AT & T bought about 95% of Lumen fiber service at $ 5.75 billion, the company announced in a statement on Wednesday.
AT & T fiber is currently available at 12.77% of US homes, while Quantum Fiber has reached 2.26%, according to most recent FCC data. According to BloombergThe sale is expected to close in the first half of the next year.
“This Lumen Agreement represents a significant investment in US connection infrastructure,” says AT & T CEO John Stankey in a statement. “As we promoted our Hiber established, we serve many communities in connection with the world connecting and expect to have double where the AT & T fiber is available at the end of 2030.”
This is a busy few days in Broadband World, with a notice that comes with heels of Verizon who won the FCC approval For the Frontier’s Frontier business purchase and Charter announcing a Cox merger Last week. Today, AT & T – the most distant fiber Way to the Internet In the country – add another 1 million customers through Quantum Fiber. Lumen also acts a DSL network by Syventlink Brand.
I covered the broadband industry for seven years, and I could tell you that Internet locals fully love their equations and change. But I have never seen it like this. As I count, six of the 10 biggest providers of the Internet through subscribers are involved in three deals.
To say they went through, nearly half of the country 132.6 million internet connection Insert by one of three providers – and that will jump 72% when you add Comcast.
“The main companies have different theories in the best way to be larger but all agree with FCC benefits, as the broadband market is fully entangled – that’s a great deal of a provider – the advantage of future advantages.”
There is no great market in the market between companies engaged in forces, so you do not need to wake up to find a less option on the internet. But we have a monopoly on the internet monopoly in this country, with more than one third of Americans with access to one or no internet provider, according to most recent FCC data.
Will the fiber fiber prices increase?
You don’t immediately see any changes, but this is an open question if internet bills on the internet on the old deact.
Today, quotas fiber plans are about $ 50 per month for 500Mbps speeds, compared to $ 65 for the same speed of AT & T fird. Quantum Fiber also provides a “price for life” promotions to all its plans, but it is said that rates are “subjected to continuous planning available.”
“While commenting is very early with any price price plans, we will continue to put our customers first with the customers we now deliver to AT & T CNET spokesman.
