AT&T’s return to dealmaking looks like the right call

AT&T is set to acquire $23 billion in spectrum licenses from EchoStar, following a previous $6 billion deal for fiber internet assets from Lumen Technologies, reflecting a shift in strategy towards mobile and fiber services. While AT&T’s acquisitions have garnered shareholder support, regulatory scrutiny remains a concern, particularly regarding the consolidation of spectrum among major telecom providers amidst ongoing antitrust considerations.