AT&T is [1]buying CenturyLink's consumer fiber broadband division for $5.75 billion , "giving the internet provider another 1.1 million fiber customers in 11 states," reports Ars Technica. "The all-cash deal is expected to close during the first half of 2026 assuming the companies obtain regulatory approval. AT&T will gain new customers in Arizona, Colorado, Florida, Idaho, Iowa, Minnesota, Nebraska, Nevada, Oregon, Utah, and Washington." From the report:

> The deal will give AT&T room to grow its user base by more than the 1.1 million existing CenturyLink customers, as AT&T said the network areas being sold include over 4 million fiber-enabled locations. [...] The company, previously called CenturyLink, is officially named Lumen now but still uses the [2]CenturyLink brand name for home Internet service. AT&T, which has [3]9.6 million (PDF) fiber customers and 14.1 million broadband customers overall, said the infrastructure it is purchasing will help it expand fiber construction to new locations as well.

>

> The deal is also notable for what it doesn't include: Lumen's enterprise fiber customers and the old copper DSL lines that were never upgraded to fiber. [...] The deal seems unlikely to improve matters for CenturyLink copper users. [...] Lumen will retain the CenturyLink consumer copper broadband and voice services, but selling the consumer fiber business makes it clear that the telco isn't focused on residential customers. Lumen [4]said that offloading consumer fiber lines will help sharpen its focus on selling services to large businesses. The company is maintaining its business fiber lines. [Ars notes that there are still [5]nearly 1.4 million CenturyLink copper internet customers that will likely see service continue to degrade under Lumen's ownership.]

"The transaction will enable AT&T to significantly expand access to AT&T Fiber in major metro areas like Denver, Las Vegas, Minneapolis-St. Paul, Orlando, Phoenix, Portland, Salt Lake City and Seattle, as well as additional geographies," AT&T [6]said .

"AT&T will gain access to Lumen's substantial fiber construction capabilities within its incumbent local exchange carrier (ILEC) footprint and plans to accelerate the pace at which fiber is being built in these territories," AT&T said. "AT&T now expects to reach approximately 60 million total fiber locations by the end of 2030 -- "roughly doubling where AT&T Fiber is available today."



[1] https://arstechnica.com/tech-policy/2025/05/att-has-6-billion-deal-to-buy-centurylink-fiber-broadband-business/

[2] https://www.centurylink.com/internet/?SID=100098X1555750X6635850ac768ce787313133bc22cbd3d&cjevent=2f9bb9e1376611f080cb00960a1cb82b&CJ=100gc&flexID=8008029&affprog=cj&salescode=8008029&custType=both&cookietime=30&gc=100&utm_medium=affiliate

[3] https://investors.att.com/~/media/Files/A/ATT-IR-V2/financial-reports/quarterly-earnings/2025/1Q-2025/1Q25_ATT_Financial_and_Operational_Schedules_and_Non_GAAP_Reconciliations.pdf

[4] https://lumen-forward.q4ir.com/overview/default.aspx

[5] https://news.lumen.com/2025-05-01-Lumen-Technologies-reports-first-quarter-2025-results

[6] https://about.att.com/story/2025/lumen-mass-markets-fiber-business.html