https://www.reuters.com/markets/deals/att-talks-buy-lumens-consumer-fiber-unit-bloomberg-news-reports-2025-03-25/
6 replies (most recent on top)
Did this deal die?
It is all shell games being played at the expense of the working class! The workers will see no change, if the sale goes through, as Lumen leaderless has done nothing but mirror every personnel change that Att has. More twice annually rif and layoffs; capped job titles and hiring practices; no training and constant strain on your personal life whenever they want to pull the "essential" work status. More erosion of benefits and micro managing till the walkout music stops. I do wish they prove me wrong tho ;))))
Old news folks. Offloading consumer fiber was out there back in December 2024. Approx 6 months later and Lumen still cannot unload it. AT&T is gonna offer way less than what Lumen wants for it. AT&T has proper value on it, Lumen trying to raip the buyer. What's left at Lumen? 1Tbps? Now that's a joke too. Stock price too going back to $1.
What the he-l is a ubit?
“Sorry for the typo :) “
No worries, hope you have a good week
Sorry for the typo :)