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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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Lumen (LUMN) Technologies has initiated a process to sell its consumer fiber business, as the company eyes phasing out its legacy mass markets business and cutting its large debt pile, Reuters’ Milana ...

U.S. telecom AT&T (NYSE:T) is in discussions to buy the consumer fiber business of Lumen Technologies (NYSE:LUMN), Bloomberg reported Tuesday, citing people with knowledge of the matter. Shares of ...

According to today's report, AT&T could buy Lumen's consumer fiber business for roughly $5.5 billion. While a sale could generate a significant amount of cash for the debt-laden Lumen, there are good ...

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 ...