Lumen has hired a new leader for its public sector business unit in Josh Finke, a 25-year technology industry veteran and most recently a C-level executive at IT managed services provider Compucom. He ...
The telecom-turned-technology-provider wants to grow by building the backbone for AI and in the process has been offloading its nonprofitable business units. Telecom giant AT&T is in talks to buy ...
(Reuters) -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 ...
U.S. telecom AT&T (NYSE:T) is in discussions to buy the consumer fiber business of Lumen Technologies (NYSE:LUMN), Bloomberg reported Tuesday, citing people with knowledge of the matter. Shares of ...
(Reuters) -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 ...
Sources told Reuters that Lumen is working with investment bankers at Goldman Sachs over a potential deal, while a joint venture could also be explored. A sale will help the company reduce its debt, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Dallas-based AT&T is reportedly ...
March 25 (Reuters) - AT&T (T.N), opens new tab is in talks to acquire Lumen Technologies' (LUMN.N), opens new tab consumer fiber operations, in a deal that could value the unit at more than $5.5 ...