Lumen Technologies Inc. (LUMN) has disclosed a new risk, in the Corporate Activity and Growth category.
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Lumen Technologies Inc. faces significant risks associated with its pending divestiture of the Mass Markets fiber-to-the-home business. The completion of this transaction is contingent upon regulatory approvals and other conditions, which may not be met as anticipated. This uncertainty could strain relationships with stakeholders, hinder operational focus, and potentially lead to adverse financial consequences, including impacts on credit ratings and strategic objectives. Even if successful, the divestiture might result in unforeseen costs, operational challenges, and reduced cash flows, posing ongoing risks to the company’s financial health and strategic goals.
Overall, Wall Street has a Hold consensus rating on LUMN stock based on 1 Buy, 1 Sell and 6 Holds.
To learn more about Lumen Technologies Inc.’s risk factors, click here.