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 ...

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 ...

"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 ...

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 ...

Telephone and Data Systems, Inc. shares surge on expected asset sales to major telecoms. Click to see how these deals could ...

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 ...

"Over time, these subscribers will transition to be AT&T Fiber ... deal is said to be shifted to help offset "superpriority" debt, while Lumen can place more focus on its "investment in network ...

"This deal with Lumen represents a significant ... supporting the accelerated and capital-efficient expansion of AT&T Fiber outside of its traditional wireline operating region.

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 ...

Meanwhile, Verizon shared with CNET that its immediate expansion ... cheaper than AT&T Fiber. To both Verizon's and AT&T's credit, the price is the price. There's no promo deal or "Act now before ...