AT&T to Buy Lumen’s Fiber Business for $5.75 Billion - Barron's
1. AT&T to acquire Lumen’s fiber network for $5.75 billion. 2. Deal increases AT&T's fiber customers, expecting growth from 25% to 40%. 3. Transaction anticipated to close in the first half of 2026. 4. AT&T reaffirms $10 billion share repurchase plan, $3 billion by year-end. 5. AT&T's stock is up 20.5% this year, outperforming the S&P 500.