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 » [ more ]

Tags: network sells lumen latam

Category:Telecommunications

Latest from this category

All news
19.06Modernizing for Compliance: A Strategic Roadmap for Public Sector and Higher Ed, including CMMC
10.06Accelerate Your Cloud Journey with Rackspace Elastic Engineering Dedicated Pods
10.06Why Cloud Technology Is Essential for Modern Healthcare Operations
Telecommunications »
23.06Let non-doms pay 250,000 and avoid UK tax, says Farage
23.06How this Startup Taps Critical Minerals Typically Uneconomical to Mine
23.06Kamps Pallets' Matt Klein Appointed to Pellets Fuel Institute Board of Directors
23.06Meridian Waste Reopens Huntsville C&D Transfer Station
23.06Strait of Hormuz: What happens if Iran shuts global oil corridor?
23.06Russia's economy is down but not out
23.06Atlantic Tropical Weather Outlook
23.06Eastern North Pacific Tropical Weather Outlook
More »