AT&T to acquire Lumen Technologies' fiber business
AT&T Inc (NYSE:T, ETR:SOBA) has agreed to acquire Lumen Technologies' Mass Markets fiber business for $5.75 billion in an all-cash transaction, significantly expanding its fiber network footprint. Lumen's fiber business currently serves about 1 million fiber customers and reaches across 4 million fiber locations across 11 US states, including major cities such as Denver, Las Vegas, Minneapolis, Phoenix, Portland, Salt Lake City, and Seattle.
LUMN Sells Consumer Fiber Business to AT&T to Sharpen Enterprise Focus
Lumen offloads consumer fiber assets to AT&T in an all-cash deal, aiming to boost enterprise growth, reduce debt and enhance digital services.
AT&T Agrees to Buy Lumen's Mass Markets Fiber Internet Business for $5.75B
AT&T (T) agreed to buy Lumen Technologies' (LUMN) Mass Markets fiber internet connectivity business for $5.75 billion in cash, sending shares of the Denver-based firm soaring in premarket trading Thursday.
AT&T CEO John Stankey talks acquiring Lumen's mass market fiber business
AT&T Chairman and CEO John Stankey joins 'Closing Bell Overtime' to talk its recent announcement of acquiring Lumen's fiber business.
Lumen Surges 30% in a Month: Where Will the Stock Head From Here?
Higher demand for LUMN's PCF solutions bodes well, but a debt-laden balance sheet and competition in the AI space remain overhangs.
Lumen Technologies, Inc. (LUMN) Annual JPMorgan Global Technology, Media and Communications Conference (Transcript)
Lumen Technologies, Inc. (NYSE:LUMN ) Annual JPMorgan Global Technology, Media and Communications Conference Call May 15, 2025 8:40 AM ET Company Participants Chris Stansbury - Executive Vice President and Chief Financial Officer Conference Call Participants Sebastiano Petti - JPMorgan Chase & Co. Sebastiano Petti Good morning, everyone. I'm Sebastiano Petti, and I cover the telecom, cable and satellite space at JPMorgan.
Lumen Technologies (NYSE: LUMN) Stock Price Prediction and Forecast 2025-2030 (May 2025)
Concerns about the future prospects for Lumen Technologies Inc. (NYSE: LUMN) have lingered.
Lumen Technologies: AI Optimism Is Premature
Since my last writing, Lumen Technologies has embarked on an AI transformation and showed material progress. The company secured $8 billion in AI infrastructure orders, substantially improved its financial stability and flexibility. But it is still facing significant financial challenges, including continued EPS losses, debt burden, and heavy capital expenditure needs.
Lumen Technologies: Turnaround Opens Up New Income Opportunity
Lumen Technologies is undergoing a transformation driven by AI demand, with first-quarter earnings showing a shift from legacy services to AI infrastructure. The company's debt profile improved, refinancing loans to reduce interest expenses by $55 million annually, with most debt maturing in 2029 or later. Positive cash flow and reiterated 2025 guidance, with 2026 EBITDA expected to exceed $3.5 billion, indicate a promising growth trajectory.
Lumen Q1 Loss Narrower Than Expected, Revenues Fall Y/Y
LUMN's first-quarter performance has been cushioned by increases in North American Business Grow and Waves revenues. The company reiterates outlook for 2025.
Lumen Technologies, Inc. (LUMN) Q1 2025 Earnings Call Transcript
Lumen Technologies, Inc. (NYSE:LUMN ) Q1 2025 Earnings Conference Call May 1, 2025 5:00 PM ET Company Participants Jim Breen - SVP, IR Kate Johnson - CEO Chris Stansbury - CFO Conference Call Participants Michael Rollins - Citi Batya Levi - UBS Jim Schneider - Goldman Sachs Nick Del Deo - MoffettNathanson Greg Williams - TD Cowen Frank Louthan - Raymond James Jonathan Chaplin - New Street Research Operator Greetings, and welcome to the Lumen Technologies' First Quarter 2025 Earnings Call. During the presentation, all lines will be in a listen-only mode.
Lumen (LUMN) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Lumen (LUMN) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
