Home / Business / Lumen Fiber Sale To AT&T Unlocks $4.8B Proceeds

Lumen Fiber Sale To AT&T Unlocks $4.8B Proceeds

Lumen closed sale of its Mass Markets fiber business in 11 states, including Quantum Fiber, to AT&T for $5.75 billion.

Lumen Technologies, Inc. (NYSE:LUMN) shares are trading higher on Monday after the company completed the sale of its Mass Markets fiber-to-the-home business in 11 states, including Quantum Fiber, to AT&T (NYSE:T) for $5.75 billion in cash.
The compan… [1230 chars]

Source: Benzinga | Published: 2026-02-02T19:01:58Z

Credit: Benzinga

Tagged: