Corning Secures $3B Fiber Supply Deal with AT&T

Key Facts

1Corning signed a multi-year supply agreement with AT&T to provide fiber and cable valued at more than $3 billion.

Corning signed a multi-year supply agreement with AT&T to provide fiber and cable valued at more than $3 billion. Reuters reported that the deal is designed to support AT&T's network infrastructure expansion as it aims to bring internet services to 60 million Americans by the end of 2030.

Corning (GLW) shares closed at $151.59 on September 28, 2026, while AT&T (T) closed at $24.90 on the same date. The agreement comes as AT&T anticipates monthly household data usage to reach between 2 and 2.5 terabytes by 2030, driven by the growth of streaming and artificial intelligence.