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AT&T is acquiring the consumer fiber assets of Lumen in an $5.75 billion deal. The company has a big opportunity to grow the ...
Telephone and Data Systems, Inc. shares surge on expected asset sales to major telecoms. Click to see how these deals could ...
AT&T is taking a new step in its aggressive fiber-and-5G strategy, announcing plans to acquire Lumen’s Mass Markets Fiber Business for $5.75 billion in an ...
AT&T Inc. agreed to buy the consumer fiber operations of Lumen Technologies Inc. for $5.75 billion, expanding its fast broadband service in major cities like Denver and Las Vegas. AT&T will pay cash ...
AT&T announced it has reached a deal with Lumen, which operates CenturyLink and Quantum Fiber in 11 states, including Colorado. According to AT&T, the company reached an agreement to acquire ...
"The fiber-to-the-home business being sold is tremendously valuable thanks to the incredible work by the team and will now have even greater opportunity to grow with AT&T’s scale, consumer-focus, and ...
The deal is pending approval from the Department of Justice, and is expected to close in the first half of 2026. AT&T’s fiber network will expand to seven states — Washington, Oregon ...
and plans to transfer them to its AT&T Fiber network after the deal is completed in the first half of 2026. Lumen has been actively expanding its high-speed Quantum Fiber network to more homes in ...
AT&T also continues to be linked to potential acquisition opportunities, most recently a deal to acquire Lumen ... That potential fiber expansion comes as rivals Verizon and T-Mobile US continue ...
The U.S. telecom giant has been investing in its high-speed fiber internet offerings to ... cash payments from DIRECTV related to this deal. AT&T also reaffirmed its annual adjusted profit ...
AT&T also hopes the deal will enable expansion of AT&T fiber further in areas that already have fiber and into major metro areas like Denver, Las Vegas, Minneapolis-St. Paul, Orlando, Phoenix ...