Lumen has hired a new leader for its public sector business unit in Josh Finke, a 25-year technology industry veteran and most recently a C-level executive at IT managed services provider Compucom. He ...

The telecom-turned-technology-provider wants to grow by building the backbone for AI and in the process has been offloading its nonprofitable business units. Telecom giant AT&T is in talks to buy ...

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AT&T is in talks to acquire Lumen Technologies' consumer fiber operations. As reported by Bloomberg, the two companies are in exclusive discussions that could value the unit at more than $5.5 billion.

In other recent news, Lumen Technologies announced a $1 billion offering by its subsidiary, Level 3 Financing, to refinance existing debt. The proceeds will be used to redeem $924.522 million of its ...

March 25 (Reuters) - AT&T (T.N), opens new tab is in talks to acquire Lumen Technologies' (LUMN.N), opens new tab consumer fiber operations, in a deal that could value the unit at more than $5.5 ...

(Reuters) -Lumen Technologies has kicked off a process to sell its consumer fiber operations, as the telecommunications company looks to phase out its legacy mass markets business and reduce its ...

DENVER - Lumen Technologies, Inc. (NYSE: LUMN), a $4.2 billion market cap telecommunications company with annual revenue of $13 billion, announced Monday that its subsidiary, Level 3 Financing, Inc., ...

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 The move to ...