Lumos Networks


Lumos Networks is a premier fiber-based telecommunications provider based in Charlotte, NC, and part of SEGRA, one of the largest independent fiber bandwidth companies in the U.S.
Lumos Networks offers an innovative portfolio of fiber-based Residential and Small Business services, including high-speed broadband Internet, managed Wi-Fi, hosted digital voice and streaming entertainment. The full suite of services are supported by local sales, service and care professionals. For more than a century, Lumos Networks has connected communities to what's most important to their world.

History

Lumos Networks formally split from nTelos following the close of business on October 31, 2011. Following a 1-for-2 reverse stock split of nTelos common stock, nTelos shareholders received one share of Lumos Networks common stock for each share of nTelos common stock that they owned following the split. Lumos Networks began public trading on the NASDAQ exchange on November 1, 2011, under the ticker symbol LMOS.
As of November 17, 2017, Lumos Networks completed a merger sale to EQT Infrastructure. Lumos stockholders received $18.00 in cash for each share of Lumos Networks common stock they held. Upon completion of the sell Lumos Networks ceased to be a publicly traded company.
On April 10, 2018, EQT Partners purchased a majority stake in Spirit Communications with the intent to combine Spirit with Lumos.
On January 14, 2019, Lumos Networks Corp. and Spirit Communications announced that the two companies have been re-branded as SEGRA. The company's Rural Local Exchange Carrier segment will retain the Lumos Networks name and will be supported by a dedicated team of employees led by Diego Anderson, Senior Vice President and General Manager, Residential and Small Business.
In August 2019, Lumos Networks received the "Build Your Best Network" Award at the ADTRAN Broadband and Business Solutions Summit.