Telecom firm Lumen to sell some US business in US$7.5 billion deal

Singapore News News

Telecom firm Lumen to sell some US business in US$7.5 billion deal
Singapore Latest News,Singapore Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

REUTERS: Lumen Technologies said on Tuesday it would sell some of its U.S. business, to Apollo Global Management Inc in a deal valued at ...

REUTERS: Lumen Technologies said on Tuesday it would sell some of its U.S. business, to Apollo Global Management Inc in a deal valued at US$7.5 billion.

Under the terms of the transaction, Lumen will retain its incumbent local exchange carrier assets in 16 states, as well as its national fiber routes and competitive local exchange carrier) networks, the company said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Square to buy Afterpay for US$29 billion as buy now, pay later boomsSquare to buy Afterpay for US$29 billion as buy now, pay later boomsU.S. fintech company Square Inc said on Monday it had agreed to purchase Australian buy now/pay later firm Afterpay Ltd for about US$29 billion.
Read more »

Square to buy Australia's Afterpay for US$29 billionSquare to buy Australia's Afterpay for US$29 billionU.S. fintech company Square Inc said on Monday it had agreed to purchase Australian buy now/pay later firm Afterpay Ltd for about US$29 billion.
Read more »

Fintech company Square to buy Afterpay for US$29 billion as buy now, pay later boomsFintech company Square to buy Afterpay for US$29 billion as buy now, pay later boomsU.S. fintech company Square Inc said on Monday it had agreed to purchase Australian buy now/pay later firm Afterpay Ltd for about US$29 billion.
Read more »

Singapore records S$7.5 billion in luxury property transactions in first half of 2021Singapore records S$7.5 billion in luxury property transactions in first half of 2021According to a Knight Frank report, wealth generated in or imported into Singapore is driving demand for both non-landed and landed luxury homes.
Read more »

The US$29 billion deal in 11 weeks: how Square bought AfterpayThe US$29 billion deal in 11 weeks: how Square bought AfterpayJack Dorsey introduced the world to expressing itself in just 140 characters as the creator of Twitter Inc, and his payments company, Square Inc, ...
Read more »

Square to buy Afterpay for US$29 billion as buy now, pay later boomsSquare to buy Afterpay for US$29 billion as buy now, pay later boomsSquare will purchase buy now, pay later (BNPL) firm Afterpay Ltd for about US$29 billion in Australia's biggest-ever buyout, creating an online ...
Read more »



Render Time: 2025-03-12 07:46:52