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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 ...
IOWA, USA — In a move AT&T says is part of its commitment to invest in local communities with high-speed internet ...
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 ...
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 ...
The deal will help AT&T reach nearly 60 million fiber locations by the end of 2030, doubling where it is today.
"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 ...
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