$T Signs $3 Billion Multiyear Fiber Deal With $GLW to Expand Internet Reach to 60 Million Americans by 2030

AT&T has partnered with Corning in a multiyear deal worth more than $3 billion to expand its fiber internet service, according to TheStreet. Corning will supply the fiber and cable AT&T needs, and AT&T said the deal will help it provide fast, reliable internet to 60 million Americans by the end of 2030.
AT&T said the average AT&T Fiber household now uses more than 1 terabyte of data per month, five times more than in 2016, and expects that to reach 2 to 2.5 terabytes by 2030. AT&T CEO John Stankey said fiber's speed, reliability, and capacity remain unmatched for any home or business. AT&T said satellite will only complement its networks, extending connectivity in about 2% of remote locations.
Competition in broadband is intensifying:
- Verizon has been expanding its fiber reach through its $20 billion Frontier acquisition, finalized in January.
- T-Mobile updated its fiber offerings in April with lower entry-level pricing.
- Starlink has surpassed 12 million high-speed internet customers worldwide this year.
Broadband customer additions in the second quarter of 2026, according to Recon Analytics:
- AT&T added 646,000 internet customers.
- T-Mobile added roughly 520,000.
- Verizon added 348,000.
- Spectrum and Comcast lost a combined 339,000.
A December CableTV.com survey found that 47% of U.S. consumers use fiber and 5G home internet, compared with 40% who rely on cable internet. Wolfe Research analyst Peter Supino said broadband competition should keep heating up, and that if Starlink cuts prices, fixed wireless access will decelerate and cable will shrink faster.