AT&T and Corning have signed a multi-year agreement worth over $3 billion for Corning to supply fiber and cable to expand AT&T's high-speed internet network. This deal supports AT&T's goal to connect 60 million Americans with fast, reliable fiber internet by 2030, addressing the surge in data usage driven by streaming, gaming, video calls, and AI applications. Fiber technology is key for meeting growing data needs due to its speed and capacity advantages over satellite and wireless. The partnership also strengthens U.S. manufacturing and union jobs, reinforcing domestic supply chains and infrastructure investment.
As of Sep 29, 2026 19:44 WIB, AT&T shares trade at USD 24.86, closer to their 52-week low of USD 20.49 than the high of USD 29.10, with a slight 1-day decline of 0.22%. In contrast, Corning's stock stands at USD 156.35, well below its 52-week peak of USD 255.79 but showing strong momentum with a 3.20% gain on the day. Corning's high buy interest on Pluang, at 98%, contrasts with AT&T's more balanced order activity of 62% sell and 38% buy, highlighting differing investor sentiment towards these partners in the fiber expansion deal.
KeyBanc downgraded Comcast to Underweight with a $18 price target due to significant broadband market share losses to fiber and fixed wireless competitors. Comcast's broadband segment, its largest business, reported 167,000 net losses in Q2 2026 and ...
AT&T's board of directors has declared a quarterly dividend of $0.2775 per common share, payable on November 2, 2026. Dividends will also be paid on the company's Series A and Series C preferred stocks on the same date. Shareholders of record as of O...
