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 ...

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 ...

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 ...

One AT&T Plaza in downtown Dallas. AT&T plans to buy Lumen's mass markets division, boosting its fiber reach. CBRE By Sydney Asher – Staff Writer, St. Louis Business Journal May 22, 2025 Preview ...

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 ...

AT&T Inc.'s Q2 outperformance signals resilience, but tariff pressures may challenge margins in 2H25. Click for our updated look at T stock post earnings.

AT&T is headquartered in downtown Dallas and is North Texas' second-largest public company by revenue, with $122.43 billion in 2024.

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.

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 ...