Lumen Technologies has closed the $7.5 billion sale of its ILEC (incumbent local exchange carrier) business in 20 states to Brightspeed. The company has confirmed the sale in a detailed press release, ...

Lumen has offloaded its ILEC business in 20 states to Apollo-owned Brightspeed in a deal that the carrier hopes will give it the financial fortitude to go after its multifaceted enterprise growth ...

The service provider has received regulatory approval to sell its ILEC business, which includes its consumer, small business, wholesale and mostly copper-served enterprise customers and assets in 20 ...

Lumen Technologies has agreed to sell its incumbent local exchange carrier business to Apollo Global Management for $7.5 billion. According to terms of the deal, Lumen will retain its ILEC assets in ...

In another sign of how risk-averse investors have become, Brightspeed has withdrawn a proposed leveraged loan and high-yield bond package in connection with Apollo Global Management’s acquisition of ...

Lumen Technologies’ LUMN sale of incumbent local exchange carrier (ILEC) business to Brightspeed has been approved by the Federal Communications Commission ("FCC"). The sale of the company’s ILEC ...

(RTTNews) - Lumen Technologies (LUMN) said the Federal Communications Commission has approved the sale of Lumen Technologies' incumbent local exchange carrier business in 20 states to Brightspeed. The ...

Kindred, ND – MLGC, a fourth-generation, family-owned telecommunications company, proudly announces its designation as the Incumbent Local Exchange Carrier (ILEC) in the Kindred and Leonard exchanges ...

Lumen Technologies Aug. 3 entered into a definitive agreement to sell its ILEC (incumbent local exchange carrier) business, including its consumer, small business, wholesale and mostly copper-served ...