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
»
27.03Why are tech stocks so volatile?
26.03Trump announces 25% tariffs on car imports to US
26.03Pork is center of plate in new consumer campaign
26.03OQ Chemicals to Launch Heptanoic Acid Production in Germany
26.03Dangerous hitchhikers: Tick-borne pathogen threats to cattle operations in the United States
26.03Faisal Islam: Could surprise on growth save the day?
26.03Farage and NatWest settle dispute over bank account closure
26.03Reverse genetics system for African swine fever virus may aid in developing vaccines
More »