News

Lumen Q2 2025 gains likely came from PCF momentum and AI-driven growth, despite legacy drag and high debt concerns.
AT&T stock gained in the wake of a report it's in talks to acquire Lumen Technologies ' consumer fiber-optic network business for $5.5 billion. T stock has advanced 20% in 2025 as investors focus ...
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%.
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 ...
Lumen, AT&T, and Verizon (VZ). I own both AT&T and Verizon in my SWAN income portfolio for my Winter Warrior Investor Retirement Income Marketplace Service, yet favor AT&T over Verizon at present ...
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 ...
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.