Lumen faces an existential crisis as its wireline telephone business withers. Telecom giant AT&T’s turnaround efforts face some near-term headwinds. The market leader will likely generate better ...

Lumen Technologies said it has reached a deal to sell its consumer fiber business to AT&T for $5.75 billion, as the Monroe-based company shifts its business toward AI. The all-cash deal was announced ...

IOWA, USA — In a move AT&T says is part of its commitment to invest in local communities with high-speed internet connectivity, the company announced on Wednesday it has reached an agreement to ...

In shareholder decisions, a reverse stock split was approved, allowing Lumen to consolidate shares at a ratio between 1-for-2 and 1-for-15. Lastly, Citi adjusted its price target for Lumen to $6.00 ...

AT&T is reportedly in discussions to acquire Lumen Technologies’ consumer fiber operations in a deal that could be valued at over $5.5 billion, according to Bloomberg News. AT&T 5G business Following ...

Some Lumen employees are expected to join AT&T or NetworkCo, ensuring operational continuity across the transitioning footprint. AT&T stated the deal will be largely immaterial to free cash flow and ...

AT&T says its acquisition of Lumen, previously known as CenturyLink, will allow it to “significantly expand” its fiber internet service across major cities, like Denver, Las Vegas, Orlando, and others ...

Two high-yield communications stocks - Lumen Technologies (NYSE:LUMN) and AT&T (NYSE:T) - offer yields well in excess of long-term interest rates at the moment. LUMN boasts a dividend yield of roughly ...

Lumen Technologies (NYSE: LUMN) and AT&T (NYSE: T) are two of the largest telecom companies in the United States. Lumen, formerly known as CenturyLink, is one of the country's largest wireline service ...

DALLAS - AT&T Inc. (NYSE: T) has announced an agreement to acquire the bulk of Lumen Technologies’ (NYSE: LUMN) Mass Markets fiber business for $5.75 billion in cash. The deal, expected to close in ...