CFO said Lumen/Quantum Fiber will participate when the time is right for consolidation. In other words, we're selling it.
https://www.fiercetelecom.com/broadband/should-lumen-sell-its-quantum-fiber-biz-analysts-weigh
8 replies (most recent on top)
I find it really funny that Ron P gave plugs to Lumen as the best company to work for award and then retires! Really?! That place is clueless! You get rid of all the talent, outsource and then fail even faster than imagined! Great job Lemon!
When the copper gets abandoned, the fiber will be sold off in pieces.
Nope. QF and the entire local network are one and the same, no easy way to spin it out.
National can’t go out and rebuild the local footprint all over again.
yeah I'll tell ya'll who will end up with QF.......the creditors (senior note holders) when this goes ti-s up and files for chapter 11
Well I hope they do something good for Quantum Fiber, the are so close to getting my area activated, but I doubt it. Lumen has mastered the art of totally screwing things up. Perhaps QF will get spun off and get out from under the dark cloud of Lumen, one can hope.
QF was done poorly and broke so many other things
brand new and broken
Level 3 will put it on their network as a Collo and then sell it.
Sell what? The different Lumen brands are just marketing. It's the same fiber and infrastructure underneath.