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T-Mobile and EQT's $950M Deal: Fiber for 3.5M Homes

4/1/2025

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Summary

Story summary

T-Mobile US and EQT have sealed a $950 million deal to acquire Lumos Networks, setting their sights on bringing fiber broadband to 3.5 million homes by 2028. This strategic move not only strengthens T-Mobile's broadband ambitions but also empowers them to enhance customer experience for 12-15 million households by 2030.

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Story summary

T-Mobile US and EQT have sealed a $950 million deal to acquire Lumos Networks, setting their sights on bringing fiber broadband to 3.5 million homes by 2028. This strategic move not only strengthens T-Mobile's broadband ambitions but also empowers them to enhance customer experience for 12-15 million households by 2030.