Sources told Reuters that Lumen is working with investment bankers at Goldman Sachs over a potential deal, while a joint venture could also be explored. A sale will help the company reduce its debt, ...

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 ...

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 ...

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 ...

(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 ...

(Reuters) -AT&T is in talks to acquire Lumen Technologies' consumer fiber operations, in a deal that could value the unit at more than $5.5 billion, Bloomberg News reported on Tuesday, citing people ...