AT&T Completes Acquisition of Lumen’s Consumer Fiber Business in $5.75B Deal

WASHINGTON, Feb. 2, 2026 – AT&T closed its acquisition of Lumen’s mass market fiber business in a $5.75 billion all-cash deal Monday.

The deal has expanded AT&T’s fiber offerings in Washington, Oregon, Idaho, Utah, Colorado Nebraska and Iowa, landing AT&T with one million additional fiber subscribers and four million additional fiber locations, according to a press release.

“This investment will create good-paying jobs, boost U.S. connectivity and bring the benefits of high-speed connections to more communities across the country.”John Stankey, chairman and CEO**** of AT&T said in a statement.

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