Lumen Completes $5.75 Billion Sale of Consumer Fiber Business to AT&T

Reuters02-02 19:35

Lumen Completes $5.75 Billion Sale of Consumer Fiber Business to AT&T

Lumen Technologies has completed the sale of its Mass Markets fiber-to-the-home business, including Quantum Fiber, to AT&T for $5.75 billion in cash. The deal covers the consumer fiber access network and customer relationships in eleven states, serving over 1 million fiber customers and reaching more than 4 million enabled fiber locations. According to Lumen, this move marks a strategic turning point as the company shifts its focus exclusively to providing digital infrastructure and enterprise-focused technology services. The company first disclosed plans for this sale on May 21, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lumen Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260201658367) on February 02, 2026, and is solely responsible for the information contained therein.

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