According to the company, the bill’s passage means it can now extend fiber to an additional one million homes and businesses every year starting in 2026.

That’s on top of the 30 million locations already reached, with a new goal of 60 million by 2029 — made possible by a mix of tax incentives and regulatory clarity.

New Law Removes Barriers to Broadband Growth

The Big Beautiful Bill introduces a wide range of reforms that make broadband expansion easier and cheaper. These include:

• Favorable tax treatment for long-term fiber infrastructure

• Faster asset depreciation schedules

• Certainty in capital deployment for high-speed networks

This allows AT&T to scale its network faster while maintaining sustainable financial margins — a must for large-scale infrastructure projects.

$5.75 Billion Lumen Deal Pairs with Trump’s Reforms

Just weeks before the bill’s passage, AT&T announced its acquisition of Lumen’s mass market fiber business for $5.75 billion. The transaction is expected to add millions of new customer locations.

Thanks to the Big Beautiful Bill, AT&T will accelerate integration and expansion plans, turning the Lumen deal into a cornerstone of its 2026–2029 growth strategy.

CEO John Stankey’s Vision: U.S. Leadership in Fiber

AT&T CEO John Stankey has long made clear his ambition to put AT&T at the top of the fiber and 5G markets. The bill gives him the tools to do just that.

In combination with its Gigapower joint venture with BlackRock, AT&T now expects to cover 60 million U.S. locations with fiber by 2029 — far ahead of schedule, thanks to Trump’s pro-growth agenda.

Spectrum Fix Opens Doors for 5G Expansion

The Big Beautiful Bill also fixes a major issue: the two-year spectrum auction lapse that had hobbled the FCC. By restoring the FCC’s authority to auction mid-band spectrum, the legislation enables:

• Faster 5G rollout

• Lower latency for mobile users

• Better rural wireless coverage

AT&T highlighted this in its statement, emphasizing how the bill supports high-speed builds and restores global competitiveness in wireless technology.

DIRECTV Exit Funds Future Investments

In another strategic move, AT&T sold its 70% stake in DIRECTV to TPG Capital for $7.6 billion. The proceeds are already earmarked for fiber and 5G network growth, showing the company’s full pivot toward next-generation technology.

Trump’s bill makes these investments less risky and more rewarding, thanks to improved tax policy and long-term infrastructure incentives.

Industry Momentum Builds Across the Board

Other telecom giants are also expected to benefit from the bill, but AT&T was first out of the gate to announce its expanded ambitions. The company says the legislation gives them the certainty needed to “invest more rapidly in next-generation networks.”

With soaring internet usage and remote work trends, high-speed fiber and 5G have never been more important to the American economy.

Conclusion: Infrastructure Reimagined, Innovation Reignited

The One Big Beautiful Bill is already reshaping the landscape for U.S. broadband. For AT&T, it means faster expansion, bigger goals, and a renewed commitment to serving more Americans with world-class connectivity.

With the right tools in place, the next wave of broadband growth is not just possible — it’s inevitable. And thanks to President Trump’s bold action, the future of American connectivity looks faster, smarter, and more secure than ever.

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