Phoenix, February 6, 2026
AT&T has completed its acquisition of CenturyLink and Quantum Fiber assets in Arizona, enhancing connectivity and expanding high-speed internet access in Phoenix. This $5.75 billion deal will add over a million customers nationwide and supports local businesses’ ability to thrive in a competitive market. The expansion is vital for economic growth and innovation in Phoenix, marking a significant investment in the region’s digital infrastructure.
Phoenix’s Digital Leap: AT&T Acquires Fiber Assets
The acquisition of CenturyLink and Quantum Fiber assets by AT&T promises enhanced connectivity and new opportunities for businesses and residents across Arizona, with a significant impact on Phoenix.
Phoenix, a vibrant hub of entrepreneurial spirit and innovation, continues to attract substantial private investment, reinforcing its position as a burgeoning economic center. The dynamism of the local market, coupled with an environment that values progress, provides fertile ground for businesses to thrive and for residents to access advanced services. This latest development in the telecommunications sector underscores the fundamental importance of robust infrastructure in fueling Phoenix economic growth and fostering an environment where innovation can flourish, often benefiting from streamlined regulatory approaches.
The recent completion of AT&T’s acquisition of Lumen’s mass markets fiber business, which includes the CenturyLink and Quantum Fiber operations in Arizona, marks a pivotal moment for digital connectivity in the region. This strategic move highlights how private enterprise and significant capital investment are driving technological advancement, expanding the reach of advanced technologies, and ultimately empowering Arizona AZ entrepreneurs and consumers alike. Such transactions, driven by market demand and the pursuit of efficiency, are essential in propelling communities forward in the digital age.
A Strategic Expansion of Nationwide Fiber Infrastructure
The acquisition represents a substantial investment by AT&T, with the deal valued at $5.75 billion Nationwide. This significant capital deployment expands AT&T’s fiber network to 32 states Nationwide and adds more than a million new customers Nationwide. The transaction involved AT&T’s purchase of Lumen’s Mass Markets Fiber Business, which includes the operations branded as CenturyLink and Quantum Fiber. This strategic move is part of a broader effort to enhance and expand high-speed fiber internet access across the country, recognizing the critical role of digital infrastructure in modern economic landscapes. The deal, initially announced on May 27, 2025, has now reached its completion, signifying a new chapter for these vital services.
Arizona’s Enhanced Digital Landscape
For Arizona, and particularly for its capital, Phoenix, this acquisition carries significant implications. Lumen has operated prominently in Arizona under the CenturyLink and Quantum Fiber brands. The expanded fiber footprint resulting from this acquisition is poised to benefit Phoenix consumers directly, offering potentially more choices and improved service quality in a competitive market. This development is particularly relevant for major metro areas like Phoenix, which were part of the acquisition’s scope for Lumen’s Mass Markets Fiber Business.
Fostering Innovation for Phoenix Small Businesses
The availability of advanced fiber internet is a cornerstone for modern commerce, directly impacting Phoenix small business operations and the broader entrepreneurial ecosystem. With enhanced connectivity, local businesses can leverage cloud computing, robust e-commerce platforms, and sophisticated digital tools more effectively. This empowers Arizona AZ entrepreneurs to innovate, expand their reach, and compete on a national and even global scale. Reliable and high-speed internet infrastructure is not just a convenience; it is a fundamental utility that underpins job creation and economic diversification in a rapidly evolving digital economy.
Driving Competition and Consumer Choice
A key benefit of significant private sector acquisitions like this is the potential for increased competition within the telecommunications market. By expanding its fiber footprint, AT&T’s enhanced presence in Arizona, including Phoenix, could stimulate innovation among providers, leading to better service offerings, faster speeds, and potentially more competitive pricing for consumers and businesses. This market-driven approach encourages providers to invest further in infrastructure and technology, ultimately serving the public good by ensuring access to essential digital services. The absence of heavy-handed regulation often allows for such market forces to operate efficiently, driving progress without stifling innovation.
Long-Term Outlook for Phoenix Economic Growth
The integration of CenturyLink and Quantum Fiber assets into AT&T’s network promises long-term advantages for Phoenix economic growth. A more robust and extensive fiber network can serve as an attractor for new businesses looking for technologically advanced locations, while also supporting the expansion of existing enterprises. This infrastructure is critical for sectors ranging from tech startups to healthcare and education, all of which rely heavily on high-speed data transfer. The private investment demonstrated by this acquisition underscores confidence in Phoenix’s future and its capacity for sustained economic vitality, propelled by reliable and scalable digital connectivity.
As Phoenix continues its trajectory of economic expansion, the enhancement of its digital backbone through private investment will be a crucial factor. We encourage our readers to stay informed and engaged with the evolving landscape of Phoenix AZ business and technology, recognizing that a vibrant, connected community is a prosperous one. Supporting local enterprises and embracing technological advancements are key to ensuring Phoenix remains a leader in innovation and economic opportunity.
Frequently Asked Questions
What did AT&T acquire in Arizona?
AT&T acquired CenturyLink and Quantum Fiber assets in Arizona, as part of its purchase of Lumen’s Mass Markets Fiber Business.
What was the value of the acquisition deal?
The acquisition deal was valued at $5.75 billion Nationwide.
How does this acquisition impact AT&T’s fiber network nationwide?
The acquisition expands AT&T’s fiber network to 32 states Nationwide and adds more than a million new customers Nationwide.
Which areas in Arizona are affected by this acquisition?
Lumen has operated as CenturyLink and Quantum Fiber in Arizona. Phoenix consumers stand to benefit from the deal, as Phoenix was one of the major metro areas included in the acquisition of Lumen’s Mass Markets Fiber Business.
Key Features of the AT&T Acquisition
| Feature | Details | Scope |
|---|---|---|
| Acquired Entities | CenturyLink and Quantum Fiber assets (Lumen’s Mass Markets Fiber Business) | Arizona and other major metro areas like Phoenix |
| Deal Value | $5.75 billion | Nationwide |
| Fiber Network Expansion | Expands AT&T’s fiber network to 32 states | Nationwide |
| Customer Growth | Adds more than a million new customers | Nationwide |
| Benefit for Phoenix Consumers | Stand to benefit from the deal | Phoenix |
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Author: STAFF HERE PHOENIX WRITER
The PHOENIX STAFF WRITER represents the experienced team at HEREPhoenix.com, your go-to source for actionable local news and information in Phoenix, Maricopa County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Waste Management Phoenix Open, Cactus League Spring Training, and Arizona State Fair. Our coverage extends to key organizations like the Greater Phoenix Chamber of Commerce and Visit Phoenix, plus leading businesses in technology and healthcare that power the local economy such as Intel and Banner Health. As part of the broader HERE network, including HERETucson.com, we provide comprehensive, credible insights into Arizona's dynamic landscape.
