AT&T is halfway to its latest fiber finish line

AT&T said its fiber network buildout has reached more than 30 million locations, putting it roughly halfway toward its new, end-of-2030 fiber buildout goal. AT&T reached the 30 million milestone about half a year ahead of schedule; the company originally expected to reach it by the end of 2025. AT&T will now pursue its longer-term goal of 60 million fiber locations by 2030. AT&T intends to reach that goal via a mix of approaches, including its ongoing in-footprint buildout, the Gigapower joint venture with BlackRock focused on fiber builds outside of AT&T's traditional wireline footprint, open access deals with a handful of partners, and AT&T's proposed acquisition of Lumen's Mass Markets fiber business.