Lumen Technologies, Inc LUMN is looking to offload the consumer fiber business as the company phases out its legacy mass markets business and strives to reduce debt load, according to a report ...
Lumen Technologies' stock surged 200% due to successful debt restructuring and more convexity being priced in the equity. Crown Castle's fiber business sale at a lower-than-expected valuation ...
Lumen posted revenue of $3.2 billion in the third quarter, down 11.5% from the same period a year earlier, while its net loss widened to $148 million. Its fiber broadband business, which accounts ...
Depending on what parts of the consumer fiber unit Lumen chooses to sell and how a deal is structured, the transaction could be valued at $6 billion to $9 billion, the sources said. Lumen and ...
Lumen Technologies has kicked off a process to sell its consumer fiber operations, as the telecommunications company looks to phase out its legacy mass markets business and reduce its sizable debt ...
Lumen aims to reduce debt by selling consumer fiber unit Potential acquirers include industry rivals, sources say Lumen's AI contracts boost share price, market value at $6.2 billion Dec 19 ...
Citi highlights TMT Finance reported yesterday that Lumen (LUMN) is working with two investment banks to explore strategic options for its fiber assets with talks underway. The firm views the news ...