AT&T is set to acquire CenturyLink's consumer fiber broadband division for $5.75 billion, bringing in 1.1 million new fiber customers across 11 states. The deal, pending regulatory approval, is projected to finalize in the first half of 2026. It bolsters AT&T's fiber access in key metro regions and includes over 4 million fiber-enabled locations, supporting infrastructure expansion. Despite this growth, the deal excludes enterprise fiber customers and older copper DSL lines, leaving some CenturyLink DSL users behind amidst ongoing service issues. AT&T envisions reaching 60 million fiber locations by 2030.
"The transaction will enable AT&T to significantly expand access to AT&T Fiber in major metro areas like Denver, Las Vegas, Minneapolis-St. Paul, Orlando, Phoenix, Portland, Salt Lake City and Seattle."
"AT&T will gain access to Lumen's substantial fiber construction capabilities within its incumbent local exchange carrier (ILEC) footprint and plans to accelerate the pace at which fiber is being built in these territories."
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