Fiber internet is on the rise, available in over nine million U.S. households, according to the Fiber Broadband Association. It may already be available in your neighborhood; it’s just a matter ...
Crown Castle's fiber business sale at a lower-than-expected valuation highlights the sector's weak pricing power and competitive challenges. In light of the transaction comparison, Lumen's fair ...
A sale will help the company reduce its debt ... As of the end of September, Lumen operated 4.1 million fiber-enabled locations. Another high-profile fiber deal in North America is Bell Canada's ...
A welder this month at the Deep Sky carbon capture facility under construction in Innisfail, Alberta.Credit...Amber Bracken for The New York Times Supported by By David Gelles and Christopher ...
School of Chemistry and Materials Science, University of Science and Technology of China, Hefei 230026, P. R. China Engineering Research Center of Environmentally Friendly and High-Performance ...
Lumen Technologies has kicked off a process to sell its consumer fiber operations, as the telecommunications company looks to phase out its legacy mass markets business and reduce its sizable debt ...
After Bloomberg reported that Crown Castle (CCI) is preparing to sell its fiber/small cell business to TPG (TPG) for $8B, Wells Fargo estimates that a sale at that valuation would be about 27% ...
Lumen posted revenue of $3.2 billion in the third quarter, down 11.5% from the same period a year earlier, while its net loss widened to $148 million. Its fiber broadband business, which accounts ...
Lumen Technologies has launched a sale process for its consumer fiber operations, Reuters reports, citing unidentified people familiar with the matter. Lumen is working with Goldman Sachs to gauge ...
Citi highlights TMT Finance reported yesterday that Lumen (LUMN) is working with two investment banks to explore strategic options for its fiber assets with talks underway. The firm views the news ...
A potential sale comes as activist investor Elliott Investment Management has been pushing Crown Castle (CCI) to make changes, including evaluating the fiber unit, since late last year.
Dec 19 (Reuters) - Buyout firm TPG (TPG.O), opens new tab is in advanced talks to buy the fiber unit of tower operator Crown Castle (CCI.N), opens new tab for about $8 billion, a person familiar ...