On the bottom line, Lumen racked up a net loss of $1.5 billion in 2022, compared to its net profit of $2.0 billion in 2021, and analysts expect a loss of $8.3 billion in 2023.

AT&T has clinched a deal to acquire Lumen Technologies' consumer fiber operations for $5.75 billion in cash, the companies said on Wednesday, as the wireless provider adds further scale to its ...

US telco AT&T is pushing to sell its Mexican unit and exit the market just over a decade after entering the country. As ...

Lumen announced its divestiture of its consumer fiber business to AT&T for aftertax proceeds of $4.2 billion. The deal will allow Lumen to improve its balance sheet while focusing on its ...

Lumen Technologies said it has reached a deal to sell its consumer fiber business to AT&T for $5.75 billion, as the Monroe-based company shifts its business toward AI. The all-cash deal was ...

Date 2025-05-21 04:16:06 MENAFN AT&T agrees to acquire substantially all of Lumen's Mass Markets fiber internet connectivity business in a deal that's expected to close in the first half of 2026 ...

We're taking the fan experience to the next level with the introduction of AT&T 5 G+ at Lumen Field. 5 G+ is AT&T's name for 5 G delivered using millimeter wave spectrum, which is ideal for high ...

Thesis Firstly, let me be crystal clear up front: I am not recommending you buy AT&T (NYSE: T) simply because it's the lesser of the two evils when compared to Lumen (NYSE: LUMN). A's problem does ...

DALLAS - AT&T Inc. (NYSE: T) has announced an agreement to acquire the bulk of Lumen Technologies’ (NYSE: LUMN) Mass Markets fiber business for $5.75 billion in cash. The deal, expected to close in ...

On Wednesday, AT&T Inc. (NYSE: T) announced an agreement to acquire substantially all of Lumen Technologies’ (NYSE: LUMN) consumer fiber business for $5.75 billion in cash, subject to purchase ...

AT&T says its acquisition of Lumen, previously known as CenturyLink, will allow it to “significantly expand” its fiber internet service across major cities, like Denver, Las Vegas, Orlando ...