In TrendsStock MarketStocks To WatchGold and SilverNSE RebalancingITRAT&T signs over $3 billion fiber deal with Corning as data demand surgesAT&T will source fibre and cable from Corning under the multi-year agreement as it targets 60 million fibre locations by 2030. The deal comes as AI workloads, cloud computing and connected devices push demand for faster, scalable networks.By Reuters September 29, 2026, 7:58:31 PM IST (Published)(Photo Credit : Reuters)AT&T on Tuesday said it had signed a multi-year deal worth more than $3 billion with Corning to procure fiber and cable, as the telecom giant expands its network to meet surging demand for data.Corning shares rose 3.3% in premarket trading.Fiber network build-out has emerged as a critical growth area for the telecom industry as the wireless market matures and internet usage surges.Growing demand for data-intensive services, including AI workloads, cloud computing and connected devices, is increasing the need for faster, more resilient and scalable fiber networks.”The average AT&T Fiber household now uses more than 1 terabyte each month, 5x more than in 2016. And that number is expected to keep climbing,” AT&T said. Also read: AI market must touch $ 6 trn by 2031 annually to fund infra build-out: Report Fiber is…
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