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 ...

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 stock is rallying following Broadcom's better-than-expected fiscal Q1 report. In addition to beating sales and earnings expectations, Broadcom issued encouraging guidance for Q2. Broadcom's ...

The carrier’s multi-faceted growth strategy to increase profit in its enterprise and mid-market segments is to regroup the business unit and focus on growth products and services, Lumen ...

Lumen Technologies, Inc LUMN is scheduled to report fourth-quarter 2024 results on Feb. 4. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The Zacks Consensus Estimate ...

It was reported in December that Lumen is considering a sale of its consumer fiber business unit, estimated to be worth between $6-9 billion. Lumen's CFO Chris Stansbury has previously said the ...

The company could also instead sell a stake in the fiber unit or sign a joint-venture deal with a strategic partner, according to the sources. Lumen pointed to its policy to not comment on rumors ...

Lumen stock is rising as Microsoft and Meta Platforms move ahead with major new agentic AI initiatives. Microsoft and Meta Platforms signed deals to purchase fiber-network services and related ...