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The company raised its free cash flow forecast and said it will invest new tax savings into network infrastructure.
AT&T plans to boost its number of fiber locations to 45 million by the end of 2029 but says it isn't profitable enough to build fiber to the other parts of its old landline phone and DSL networks.
T-Mobile introduced a similar solution last June that uses a cellular connection as a backup source of home internet during a cable or fiber outage. But while AT&T’s solution is free to eligible ...
AT&T Internet, the mid-2000s-era online service originally called U-verse Internet, is slowly going away as the company continues to roll out its faster, more modern fiber-optic service. AT&T hasn ...
Telecom giant AT&T (T-0.28%) doubled down on its fiber internet strategy on Wednesday with a $5.75 billion deal to acquire Lumen's Mass Markets fiber business. The acquisition will come with ...
Dallas-based AT&T announced the tentative $5.75 million deal to acquire a majority of Lumen's fiber internet business. The deal still needs regulatory approval. Skip Navigation ...
AT&T announced Wednesday that it plans to acquire most of Lumen’s fiber internet business, which operates as CenturyLink and Quantum Fiber, for $5.75 billion, according to a news release.
AT&T agreed to buy Lumen Technologies' Mass Markets fiber internet connectivity business for $5.75 billion in cash, sending shares of the Denver-based firm soaring in premarket trading Thursday.