T-Mobile and EQT to form joint venture to acquire Lumos and expand fiber footprint
Acquiring Company
T-Mobile
Acquired Company
Lumos
BellevueHigh PointHardwareMobileVoipWirelessinformation technology & servicesSoftwareMobileAppsDescription
T-Mobile and EQT have announced a joint venture to acquire Lumos, a scalable fiber-to-the-home platform reaching 320,000 households. The venture aims to build critical fiber broadband infrastructure to enable remote work, education, and healthcare use cases across the country, transitioning Lumos to a wholesale model with T-Mobile as the anchor tenant
Quick answer
T-Mobile is acquiring Lumos, announced April 25, 2024. T-Mobile is based in Bellevue, Washington, United States.
- How much did T-Mobile pay for Lumos?
- The deal value was not disclosed.
- What does T-Mobile do?
- T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all.
- Where are T-Mobile and Lumos based?
- T-Mobile is based in Bellevue, Washington, United States. Lumos is based in High Point, North Carolina, United States.
- Who are the decision-makers at T-Mobile?
- Fundz holds 1 contact at T-Mobile. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Hardware and Mobile
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- T-Mobile US and EQT form JV to acquire fibre provider Lumos (April 26, 2024)
- T-Mobile to acquire UScellular's Wireless Operations and Select Spectrum Assets for $4.4B, $4.4B (May 28, 2024)
- Synopsys successfully completes acquisition of Ansys to enhance electronic design and simulation capabilities (May 22, 2024)
- Boldyn Networks completes acquisition of Apogee Telecom to expand connectivity solutions (May 16, 2024)
- GitKraken completes acquisition of CodeSee; launches new DevEx platform to empower developers (May 14, 2024)
- Clearlake Capital Group, L.P. and Francisco Partners to acquire Synopsys, Inc.'s Software Integrity Group business (May 6, 2024)
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Frequently asked
Who acquired Lumos?
Lumos was acquired by T-Mobile, based in Bellevue. The deal was reported on April 25, 2024. T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile is publicly traded (TMUS) and operates in Hardware.
When did T-Mobile acquire Lumos?
T-Mobile's acquisition of Lumos was reported on April 25, 2024. T-Mobile and EQT have announced a joint venture to acquire Lumos, a scalable fiber-to-the-home platform reaching 320,000 households. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lumos do?
Lumos delivers 100% Fiber Optic Internet and Whole-Home Wi-Fi to a growing network of homes, businesses and multi-family buildings throughout the Midwest and Eastern US. It is privately held, operating in Software, and is based in High Point.
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