(Bloomberg) -- AT&T Inc. agreed to buy the consumer fiber operations of Lumen Technologies Inc. for $5.75 billion, expanding its fast broadband service in major cities like Denver and Las Vegas.

However, Lumen’s fiber business is accretive in the long term. In contrast, LUMN stock rose by 8.53% at the time of writing. Chief Finance Officer Chris Stansbury said that although it is a ...

AT&T Inc. agreed to buy the consumer fiber operations of Lumen Technologies Inc. for $5.75 billion, expanding its fast broadband service in major cities like Denver and Las Vegas. AT&T will pay ...

By Milana Vinn (Reuters) -AT&T has clinched a deal to acquire Lumen Technologies' consumer fiber operations for $5.75 billion in cash, the companies said on Wednesday, as the wireless provider ...

(Elías Valverde II / Staff Photographer) 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 ...

She previously worked at The Wall Street Journal and Bloomberg. Smith Collection / Gado / Getty Images AT&T agreed to buy Lumen Technologies' Mass Markets fiber internet connectivity business ...

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 ...

Finance and more. AT&T is purchasing around 95% of Lumen’s Quantum Fiber service for $5.75 billion, the company announced in a statement on Wednesday. AT&T Fiber is currently available to 12. ...

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May 21 ended up being a really interesting day for shareholders of both AT&T (NYSE:T) and Lumen Technologies (NYSE:LUMN). This is because, after the market closed, the management teams of both ...

AT&T has clinched a deal to acquire Lumen Technologies' consumer fiber operations for $5.75 billion in cash, the companies said on Wednesday, as the wireless provider adds further scale to its ...