5 Out of 6: AT&T, Chapel Hill Ink Gigabit Deal

Officials in Chapel Hill, NC, have ratified an agreement with AT&T (NYSE:T) to deploy a fiber network capable of speeds of up to 1 Gbps in the town. The deal for AT&T's U-verse with GigaPower is the fifth of its kind in North Carolina in recent weeks; previous announcements covered Winston-Salem, Durham, Raleigh and Cary. A similar deal is pending in Carrboro.

The agreements stem from a North Carolina Next Generation Network (NCNGN) initiative, consisting of six cities, four universities and local businesses.