T-Mobile and EQT has formed a joint venture to acquire Lumos
Industry
Communications
Transaction Date
04/04/2024
"Bank Street has been a true partner, providing unparalleled strategic guidance during this transformational transaction for Lumos. The team’s in-depth sector expertise, consistent high-quality work and tireless efforts proved to be instrumental in navigating the intricacies of this deal. We are extremely excited to become partners with T-Mobile and look forward to executing our shared vision of delivering best-in-class high-speed broadband connectivity to customers across the U.S."
Brian StadingChief Executive Officer
Lumos
"This joint venture represents a powerful combination of EQT’s digital infrastructure expertise, Lumos’ proven fiber deployment capabilities and T-Mobile’s customer-first approach and national reach. Together, we are well-positioned to accelerate access to high-quality fiber broadband to millions of underserved Americans and look forward to executing on our plans to deliver the critical connectivity that empowers communities across the country."