News

AT&T Bets $5.75 Billion on Fiber Expansion
AT&T is acquiring the consumer fiber assets of Lumen in an $5.75 billion deal. The company has a big opportunity to grow the penetration rate and bundle its wireless service. AT&T will offload some ...
AT&T Agrees to Buy Lumen's Mass Markets Fiber Internet Business for $5.75B
AT&T agreed to buy Lumen Technologies' Mass Markets fiber internet connectivity business for $5.75 billion in cash, sending ...
AT&T acquiring Quantum Fiber from CenturyLink’s owner for $5.75 billion
Lumen Technologies, the successor of Qwest Communications International and owner of CenturyLink, has reached an agreement to ...
AT&T And Lumen Technologies Strike A Win-Win Bargain
AT&T's $5.75B acquisition of Lumen's Mass Markets fiber business accelerates its fiber growth strategy. Click here to find ...
Lumen CEO talks AT&T deal, enterprise: We have 'right to win' in AI
Lumen Technologies (LUMN) agrees to sell its consumer fiber-optic internet business to telecommunication giant AT&T (T) in a ...
AT&T buys into fiber-optic networks in Minnesota, 10 other states
Consumers in Minnesota stand to benefit from a deal announced Wednesday between AT&T and Lumen, a provider of fiber-optic ...
Analysts stay bullish after AT&T's deal for Lumen's consumer fiber biz
B purchase of Lumen's (NYSE:LUMN) consumer fiber business as "a positive" and "strategically aligned." The transaction will ...
Lumen shares surge as AT&T inks $5.75B fiber network deal
Shares of Lumen Technologies Inc (NYSE:LUMN) rose 15.5% on Wednesday after AT&T Inc (NYSE:T) announced a $5.75 billion acquisition of a significant portion of Lumen’s Mass Markets fiber business. AT&T ...