AT&T Agrees to Buy Lumen's Mass Markets Fiber Internet Business for $5.75B
1. AT&T is acquiring Lumen's fiber business for $5.75 billion. 2. The deal adds approximately 1 million fiber customers to AT&T. 3. AT&T aims to double its fiber availability by 2030. 4. The acquisition will enhance AT&T's high-speed internet market position. 5. The deal is expected to close in the first half of 2026.