AT&T forms fiber venture with GIP and CPP
AT&T will create a new fiber joint venture with BlackRock and CPP Investments to expand its network across 16 states. The deal is expected to close in early 2027.
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AT&T INC will form a fiber joint venture with BLACKROCK INC's Global Infrastructure Partners and Canada Pension Plan Investment Board to expand services across United States communities. The deal combines AT&T's Forged Fiber 37 unit—which holds assets bought from LUMEN TECHNOLOGIES INC—with the Gigapower wholesale venture. The partnership provides a capital-light expansion path into major metro areas across 16 states.
