(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 ...
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 ...
In other recent news, Lumen Technologies announced a $1 billion offering by its subsidiary, Level 3 Financing, to refinance existing debt. The proceeds will be used to redeem $924.522 million of its ...
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, ...
DENVER - Lumen Technologies, Inc. (NYSE:LUMN) announced Thursday that its wholly-owned subsidiary, Level 3 Financing, Inc., plans to offer an additional $425 million aggregate principal amount of ...
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., ...