Lumen Technologies, the Colorado internet giant better known by many as CenturyLink, is selling its residential business to AT&T. AT&T will gain 1 million internet customers from the $5.75 billion acquisition, the company said in a statement. It will expand its reach in metro areas in 11 states, including Denver, according to the statement.

IOWA, USA — In a move AT&T says is part of its commitment to invest in local communities with high-speed internet connectivity, the company announced on Wednesday it has reached an agreement to purchase most of Lumen Technologies' fiber internet business.