secwatch.observer — SEC 8-K summary
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Issuer:     Lumen Technologies, Inc. (LUMN)
CIK:        0000018926
Form:       8-K/A
Filed at:   2026-02-04T23:59:59+00:00
Accession:  0000018926-26-000008
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lumen completes $5.75B fiber sale to AT&T; pro forma net loss widens to $1.87B for 9M 2025
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- Net cash proceeds of ~$5.72B from sale of Mass Markets fiber-to-the-home business in 11 states.
- Used ~$4.76B of proceeds to prepay superpriority notes and term loans, reducing long-term debt to $12.9B pro forma.
- Pro forma net loss for nine months ended Sep 30, 2025: $1.87B vs historical $1.737B, after removing FttH revenue of $575M.
- Pro forma net loss for FY2024: $99M vs historical $55M, after removing FttH revenue of $660M.
- Non-cash revenue of $5M (9M 2025) and $7M (FY2024) from off-market IRU amortization included in pro forma adjustments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18926/000001892626000008/0000018926-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18926/000001892626000008/lumn-20260202.htm
  HTML page:      https://secwatch.observer/filing/0000018926-26-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer