
AT&T in talks to buy Lumen’s consumer fiber unit, Bloomberg News reports
(Reuters) -AT&T is in talks to acquire Lumen Technologies’ consumer fiber operations, in a deal that could value the unit at more than $5.5 billion, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. Shares of Lumen were down more than 14% after the report. The terms, which are not yet finalized,…