Will AT&T's Fiber Assets Buyout From Lumen Drive Its Future Growth?

Key Takeaways AT&T adds more than 1M fiber subscribers and 4M fiber-enabled locations with Lumen acquisition.The deal expands AT&T Fiber to 32 states and major cities like Denver and Seattle.Acquisition strengthens AT&T's fiber and 5G services, supporting growth to 60M locations by 2030.AT&T Inc. (T) has completed its previously announced acquisition of Lumen Technologies, Inc.’s (LUMN) mass-market fiber business for $5.75 billion in an all-cash transaction, expanding its fiber Internet service across 32 U. ...