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Lumen will retain its copper mass-market network. Why it matters: Lumen's ballooning debt has become burdensome, preventing it from adequately investing in its consumer fiber network business.
Telecom specialist Lumen Technologies (NYSE: LUMN) just announced the sale of its mass-market fiber business to AT&T for $5.75 billion. That move continues the transformation which began last ...
AT&T will buy substantially all of Lumen’s mass markets fiber business for $5.75 billion in a move it says will accelerate high-speed fiber internet access for millions of Americans.
Lumen provides mass market broadband through the brands Quantum Fiber and CenturyLink. The deal is pending approval from the Department of Justice, and is expected to close in the first half of 2026.
DENVER, May 21, 2025--Lumen Technologies, Inc. (NYSE: LUMN) today announced it has entered into a definitive agreement to sell Lumen’s Mass Markets fiber-to-the-home business, including Quantum ...
AT&T has acquired Lumen’s Mass Markets fiber business in an all-cash transaction for $5.75 billion. The move will expand investment in critical U.S. connectivity infrastructure, create jobs, and ...
Lumen’s remaining mass-market business operates in 16 Western US states and Florida. Its network is old, generating nearly three-fourths of revenue from slow broadband and wireline phone services.
AT&T has announced it will acquire Lumen's mass market fiber business for $5.75 billion. In doing so, the carrier says it will expand investment in critical US connectivity infrastructure, create new ...
Lumen enters into a definitive agreement with AT&T to sell its mass market fiber-to-the-home business in 11 states for $5.75 billion. "We are sharpening our focus on enterprise customers, and this ...
Lumen Technologies aims to push further into enterprise technology with a $5.75 billion cash sale of its 11-state mass market fiber-to-home business to AT&T, a deal set to close in the first half ...
Network reliability is crucial for any telecom company; it nearly goes without saying. This is a major reason why investors ...
AT&T (T) is buying Lumen's (LUMN) mass markets fiber assets for $5.75 billion in a deal that is expected to close in the first half of 2026. AT&T CEO John Stankey spoke with Yahoo Finance ...
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