Story perspectives

Telecom Giants Consolidate, Promising Improved Service and Lower Costs

2/27/2026

Summary

Story summary

AT&T Inc. has acquired Quantum Fiber, expanding its presence in Minnesota's Twin Cities.
Verizon Communications Inc. has purchased Frontier Communications.
Metronet has acquired U.S. Internet.
Experts say the consolidation could improve network reliability and lower costs for consumers.
High construction costs and skilled labor shortages persist, challenging smaller firms, while Gigapower aims to foster competition with open-access fiber in underserved metro areas.

1 of 1

Story summary

AT&T Inc. has acquired Quantum Fiber, expanding its presence in Minnesota's Twin Cities.
Verizon Communications Inc. has purchased Frontier Communications.
Metronet has acquired U.S. Internet.
Experts say the consolidation could improve network reliability and lower costs for consumers.
High construction costs and skilled labor shortages persist, challenging smaller firms, while Gigapower aims to foster competition with open-access fiber in underserved metro areas.