Lumen’s recent business wins around AI suggest “a greater amount of fiber-related demand should still be on the horizon,” a Citi analyst said.

AT&T announced on Wednesday it was acquiring virtually all of Lumen’s mass markets fiber business, in a $5.75 billion all-cash transaction that will help the telecom giant extend its reach to 60 ...

Lumen Technologies, the successor of Qwest Communications International and owner of CenturyLink, has reached an agreement to sell its consumer fiber business, called Quantum Fiber, to AT&T for $5 ...

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.

AT&T will buy substantially all of Lumen’s mass markets fiber business for $5.75 billion in a move it says will accelerate high-speed fiber internet access for millions of Americans.

Lumen Technologies aims for positive free cash flow by 2025, driven by fiber broadband growth. Click here to read my most recent analysis of LUMN stock.

Lumen Technologies LUMN has announced an investment to expand the company’s fiber line by 6 million miles. This is expected to be installed by 2026.

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 Dec 19 ...

Lumen's stock soars further as fiber company boosts forecast on key metric Provided by Dow Jones Aug 7, 2024, 12:16:00 AM. By Emily Bary .

Why fiber company Lumen's stock extended its surge with a 90% pop Provided by Dow Jones Aug 6, 2024, 11:19:00 PM. By Emily Bary .