AT&T will acquire substantially all of Lumen's Mass Markets fiber business, which today totals about 1 million fiber customers and reaches more than 4 million fiber locations across 11 U., create new jobs and make high-speed fiber internet. What began as a slightly improved market for North American telecommunications M&A in 1H24 has picked up steam in recent months, sending transaction volume to levels not seen in several years. The surge has been led in part by substantial fiber deals. Verizon Communications ' [NYSE, NASDAQ: VZ] USD. Meta announced it's acquiring Manus, a Singapore-based AI startup, as the company aims to ramp its advanced AI capabilities. The transaction is "validation of our pioneering work with General AI Agents," said Manus in a press release. SoftBank Group has entered a definitive agreement to acquire. AT&T Inc. telecommunications company, is strengthening its position in fiber and 5G connectivity through strategic investments and expansion efforts.
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