• Lumen completed sale of its Mass Markets fiber-to-the-home business in 11 states to an AT&T unit on Feb. 2, 2026 for USD 5.75 billion in cash.
• Pre-tax cash proceeds totaled about USD 5.72 billion following roughly USD 30 million in closing adjustments and transaction costs.
• About USD 4.76 billion of proceeds was used to voluntarily prepay superpriority notes and loans, including full repayment of Term Loans B-1 and B-2.
• Deal included transition services and other commercial agreements, including a 20-year Indefeasible Right to Use arrangement for specific fibers in Lumen’s retained network.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lumen Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-157904), on April 16, 2026, and is solely responsible for the information contained therein.