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 is shifting to fiber after a $4.4B wireless sale, but weak financials and execution risks remain.

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

"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 ...

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 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 ...

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 ...

The deal will help AT&T reach nearly 60 million fiber locations by the end of 2030, doubling where it is today.

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 ...

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 ...

The Lumen Mass Markets fiber assets included in the deal today total about 1 million fiber subscribers across more than 4 million fiber locations. Over time, these subscribers will transition to be AT ...