Lumen Technologies has sold its Europe, Middle East and Africa (EMEA) business to Colt Technology Services.
London-headquartered Colt will pay $1.8 billion for the business. The transaction includes Lumen’s terrestrial and subsea networks, data centers and network equipment in EMEA.
Colt has more than 60 offices around the world. The purchase enables it to expand fiber network connectivity throughout Europe.
Read more about how this deal benefits Lumen.
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