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AT & T buys 95% of Lumen’s quantum fibrous service for $ 5.75 billion, the company was announced in a statement on Wednesday.
AT & T Fiber is currently 12.77% of US households, quantum fiber reaches 2.26%, Most recent FCC data. According to BloombergSales are expected to be closed in the first half of next year.
“This agreement with Lumen represents an important investment in the US connection infrastructure,” and AT & T CEO John Stankey. “As we develop our fiber, we will serve more communities with a world-class connection, and at the end of 2030, the AT & T fiber is about double.”
Broadband has been in a few days in the world, an announcement that comes to heels Verizon wins FCC approval Purchasing the border fibrous business and Charter declaring a combination with a lot last week. Now AT & T – is already the farthest fiber Internet provider In the country – 1 million customers will add another 1 million customers via quantum fiber. Lumen also runs a DSL network via CenturyLink brand.
I have been covering the broadband industry for seven years and I can say that internet providers have completely liked their rebridges and rebrands. But I have never seen anything like this. In these three transactions, the 10 largest Internet providers are under the soups.
About half of the country, assuming that they see 132.6 million Internet connection It will be delivered by one of the three providers – and jumping to 72% if you add to Comcast.
“The main companies have different theories of the best way to be larger, but all have a scale advantage to be achieved,” Blair Levin, former FKC’s former General Staff and new street research information informed the telecommunications analyst. “Broadband markets are now fully penetrated and everyone who can provide something broadband and will receive something – the future will be lowered in low prices through scale preferences.”
There are no more market overlaps among companies connected to the forces, so you will not necessarily wake up to find less internet options. However, there is an internet monopoly problem in this country, more than a third of Americans or the Internet provider Most recent FCC data.
Will Quantum fiber prices rise?
You will not immediately see any change, but after the transaction has passed, quantum fibrous websites will be downloaded.
Currently, Quantum fiber plans are $ 5,000 at $ 5,000 in $ 500 compared to the AT & T fiber. Quantum fiber also offers the presentation of “life price for life” on all plans, but it is said to be “subject to a” sustainable plan. ”
“Although it is too early to interpret any price plan for any price plan, we continue to prioritize our customers and deliver customers with AT & T fiber,” CNT briefed at AT & T Fiber.
