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 ...

DENVER - Lumen Technologies, Inc. (NYSE: LUMN), a $4.2 billion market cap telecommunications company with annual revenue of $13 billion, announced Monday that its subsidiary, Level 3 Financing ...

Shares of Lumen were down 13% in late afternoon trading. AT&T was up 1%.. The deal, which has not been finalized, could be valued at over $5.5B. Sources told Bloomberg the terms are subject to ...

AT&T is in talks to acquire Lumen Technologies' consumer fiber operations, in a deal that could value the unit at more than $5.5 billion, Bloomberg News reported on Tuesday, citing people with ...

AT&T considers buying Lumen Technologies unit, report says expand AT&T is headquartered in downtown Dallas and is North Texas' second-largest public company by revenue, with $122.43 billion in 2024.

Lumen (LUMN) Technologies has initiated a process to sell its consumer fiber business, as the company eyes phasing out its legacy mass markets business and cutting its large debt pile, Reuters ...

DENVER - Lumen Technologies, Inc. (NYSE: LUMN), a $4.2 billion market cap telecommunications company with annual revenue of $13 billion, announced Monday that its subsidiary, Level 3 Financing, Inc., ...

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.