Wells upgrades Lumen to Equal Weight
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Lumen Reportedly Looking to Offload its Consumer Fiber BusinessLumen Technologies, Inc LUMN is looking to offload the consumer fiber business as the company phases out its legacy mass markets business and strives to reduce debt load, according to a report ...
a digital platform for delivering fiber-based products and services to residents and small business customers that‘s based on Lumen’s extensive fiber footprint and network infrastructure.
Lumen reported a 5% decline in sales and a 4% drop in adjusted EBITDA year over year, the slowest rate of decline in several quarters. The firm announced no new fiber deals. Management expects a ...
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