AT&T completed the acquisition of mass markets fiber business of Lumen for $5.75bn.

AT&T, a telecommunications company, completed the acquisition of mass markets fiber business of Lumen, a telecommunications company, for $5.75bn. "America's largest network is the best positioned in our industry to serve even more consumers – both in the home and on the go. AT&T Fiber – America's best and top-rated technology for getting on the internet – will be available to millions more people as we expand the service in 32 states. This investment will create good-paying jobs, boost U.S. connectivity and bring the benefits of high-speed connections to more communities across the country," John Stankey, AT&T Chairman and CEO.