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Lumen sells CenturyLink business in 20 states to Apollo for USD 7.5 bln

2021-08-04 09:00:00| Telecompaper Headlines

(Telecompaper) Lumen Technologies has agreed to sell its local telecom business in 20 states to Apollo Global Management for USD 7.5 billion, including around USD 1.4 billion in debt...

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CenturyLink rebrands as Lumen

2020-09-14 15:35:00| Telecompaper Headlines

(Telecompaper) US-based operator CenturyLink said it changed its name to Lumen Technologies. As Lumen Technologies, or simply Lumen, the company said it will help lead enterprises through the challenges and opportunities of the 4th Industrial Revolution a time when smart, connective devices are everywhere. Lumen brings a new focus on how the company views the marketplace and the world, with the purpose of furthering human progress through technology. 

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CenturyLink network problems hit internet services worldwide

2020-08-31 09:17:00| Telecompaper Headlines

(Telecompaper) US-based operator CenturyLink suffered a major IP outage on 30 August, affecting internet services around the world. The event followed a mis-configuration at one of its data centres and took seven hours to fix. 

Tags: services internet problems network

 

CenturyLink fined USD 9 mln in Minnesota for overcharging customers

2020-01-09 15:11:00| Telecompaper Headlines

(Telecompaper) After paying USD 4 million to the state of Oregon and EUR 6.1 million to the state of Washington, CenturyLink has now agreed to pay USD 8.9 million to the state of Minnesota, settling accusations it overcharged customers. Minnesota Attorney General Keith Ellison said the company has also agreed to make "significant" billing reforms, including the disclosure of true prices, to honour all prices and discounts as promised, and to stop all "sham" internet fees.

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