AT&T Acquires Lumen Mass Markets Fiber-to-the-Home Business for $5.75 Billion

February 3, 2026

AT&T has completed its previously announced all-cash acquisition of substantially all of Lumen Technologies' Mass Markets fiber-to-the-home business for $5.75 billion, subject to customary adjustments. The deal expands AT&T Fiber across 32 states and adds more than 1 million subscribers and over 4 million fiber locations.

Buyers
AT&T
Targets
Lumen's Mass Markets fiber-to-the-home business (including Quantum Fiber)
Sellers
Lumen Technologies, Inc.
Location
Texas, United States
Transaction Type
Buyout

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