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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 ...
With the AT&T deal locked down, I am feeling much more positive about Lumen Technologies' future. Check out why I am ...
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AT&T buys most of Lumen’s fiber assets for nearly $6 billion in bid to expand - MSNLumen 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.
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.
Network reliability is crucial for any telecom company; it nearly goes without saying. This is a major reason why investors ...
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 ...
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 ...
AT&T is level set on keeping its perch as the largest fibre player in the US consumer services landscape. With its announced deal to purchase Lumen’s Mass Markets fibre business, AT&T scales up ...
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 ...
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 ...
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.
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