NYSE:LUMNTelecom
Assessing Lumen Technologies (LUMN) Valuation As It Sells Consumer Fiber To AT&T And Reshapes Debt Profile
Lumen Technologies (LUMN) is in the spotlight after it moved to sell its remaining consumer fiber network to AT&T, while its Level 3 unit issues senior notes to repurchase existing debt and reshape the balance sheet.
See our latest analysis for Lumen Technologies.
The recent asset sale plans and debt reshaping efforts come after a mixed share price pattern, with a 24.16% 90 day share price return and a 48.01% 1 year total shareholder return suggesting that momentum may still be building.
If...