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Lumen Technologies, Inc. (NYSE:LUMN ) TD Cowen 53rd Annual Technology, Media & Telecom Conference Call May 28, 2025 1:50 PM ET Company Participants Chris Stansbury - Executive Vice President and Chief Financial Officer Conference Call Participants Gregory Williams - TD Cowen Gregory Williams Good afternoon. Welcome to Day One of our 53rd Annual TMT TD Cowen Conference.

AT&T CEO John Stankey discusses the company's plans to buy the consumer fiber operations of Lumen Technologies for $5.75 billion. Stankey joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.

Catalysts host Julie Hyman is joined by guest host, WisdomTree Global Chief Investment Officer Jeremy Schwartz, in the first trading hour of May 22, 2025, as they cover the biggest market and financial news. Yahoo Finance reporters weigh in on the changes that could come to President Trump's tax and spending bill when it reaches the Senate.

Lumen's $5.75B fiber asset sale to AT&T is a strategic move to reduce debt and strengthen its balance sheet, driving positive market reaction. The deal positions Lumen to pivot toward next-gen digital services, leveraging its advanced network capabilities for AI, cloud, and security demands. With a $15B total addressable market and strong partnerships, Lumen is well-placed to serve hyperscalers and capitalize on AI-driven network growth.

AT&T Inc (NYSE:T, ETR:SOBA) has agreed to acquire Lumen Technologies' Mass Markets fiber business for $5.75 billion in an all-cash transaction, significantly expanding its fiber network footprint. Lumen's fiber business currently serves about 1 million fiber customers and reaches across 4 million fiber locations across 11 US states, including major cities such as Denver, Las Vegas, Minneapolis, Phoenix, Portland, Salt Lake City, and Seattle.

Lumen Technologies agrees to sell its consumer fiber-optic internet business to telecommunication giant AT&T in a $5.75 billion cash deal. Lumen CEO Kate Johnson joins Julie Hyman and Brad Smith on Catalysts to talk more about the deal and how it's allowing Lumen to focus more on its enterprise business, particularly in its ability to scale and AI.

Lumen offloads consumer fiber assets to AT&T in an all-cash deal, aiming to boost enterprise growth, reduce debt and enhance digital services.

AT&T agreed to buy the consumer fiber operations of Lumen Technologies for $5.75 billion. Chris Palmeri has more on "Bloomberg Open Interest.

AT&T (T) agreed to buy Lumen Technologies' (LUMN) Mass Markets fiber internet connectivity business for $5.75 billion in cash, sending shares of the Denver-based firm soaring in premarket trading Thursday.