Home › Lumen sells LatAm network to Stonepeak for $2.7bn
 

Keywords :   


Lumen sells LatAm network to Stonepeak for $2.7bn

2021-07-27 02:00:00| Total Telecom industry news

In recent months, Lumen, formerly CenturyLink, has been seeking to divest itself of various assets in an attempt to pay down its debt. In fact, earlier this month the company was rumoured to be in talks with Apollo Management Global over the potential $5 billion sale of its consumer operations in the US. Now, furthering this strategy, Lumen has announced the sale of its Latin American business to investment firm Stonepeak for around $2…read more on TotalTele.com »

Tags: network sells lumen latam

Category:Telecommunications

Latest from this category

All news
01.12How Kiro AI Agents Accelerate Development from Modernization to Cloud Migration Analysis
28.11Modern IT Service Management is Transforming Managed Services. Heres how. (Part 1)
25.11Is Your AI Operation Achieving Long-Term, Sustainable Growth?
Telecommunications »
05.12Jamie's Italian to return six years after collapse
05.12Ranchbot and Texas A&M partner on ranch management tech
05.12Spain investigating if African swine fever virus came from a lab
05.12Mammary gland receptors indicate other livestock prone to H5N1
05.12Disruption as flights resume at Edinburgh Airport after outage
05.12Martin Lewis on what people misunderstand about credit scores
05.12Martin Lewis on what people misunderstand about credit scores
05.12USMCA hearings highlight deep agricultural divides
More »