This document is a U.S. Securities and Exchange Commission (SEC) Form 8-K filing by AT&T Inc., reporting a significant corporate event.
On May 21, 2025, AT&T Inc.'s indirect wholly owned subsidiary, Forged Fiber 37, LLC (NetworkCo), entered into a definitive Purchase Agreement with Lumen Technologies, Inc. and its subsidiaries.
The agreement outlines the acquisition of substantially all of Lumen's mass markets fiber-to-the-premises network assets and related operations across several U.S. states. This transaction is valued at $5.75 billion, subject to adjustments.
Key aspects covered in the filing include:
- The parties involved: AT&T Inc. (via NetworkCo) and Lumen Technologies, Inc. (via its subsidiaries).
- The subject of the acquisition: Lumen's fiber network assets and operations.
- The transaction value and expected closing timeline (first half of 2026).
- Customary closing conditions, representations, warranties, covenants, and termination provisions.
This filing serves to inform investors and the public about this material development in AT&T Inc.'s business operations.
