financetom
Business
financetom
/
Business
/
T-Mobile US, EQT Close Joint Venture to Acquire Lumos
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
T-Mobile US, EQT Close Joint Venture to Acquire Lumos
Apr 1, 2025 7:59 AM

10:42 AM EDT, 04/01/2025 (MT Newswires) -- T-Mobile US ( TMUS ) and EQT said Tuesday they closed their joint venture to acquire Lumos, a fiber-to-the-home provider.

The companies said many Lumos customers will soon become T-Mobile Fiber customers as part of the deal.

During its Q1 earnings call, T-Mobile will provide an update to its full-year 2025 outlook resulting from the transaction.

Price: 263.97, Change: -2.74, Percent Change: -1.03

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Berkshire Hills Bancorp and Brookline to merge in $1.1 bln deal
Berkshire Hills Bancorp and Brookline to merge in $1.1 bln deal
Dec 16, 2024
Dec 16 (Reuters) - Regional lenders Berkshire Hills Bancorp ( BHLB ) and Brookline Bancorp ( BRKL ) have agreed to merge in an all-stock deal valued at about $1.1 billion, the companies said on Monday. ...
Sector Update: Consumer
Sector Update: Consumer
Dec 16, 2024
08:39 AM EST, 12/16/2024 (MT Newswires) -- Consumer shares were advancing pre-bell Monday with the Consumer Staples Select Sector SPDR Fund (XLP) marginally up and the Consumer Discretionary Select Sector SPDR Fund (XLY) 0.5% higher recently. Alibaba Group Holding ( BABA ) is nearing an agreement to sell its department store business Intime to Youngor Fashion for roughly $1 billion,...
Mind Medicine Doses First Patient in Phase 3 Study of MM120 to Treat Generalized Anxiety Disorder
Mind Medicine Doses First Patient in Phase 3 Study of MM120 to Treat Generalized Anxiety Disorder
Dec 16, 2024
08:35 AM EST, 12/16/2024 (MT Newswires) -- Mind Medicine (MNMD) said Monday that a first patient has been dosed in its phase 3 Voyage study that is evaluating MM120 ODT for the treatment of generalized anxiety disorder. The company said the trial is the first of two phase 3 studies evaluating the efficacy and safety of MM120 ODT versus placebo....
Market Chatter: Berkshire Hills, Brookline in Merger Talks
Market Chatter: Berkshire Hills, Brookline in Merger Talks
Dec 16, 2024
08:37 AM EST, 12/16/2024 (MT Newswires) -- Berkshire Hills Bancorp ( BHLB ) and Brookline Bancorp ( BRKL ) are in talks to merge, the Wall Street Journal reported Monday, citing people familiar with the matter. A deal could be finalized as early as next week, according to the report. Each regional bank holds about $12 billion in assets and...
Copyright 2023-2026 - www.financetom.com All Rights Reserved