Roshan Fernandez

AT&T will substantially buy all of Luman's mass markets fiber business for $5.75 billion in a move it said will accelerate high-speed fiber internet access for millions of Americans. The deal is expected to close in the first half of 2026. AT&T said the acquisition will create jobs in metro areas across 11 states and improve critical connectivity infrastructure. The transaction will allow AT&T to expand in areas including Denver, Las Vegas, Minneapolis-St. Paul, Phoenix, Salt Lake City and Seattle, among others.