AT&T in Advanced Negotiations to Acquire Lumen's Consumer Fiber Business

In a significant development within the telecommunications sector, AT&T is reportedly engaged in serious discussions to acquire the consumer fiber unit of Lumen Technologies. This potential acquisition highlights AT&T's ongoing efforts to expand its fiber-optic internet services amid a fiercely competitive market landscape. Lumen stands to benefit from this deal as it seeks to streamline its operations and focus on its core business areas.

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