1520 ET - Fiber operations are a big opportunity for telecommunications companies to capitalize on the rise of data-center construction to power artificial intelligence, Citizens analyst Greg Miller tells WSJ. Data centers are increasingly being built in remote areas like North Dakota and Alabama, where there is more power available for them, but those centers need a lot of fiber to connect them back to a broader network, Miller says. Telecom companies are trying to get ahead of this: Zayo just bought Crown Castle's fiber segment and AT&T is reportedly in talks with Lumen Technologies to buy its fiber unit, following a deal for Lumen to provide fiber for Microsoft's data centers. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
March 27, 2025 15:20 ET (19:20 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。