AT&T Completes $5.75B Purchase of Lumen’s Fiber-To-Home Business
AT&T completed a $5.75 billion acquisition of Lumen’s Mass Markets fiber-to-the-home business, expanding its FTTH footprint across key US markets. The deal adds high-speed network assets and increases AT&T’s leverage, supporting its broadband growth strategy and improving competitive positioning in consumer connectivity.
1. Acquisition Details
On February 25, AT&T formally closed the $5.75 billion purchase of Lumen’s Mass Markets fiber-to-the-home division. The transaction transfers fiber network assets serving residential and small business customers, broadening AT&T’s FTTH footprint and integrating new high-capacity routes into its network infrastructure.
2. Strategic Rationale
The addition of FTTH assets accelerates AT&T’s consumer broadband expansion, enhances network density in strategic markets, and supports higher ARPU targets through advanced services. While the deal increases leverage by $5.75 billion, it positions AT&T to capture growing demand for high-speed connectivity and compete more effectively with cable rivals.