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.

Shares of Lumen were down more than 14% after the report. The terms, which are not yet finalized, could change or the talks might still collapse, according to the report. Both Lumen and AT&T declined ...

A lumen is a unit of measurement for the intensity of the light coming out of a flashlight. The higher the lumens, the brighter the flashlight. I also spoke to survivalists, campers, and ...

Lumen Technologies, Inc. (LUMN) shares surged 16% on Wednesday, outperforming the broader market, after the telecommunication services company announced a partnership with Alphabet, Inc.’s (GOOGL) ...

The consumer fiber unit, which provides high-speed internet services to residential customers, has been a critical part of Lumen’s mass markets business. However, the company has engaged Goldman ...

Lumen is on a mission to provide organizations of all kinds with the extensive, robust, and flexible infrastructure they need to excel in a new era shaped by demanding AI workloads, edge computing ...

Service provider giant Lumen Technologies is teaming up with Google to bring new cloud and network connectivity offerings to enterprises in the wake of the AI workload explosion, the two companies ...

Lumen Technologies shares fell after a report that the company is in talks to sell its fiber business to AT&T. The stock fell 14% to $4.22 on Tuesday afternoon. Shares have lost a quarter of their ...

Lumen is at the forefront of building a next-generation network designed to handle the explosive growth of AI and cloud workloads," said Dave Ward, Lumen's chief technology and product officer.

(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 ...