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AT&T Expands Fiber Network with $5.75 Billion Acquisition

Fiber optic cables symbolizing AT&T's network expansion

Dallas, February 4, 2026

AT&T has completed its $5.75 billion acquisition of Lumen Technologies’ Mass Markets fiber business, gaining over 1 million new subscribers and expanding its fiber reach by 4 million locations across 11 states. This strategic move supports AT&T’s goal of reaching 60 million fiber locations by 2030 and encourages economic growth through infrastructure investment.

AT&T Expands Fiber Network with $5.75 Billion Acquisition

Company adds over 1 million subscribers while enhancing economic development across key regions.

Dallas, Texas – In a significant move to expand its digital infrastructure, AT&T has completed its $5.75 billion acquisition of Lumen Technologies’ Mass Markets fiber business. This strategic acquisition brings in over 1 million fiber subscribers and enhances AT&T’s reach with an additional 4 million fiber locations across 11 states, including vibrant metropolitan areas such as Denver, Seattle, and Salt Lake City. As AT&T sets its sights on reaching 60 million fiber locations by 2030, this move aligns with the rising demand for high-speed connectivity in both urban and rural areas.

The acquisition not only boosts AT&T’s subscriber base but also equips the company with Lumen’s fiber construction capabilities. This advantage is expected to accelerate the deployment of fiber infrastructure in new markets, further solidifying AT&T’s presence in the competitive telecommunications landscape. Additionally, AT&T plans to integrate combined fiber broadband and 5G wireless services to enhance service delivery and customer satisfaction.

Benefits to Lumen Technologies

For Lumen Technologies, this transaction serves as a pivotal restructure, allowing the company to reduce its debt by approximately $1.6 billion. This reduction improves Lumen’s financial flexibility and enables it to concentrate more on serving enterprise customers, enhancing its core business operations.

Impact on Economic Growth

This acquisition is poised to create jobs and stimulate economic activity across the regions affected by the deal. As AT&T integrates Lumen’s assets, communities in the 11 states can anticipate invigorated local economies associated with increased infrastructure investment and enhanced service capabilities. By fostering competition and innovation in the telecommunications sector, AT&T’s expansion contributes positively to the Dallas County economy as well as to other locales within its footprint.

Future Fiber Deployment Plans

With ambitious growth targets, AT&T aims to position itself as a leading provider of broadband services nationwide. The company’s goal to reach 60 million fiber locations by the end of 2030 signifies a strong commitment to enhancing connectivity and accessibility. Such extensive fiber deployment can facilitate not only residential connectivity but also empower local businesses to leverage high-speed internet for innovation and growth.

Key Takeaways

This acquisition marks a notable milestone in the evolution of telecommunications in the United States, aligning with AT&T’s vision of fostering economic growth through infrastructure development. By integrating Lumen’s fiber operations, AT&T not only expands its market share but also takes significant strides toward ensuring that high-speed internet becomes more pervasive across various communities.

Conclusion

As AT&T and Lumen continue their respective paths post-acquisition, the Dallas community and beyond stand to benefit from enhanced connectivity and economic stimulation. Readers are encouraged to support local telecommunications initiatives and stay informed about ongoing developments in Dallas’s vibrant business landscape.

Frequently Asked Questions (FAQ)

What is the value of AT&T’s acquisition of Lumen Technologies’ Mass Markets fiber business?

The acquisition was valued at $5.75 billion in an all-cash transaction.

How many fiber subscribers and locations did AT&T gain from this acquisition?

AT&T added over 1 million fiber subscribers and more than 4 million fiber locations across 11 states, including major metro areas like Denver, Seattle, and Salt Lake City.

What are AT&T’s future plans regarding fiber deployment?

AT&T aims to reach 60 million fiber locations by the end of 2030, enhancing its fiber network’s scale and customer base.

How will this acquisition impact Lumen Technologies?

The sale reduces Lumen’s debt by approximately $1.6 billion, enhancing its financial flexibility and allowing a sharper focus on enterprise customers.

What are the expected benefits of this transaction?

The transaction is expected to create jobs and stimulate economic activity in various regions and major metro areas across the 11 states.

Key Features of the Acquisition

Feature Details
Acquisition Value $5.75 billion in an all-cash transaction.
Fiber Subscribers Added Over 1 million fiber subscribers.
Fiber Locations Added More than 4 million fiber locations across 11 states.
Major Metro Areas Included Denver, Seattle, and Salt Lake City.
AT&T’s Fiber Deployment Goal Reach 60 million fiber locations by the end of 2030.
Lumen’s Debt Reduction Approximately $1.6 billion reduction in debt.
Expected Economic Impact Creation of jobs and stimulation of economic activity in various regions and major metro areas across the 11 states.

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STAFF HERE DALLAS WRITER
Author: STAFF HERE DALLAS WRITER

The DALLAS STAFF WRITER represents the experienced team at HEREDallas.com, your go-to source for actionable local news and information in Dallas, Dallas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the State Fair of Texas, Deep Ellum Arts Festival, and Dallas International Film Festival. Our coverage extends to key organizations like the Dallas Regional Chamber and United Way of Metropolitan Dallas, plus leading businesses in telecommunications, aviation, and semiconductors that power the local economy such as AT&T, Southwest Airlines, and Texas Instruments. As part of the broader HERE network, including HEREAustinTX.com, HERECollegeStation.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.

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