AT&T, BlackRock’s GIP and CPP Investments form US wholesale fiber joint venture

• AT&T agreed to form a U.S. wholesale fiber open-access joint venture with Global Infrastructure Partners, a BlackRock unit, and CPP Investments.
• Venture will combine Forged Fiber 37, built from assets acquired from Lumen, with Gigapower, its existing wholesale fiber JV with GIP.
• Ownership split set at 50% for AT&T; GIP and CPP Investments to hold the remaining 50% collectively.
• Transaction expected to close in the first half of 2027, subject to regulatory approvals.
• Deal targets faster fiber expansion toward more than 60 million fiber locations by end-2030; AT&T expects cash proceeds at closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AT&T Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202610060831CANADANWCANADAPR_C4431) on October 06, 2026, and is solely responsible for the information contained therein.