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Lumen Technologies recently announced two sizable business divestitures that could see them realize $10 billion in sales proceeds and help the company refocus its strategy.\\xa0 In the first sale, Lumen\\u2019s Latin American business is being sold to the investment firm Stonepeak for $2.7 billion and in the second, even larger sale, the telco\\u2019s local incumbent carrier operations in 20 states are going to Apollo Funds for $7.5 billion.

In this 11 minute podcast, Jack Deal, one of TC2\\u2019s Managing Directors, and Laura McDonald, a Partner with LB3, discuss with TC2\\u2019s Joe Schmidt what these asset divestures mean and speculate how enterprises might benefit from the new Lumen.

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