoms will play a key role in the growth of network edge data centers, with 1,800 expected by 2028, driven by rising AI demand.

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