Large-scale acquisitions of fiber optic cable companies
This monthly tracker details key acquisitions, like AT&T buying Lumen's fiber assets and Google's $32B move for Wiz, highlighting how consolidation is shaping the competitive landscape. 2025 has seen major telecom and tech M&A activity, including billion-dollar deals in fiber, AI, cloud, and cybersecurity. In an exclusive interview from a Corning factory in Hickory, North Carolina, CEO Wendell Weeks told CNBC that he thinks "next year the hyperscalers will be our biggest customers. The first half of 2025 unleashed a tidal wave of internet provider mergers and acquisitions that's reshaping how Americans connect to the internet. This updated list ranks the 20 largest fiber-optic cable companies worldwide and summarizes what each vendor is best known for—core product lines, regional strengths, and typical project fit. Meta announced it's acquiring Manus, a Singapore-based AI startup, as the company aims to ramp its advanced AI capabilities.
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