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OpenAI Plans UAE Data Center, AT&T Buys Lumen’s Consumer Fiber Business

Bloomberg Technology

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AT&T's Fiber Acquisition Strategy

This chapter explores AT&T's $5.75 billion acquisition of Lumen's consumer fiber operations, examining its implications for market growth and competition. The discussion highlights the advantages of fiber technology in addressing data consumption, as well as the potential to enhance service offerings in underrepresented regions. Additionally, it addresses regulatory challenges and the importance of solid communication infrastructure for economic development, particularly in the context of future investments and partnerships.

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