AT&T Acquires Lumen’s Mass Markets Fiber Business for $5.75 Billion
AT&T has reached an agreement to acquire substantially all of Lumen’s Mass Markets fiber business in an all-cash transaction valued at $5.75 billion, subject to purchase price adjustments. The deal is expected to significantly expand AT&T’s access to high-speed fiber internet across 11 U.S. states and create new jobs. The acquired assets include around 1 … Read more