In a major move to bolster its broadband infrastructure, AT&T announced on Wednesday, May 21, 2025, that it has agreed to acquire the Mass Markets fiber business of Lumen Technologies, CenturyLink's parent company, for $5. The deal, which includes approximately 1 million fiber. The most recent North American Fiber Deployment Report by RVA LLC Market Research & Consulting (RVA) released in January 2025 presented more records for the progress of fiber across America. Including homes with more than one. DENVER-- (BUSINESS WIRE)-- Lumen Technologies (NYSE: LUMN) today announced that it has completed the sale of its Mass Markets fiber-to-the-home business in eleven states, including Quantum Fiber, to AT&T (NYSE: T) for $5. (NYSE, NASDAQ: VZ) and Frontier Communications Parent, Inc. The FCC's decisions this week furth all of these goals while cutting across multiple different sectors of the communications market. Lumos currently operates a 7,500-mile fiber.
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