Corning’s GLW Stock Surges on Multi-Billion Dollar AT&T Deal: Fiber Network Expansion Fuels Growth

Corning Incorporated (GLW) shares are soaring in premarket trading after the company announced a multi-year agreement with AT&T (T) worth over $1 billion. This deal expands their longstanding partnership and focuses on delivering high-speed internet access to more Americans through AT&T’s fiber network expansion. Corning’s advanced fiber, cable, and connectivity solutions, including its latest Evolv technology, will be instrumental in this effort. The deal is expected to significantly boost Corning’s revenue and contribute to its ambitious growth plans.

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