Analysts stay bullish after AT&T's deal for Lumen's consumer fiber biz

6 hours ago 1
AT&T Stock Jumps On Strong Earnings Report

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Wall Street analysts view AT&T's (NYSE:T) $5.75B purchase of Lumen's (NYSE:LUMN) consumer fiber business as "a positive" and "strategically aligned."

The transaction will benefit both parties as it boosts the U.S. telecom giant's fiber footprint and reduces debt and creates a

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