The consumer fiber unit, which provides high-speed internet services to residential customers, has been a critical part of Lumen’s mass markets business. However, the company has engaged Goldman ...

Lumen Technologies, Inc. faces a bearish outlook due to shrinking financials and a potential sale of its mass market business, which would further reduce EBITDA. The telecom's mass market unit ...

The company could also instead sell a stake in the fiber unit or sign a joint-venture deal with a strategic partner, according to the sources. Lumen pointed to its policy to not comment on rumors ...

The carrier’s multi-faceted growth strategy to increase profit in its enterprise and mid-market segments is to regroup the business unit and focus on growth products and services, Lumen ...