Apollo Acquires Lumen’s ILEC Telco, Fiber Network Business

Private equity firm Apollo acquires Lumen’s ILEC (Incumbent Local Exchange Carrier). Valuation: 5.5x 2020 Estimated Adjusted EBITDA. The post Apollo Acquires Lumen’s ILEC Telco, Fiber Network Business appeared first on ChannelE2E.

Apollo Acquires  Lumen’s ILEC Telco, Fiber Network Business

Private equity firm Apollo acquires Lumen’s ILEC (Incumbent Local Exchange Carrier). Valuation: 5.5x 2020 Estimated Adjusted EBITDA.

The post Apollo Acquires Lumen’s ILEC Telco, Fiber Network Business appeared first on ChannelE2E.