News

AT&T agreed to buy Lumen Technologies' Mass Markets fiber internet connectivity business for $5.75 billion in cash, sending shares of the Denver-based firm soaring in premarket trading Thursday. AT&T ...
Lumen Technologies, the successor of Qwest Communications International and owner of CenturyLink, has reached an agreement to sell its consumer fiber business, called Quantum Fiber, to AT&T for $5.75 ...
With undersea cables accounting for more than 99% of international data traffic, a robust terrestrial network is vital for ...
Some Lumen employees are expected to transfer to AT&T or NetworkCo as part of the deal. Lumen’s enterprise fibre customers and Mass Markets copper-based customers, along with th ...
AT&T Inc. agreed to buy the consumer fiber operations of Lumen Technologies Inc. for $5.75 billion, expanding its fast broadband service in major cities like Denver and Las Vegas. AT&T will pay cash ...
Lumen Technologies, the Colorado internet giant better known by many as CenturyLink, is selling its residential business to ...
Lumen Technologies has entered into a definitive agreement to sell Lumen’s Mass Markets fiber-to-the-home business, including Quantum Fiber, in eleven states to AT&T for a total of $5.75 billion in ...
According to CEO Kate Johnson, the company will receive net proceeds of $4.8 billion. Lumen can use those funds to reduce its debt or support its growing need to increase its capital expenditures as ...
DENVER--(BUSINESS WIRE)--Lumen Technologies (NYSE: LUMN) today announced the election of Michelle J. Goldberg and Steve McMillan to its Board of Directors, effective as of the company’s 2025 ...
DENVER--(BUSINESS WIRE)--Lumen Technologies (NYSE: LUMN) today announced the appointment of Mark Hacker as Executive Vice President and Chief Legal Officer, effective immediately. Hacker brings ...
AT&T Inc. agreed to buy the consumer fiber operations of Lumen Technologies Inc. for $5.75 billion, expanding its fast broadband service in major cities like Denver and Las Vegas. AT&T will pay ...
AT&T has clinched a deal to acquire Lumen Technologies' consumer fiber operations for $5.75 billion in cash, the companies ...