AT&T, along with Global Infrastructure Partners and CPP Investments, is creating a joint venture combining Forged Fiber 37 and Gigapower to accelerate fiber internet expansion in the U.S. This venture aims to bring high-speed, reliable fiber connectivity to more than 60 million locations by 2030, supporting growing demand driven by AI and digitalization. The partnership will leverage AT&T's fiber assets and investor capital to expand fiber and 5G services across 16 states, enhancing customer experience with converged connectivity. The deal is expected to close in the first half of 2027, providing AT&T with capital to invest further and reduce debt.
AT&T currently has a market cap of $166.10 billion and offers a dividend yield of 4.58%, reflecting its stable income potential. The stock price is steady at USD 24.24 with no change in the last day as of October 6, 2026, 19:14 WIB. On Pluang, the typical holding period for AT&T shares is 118 days, indicating moderate investor confidence. This joint venture news aligns with AT&T’s strategy to strengthen its infrastructure and financial position.
