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Lumen taking its private cloud capabilities to the edge

2021-08-19 02:00:00| Total Telecom industry news

Lumen Technologies has introduced Lumen Edge Private Cloud, providing pre-built infrastructure for high performance private computing connected to a global fiber network. Lumen Edge Private Cloud is fully managed by Lumen and helps businesses go-to-market quickly with the capacity needed for interaction-intensive applications. "Lumen has decades of experience helping our customers implement private cloud solutions for critical workloads…read more on TotalTele.com »

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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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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 »

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Lumen sells LatAm unit to Stonepeak for USD 2.7 bln

2021-07-26 14:48:00| Telecompaper Headlines

(Telecompaper) Lumen Technologies, formerly known as CenturyLink, has confirmed an agreement to sell its Latin American business to investment firm Stonepeak for USD 2.7 billion...

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Lumen mulls $5bn sale of consumer biz to Apollo Global Management

2021-07-15 02:00:00| Total Telecom industry news

According to reports from Bloomberg, Apollo Global Management is in discussions to acquire a selection of consumer business assets from Lumen Technologies in a transaction that could be worth around $5 billion. The target assets are, according to sources, situated in a number of US states, with a deal potentially set to be announced in the coming weeks. This rumour, if proved true, would not come as too much of a surprise…read more on TotalTele.com »

Tags: management sale global consumer

 

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