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AT&T acquiring Quantum Fiber from CenturyLink’s owner for $5.75 billion
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 $5.75 billion in cash, the two companies announced Wednesday.
After the transaction, Dallas-based AT&T will own roughly 95% of Quantum Fiber, an all-fiber residential internet service.
KEY TAKEAWAYS AT&T agreed to buy Lumen Technologies' Mass Markets fiber internet connectivity business for $5.75 billion in ...
AT&T Inc. agreed to buy the consumer fiber operations of Lumen Technologies Inc. for $5.75 billion, expanding its fast ...
Lumen Technologies, the Colorado internet giant better known by many as CenturyLink, is selling its residential business to ...
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AT&T to buy Lumen’s consumer fibre business for $5.75bnUS telecom giant AT&T has agreed to purchase Lumen Technologies' consumer fibre business for $5.75bn in an all-cash deal. The ...
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