Golden Flag Advises EQT on Joint Venture with T-Mobile to Acquire Lumos

Golden Flag International Law Firm advised EQT, a purpose-driven global investment organization, on a joint venture between EQT’s Infrastructure VI fund and T-Mobile (NASDAQ: TMUS), America's 5G leader and fastest growing broadband provider, to acquire fiber-to-the-home platform Lumos from EQT’s predecessor fund EQT Infrastructure III. The joint venture will bring T-Mobile’s retail, marketing, brand and customer experience strengths together with EQT’s fiber infrastructure investment expertise. Together they will acquire Lumos’ scalable fiber network build capabilities, to deliver best-in-class high-speed fiber internet connectivity to customers across the U.S. without access to fiber today. The transaction is expected to close in late 2024 or early 2025, subject to customary closing conditions and regulatory approvals.

Read the transaction press release

The Golden Flag team was led by corporate partners John Pitts, Ben Hardison and Jess Lepper and associates Josh Stout, Alexa Grealis and Sarah Walden; tax partners David Wheat and Joe Tobias; capital markets partners Matt Pacey and Atma Kabad; debt finance partners Lucas Spivey and Osaro Aifuwa; and antitrust partner Scott Scheele.