AT&T is eyeing a $5.5 billion deal that could change your internet experience

By Rashid Hussain PUBLISHED: Mar 26, 2025, 08:06 AM

For those who regularly handle large downloads and uploads, fiber is the way to go – and AT&T is well aware of that. Recently, the company tested a cutting-edge technology capable of delivering speeds four times faster than its current top offering. Now, it looks like AT&T is doubling down on its fiber expansion. According to a new report (subscription required) AT&T is in exclusive talks to acquire Lumen Technologies' consumer fiber business, a deal that could be worth over $5.5 billion. However, since nothing is set in stone, the terms could still change, or the negotiations might fall through entirely. Lumen's decision to potentially sell off its fiber division – which delivers high-speed internet to residential customers – comes as the company shifts focus toward AI-driven growth. At the same time, it is struggling with the rapid decline of its older services. Lumen's fiber-optic network spans over 1,700 wire centers, though consumer fiber is currently available in only about 400 of them.

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AT&T is eyeing a $5.5 billion deal that could change your internet experience

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