Lumen technologies advances enterprise market focus with sale of consumer fiber-to-the-home business to at&t

Denver--(business wire)--lumen technologies, inc. (nyse: lumn) today announced it has entered into a definitive agreement to sell lumen's mass markets fiber-to-the-home business, including quantum fiber, in eleven states to at&t (nyse: t) for a total of $5.75 billion in cash, subject to working capital and other various purchase price adjustments. the transaction marks another important, bold step in lumen's transformation into the leading enterprise digital networking company. “we are shar.
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