Lumen Technologies To Drive Growth Through Two Significant Divestitures
‘We are not pleased with our revenue performance year to date and have a solid plan to improve our revenue trajectory as the economy re-opens and our new initiatives take hold,’ the service provider‘s CFO tells investors. By Gina Narcisi August 03, 2021, 06:44 PM EDT
Lumen Technologies, the company formerly known as CenturyLink, confirmed Tuesday plans to divest itself of two parts of its business as it faces some financial headwinds.
The service provider said it’s selling its incumbent local exchange carrier (ILEC) business, which includes its consumer, small business, wholesale and mostly copper-served enterprise customers and assets in 20 states to investment management firm Apollo Global Management in a $7.5 billion deal. The deal tops earlier reports that Lumen was planning to offload its consumer operations in a $5 billion deal that emerged in July.
Lumen Technologies Names SVP Of Strategic Sales; Channel Chief Garrett Gee Departs crn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crn.com Daily Mail and Mail on Sunday newspapers.
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Inglaterra elige a Chile como sede
La prestigiosa Cambridge elige a Chile como centro de operación regional para impulsar puente comercial entre el Reino Unido y América Latina.
En 2020 se creó la filial Cambridge Business Association (CBA) y, recientemente, se nombró a Chile como centro de operaciones.
En julio del año pasado, Cambridge concretó su primera incursión en Latinoamérica. La región nunca había estado en su radar, sin embargo, el ex ejecutivo de BHP Billiton, Guillermo Ramírez, y que hace unos años cursaba un MBA en la universidad inglesa, motivó a las autoridades para cambiar el foco. En 2019, se haría -de hecho- una cumbre con más de 300 personas de Cambridge en Chile para generar lazos, la que se suspendió por el estallido social -lo que significó la devolución de dineros que se extendió hasta el año pasado-, pero el trabajo siguió.
Nubank’s remittances feature will cover over 100 countries
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more than 100 countries,
per Latin American Business Stories. The Brazil-based neobank the
world’s largest digital challenger bank, by user count is rolling out the feature in partnership with
Remessa Online, a transfers vendor that is also based in Brazil.
More on this: The money transfer feature works in other Western Hemisphere countries including the US, Mexico, Argentina, and Chile plus markets farther out from Brazil like the UK, Australia, Portugal, and Japan.
Remessa Online expects the Nubank partnership to amp up its user base from the
350,000 it has served within the last 12 months to
Nubank s Remittances Feature Will Cover Over 100 Countries businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.