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
10.02Turning AI into Measurable Outcomes with Private Cloud
06.02How Proactive Threat Hunting Stopped INC Ransom Before the Alert
04.02Getting Started With AI: A Practical Path Forward
02.02Community Impact 2025: A Global Year of Giving Back
Telecommunications »
14.02This Week in Agribusiness, February 14, 2026
14.02This Week in Agribusiness, February 14, 2026
14.02Rising vet costs leave charity with 400k bill
14.02Is dining out dying out?
13.02Heathrow not crowded but people walk in 'wrong place', says boss
13.02Amazon's Ring ends deal with surveillance firm after backlash
13.02Andrew facing claim he shared Treasury document with banking contact
13.02Head of Dubai-based ports giant quits after Epstein links revealed
More »