AT&T to Acquire Lumen’s Fiber Business in $5.75B Deal
AT&T has reached an agreement to acquire most of Lumen Technologies’ residential fiber business in a cash transaction valued at $5.75 billion. Once the deal closes, AT&T expects to extend its high‑speed internet service to millions more homes across 11 U.S. states. The transaction covers Lumen’s “Mass Markets” fiber assets, which currently serve roughly 1 … Read more