AT&T Inc. announced an update on its strategic acquisition plans, revealing its intention to acquire substantially all of Lumen's Mass Markets fiber business. This move is part of AT&T's broader strategy to expand its fiber network, with the aim of achieving approximately 60 million fiber locations by the end of 2030. Currently, Lumen's fiber business includes around 1 million fiber customers and over 4 million fiber locations across 11 states. This acquisition is expected to enhance AT&T's position as the leading fiber Internet provider in the U.S., allowing it to offer more choices to American consumers with its fiber and 5G services.