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Telecom firm Lumen to sell Latin America business for $2 7 bln
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Apollo Is in Talks to Buy Over $5 Billion in Assets From Lumen
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Lumen Technologies to spend $2M improving AZ fiber-optic infrastructure as part of judgment
thinkstockphotos.com/Getty Images/Ingram Publishing
Close-up of fiber optic cables
By: Jeff Gifford, Phoenix Business Journal
Posted at 9:28 AM, Dec 14, 2020
and last updated 2020-12-14 11:28:19-05
Lumen Technologies will invest $2 million in fiber-optic infrastructure in rural and small communities in Arizona as part of a consent judgment finalized by the company and the state earlier this year.
The payments were announced Friday by Attorney General Mark Brnovich. Louisiana-based Lumen, formerly known as CenturyLink, will help to extend cellphone coverage and internet connectivity in rural and other underserved areas.