AT&T has completed its purchase of substantially all of Lumen’s Mass Markets fiber internet business—which includes Quantum Fiber and CenturyLink in Phoenix.

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The $5.75 billion deal expands AT&T’s fiber network to 32 states and adds more than a million new customers nationwide.

“America’s largest network is the best positioned in our industry to serve even more consumers – both in the home and on the go,” said John Stankey, Chairman and CEO of AT&T. “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.”

For Arizonans, this means a major investment in local fiber infrastructure. AT&T will increase its fiber build plans in Arizona by 50% this year, bringing faster, more reliable internet to more communities including Phoenix and Tucson. This expansion is part of AT&T’s commitment to reach 60 million fiber locations across the U.S. by 2030.

Along with expanding fiber internet in Arizona, the merger offers local consumers and small businesses greater value through secure, fast, and reliable bundled fiber and wireless services. AT&T will share more details in the coming weeks.

This deal advances AT&T’s position to win with the best assets in the industry.  Highlights include:

  • Adding more than 1 million fiber subscribers to AT&T’s total customer count, with the opportunity to significantly grow the number of AT&T Fiber customers over time. The Company expects to increase current fiber penetration of roughly 25% within the acquired footprint to levels more consistent with its AT&T Fiber penetration.
  • Increasing the scale of AT&T’s fiber network as the Company acquires more than 4 million customer locations across 11 states. AT&T also gains access to Lumen’s substantial fiber construction capabilities in these states, accelerating an efficient build engine for constructing fiber home internet connectivity outside of AT&T’s traditional wireline operating region. As a result, AT&T expects to accelerate the pace at which fiber is being built in these territories. This gives more people access to AT&T’s fiber network which is trusted by millions and backed by award-winning customer satisfaction.
  • Giving more American consumers more choiceto purchase fiber and 5G services the way they prefer – from one trusted provider. AT&T expects that its ability to offer fiber broadband and 5G wireless connectivity together will enable it to grow its base of high-value converged customer relationships within the acquired footprint.