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AT&T is in talks to acquire Lumen Technologies' consumer fiber segment, potentially expanding its customer base. M&A

AT&T is in talks to acquire Lumen Technologies’ consumer fiber segment, potentially expanding its customer base. This acquisition, valued at $5.5 billion, aims to add over 4 million new fiber connections, aligning perfectly with AT&T’s fiber expansion plans. If successful, this move will help AT&T reach its ambitious target of covering 50 million premises by 2029.