News

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 ...
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 ...
AT&T is taking a new step in its aggressive fiber-and-5G strategy, announcing plans to acquire Lumen’s Mass Markets Fiber Business for $5.75 billion in an ...
"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 COO Jeff McElfresh this week fleshed out the telecom giant’s extensive fiber network expansion plans and ... and our ability to pre-seed that market with some fixed wireless, knowing ...
Dealing with competition in the broadband market, Stankey said AT&T's fiber offering offers a competitive edge over cable companies. He pointed out that conventional cable providers struggle to ...
AT&T's recent outperformance is driven by 5G and fiber investments, reduced leverage, and multiple expansion ... and the overall stock market, during the last year, given that its shares increased ...