Infrastructure Brief

News and opinion on public works procurement

Lumen

  • Telecommunications

    • Lumen reportedly plans to sell its holdings across four states

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    By Diana Muratov

    In an effort to close a transaction for its fourth divestment in less than two years, Lumen Technologies has hired Goldman Sachs to assist it to market its network assets in four states around the Midwest and Western U.S. According to sources acquainted with the situation, Lumen is specifically looking to sell its holdings in […]

  • Telecommunications

    • Lumen seeks new trans-Atlantic subsea cable route from Google

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    By Diana Muratov

    In July 2021, exec Laurinda Pang told Fierce Lumen was planning to ramp its focus on Europe, plotting investments in key growth areas.  Lumen Technologies has stated that it will invest in a fibre pair on Google’s Grace Hopper underwater cable, giving it a sixth trans-Atlantic route choice. Lumen’s previous investment in Google‘s Dunant subsea […]