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 ...
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 ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Late last year, CEO John Stankey ...
As of the start of the year, Lumen’s residential broadband network covered 21.97 million premises across 16 US states. Of these, 4.16 million were using fibre, while the remaining 17.81 million relies ...
Bloomberg reports that AT&T is in talks to acquire Lumen's mass-markets business, which owns fixed-line networks reaching about 22 million homes and businesses, primarily in the western US. Lumen sold ...
AT&T plans to acquire Lumen's mass-market fiber network, which reaches about four million homes and serves one million broadband customers, for $5.75 billion. Lumen will retain its old copper phone ...
What's the news? We're taking the fan experience to the next level with the introduction of AT&T 5G+ at Lumen Field. 5G+ is AT&T's name for 5G delivered using millimeter wave spectrum, which is ideal ...
Brandon Wales, the former executive director at the Cybersecurity and Infrastructure Security Agency, speaks with WSJ’s Steven Rosenbush about a “catastrophic” breach of Verizon, AT&T and Lumen by a ...
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 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 ...
AT&T has clinched a deal to acquire Lumen Technologies' consumer fiber operations for $5.75 billion in cash, the companies said on Wednesday, as the wireless provider adds further scale to its ...