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, ...

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 ...

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Lumen Technologies expects to build fiber to an additional 500,000 locations in 2024, matching its pace for 2023. However, some industry watchers believe Lumen could open itself up to fiber ...

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’ Milana ...

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 The move to ...

: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 sizable debt ...