At&t to acquire lumen's mass markets fiber business

At&t agrees to acquire substantially all of lumen's mass markets fiber internet connectivity business in a deal that's expected to close in the first half of 2026 transaction to stimulate investment, expand world-class connectivity in the u.s., create new jobs and make high-speed fiber internet access available to millions of americans at&t will extend its industry-leading fiber network with plans to reach approximately 60 million total fiber locations by year-end 20301 dallas , may 21, 2025 /prnewswire/ -- key takeaways: at&t will acquire substantially all of lumen's mass markets fiber business, which today totals about 1 million fiber customers and reaches more than 4 million fiber locations across 11 u.s. states. at&t reiterates full-year 2025 financial and operational guidance and share repurchase plans.
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