Lumen Q2 2025 gains likely came from PCF momentum and AI-driven growth, despite legacy drag and high debt concerns.

AT&T will acquire substantially all of Lumen's Mass Markets fiber business, which today totals about 1 million fiber customers and reaches more than 4 million fiber locations across 11 U.S. states.

AT&T (T) to acquire Lumen’s Mass Markets fiber-to-the-home business for a total consideration of $5.75 billion in cash Upon closing, Lumen intends to use the net proceeds of approximately $4.2 ...

AT&T also operates a smaller wireline business, but it generates most of its revenue from its larger wireless business. Over the past 12 months, Lumen's stock plunged 73% as AT&T's stock dipped 16%.

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

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 also operates a smaller wireline business, but it generates most of its revenue from its larger wireless business. Over the past 12 months, Lumen's stock plunged 73% as AT&T's stock dipped 16%.

AT&T to acquire Lumen's fiber business for $5.75B, expanding its network to major cities and aiming to reach 60M fiber locations by 2030.

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 ...

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 ...