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In late September 2026, AT&T announced a multi-year agreement worth more than US$3.00 billion for Corning to supply fiber and cable to support AT&T’s nationwide network expansion and U.S.-based manufacturing push as data demand rises with AI. Beyond its headline size, this deal highlights Corning’s deep integration into U.S. connectivity infrastructure, tying its fiber capacity directly to AT&T’s goal of reaching 60 million Americans with fast internet by 2030. Next, we’ll examine how this...
John Stankey called SpaceX’s rooftop cellular strategy “not a viable strategy,” citing costs and property-owner permission hurdles.
Shares of glass and electronic component manufacturer Corning (NYSE:GLW) jumped 3.1% in the pre-market session after the company announced a multi-year agreement valued at over $3 billion with AT&T to deliver fiber and cable.
Coherent (COHR) and Amphenol (APH) both sell connections inside AI data centers, but Coherent relies on that business more. Data center and communications made 79% of Coherent's latest quarterly revenue. At Amphenol, sales from IT datacom made up 43% of Q2 2026 sales, and communications networks another 11%. At 68.6 times the past twelve months of profit, Coherent's price makes sense only if its orders become sales and cash. So what does Amphenol offer you that Coherent does not.
Elon Musk 's plan to turn SpaceX into a major threat to the legacy telecom companies is "not a viable strategy," AT&T CEO John Stankey tells Axios.
The multi-year agreement will see Corning supply the fiber and cable AT&T needs to reach 60 million locations by 2030
Corning Inc (NYSE:GLW, XETRA:GLW) will supply the fiber and cable AT&T needs to expand its network under a multi-year agreement valued at more than $3 billion, the companies said on Tuesday. The news sent Corning shares up almost 4%, while AT&T Inc (NYSE:T, XETRA:SOBA) shares were...
Optics stocks cratered after Citi dropped a major optical switching forecast, then buyers rushed back in less than 24 hours. What snapped sentiment around so fast, and how durable is the rebound?
Corning announces a multibillion-dollar partnership to supply AT&T with fiber and cable for high-speed internet.
AT&T said the deal is already reflected in the financial outlook and capital allocation plan provided in its second-quarter 2026 earnings release.
Investing.com -- Corning Incorporated (NYSE:GLW) shares rose 3% Tuesday morning following the announcement of a multi-year agreement with AT&T (NYSE:T) valued at more than $3 billion to supply fiber and cable for network expansion.
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