Lumen's revenue has declined for five consecutive years. It's also been unprofitable over the past two years, and it suspended its dividend in 2022. That meltdown was mainly caused by the decline of ...
Lumen responds to allegations by Kerrisdale Capital. Lumen shares have been volatile after the company announced $5 billion in new business and reported its Q2 ...
Lumen stock surged last year thanks to some big new deals. The announcement of a new partnership with Palantir was the stock's biggest bullish catalyst. Positive demand indicators for the AI hardware ...
HANOVER, Md. & DENVER--(BUSINESS WIRE)--Lumen Technologies (NYSE:LUMN), the trusted network for AI, is enhancing its network with Ciena’s (NYSE:CIEN) coherent optical innovations. This will strengthen ...
Lumen stock has more than doubled since April. Several countries have contracted with Lumen to improve data center connectivity. The company's income statement and balance sheet indicate its troubles ...
Before this partnership, it had appeared the tech world had passed by Lumen. The company was best known for its extensive network of wireline and cable assets. Investors increasingly dropped its ...
US-based Lumen Technologies wants to shift from being a telecoms company to a technology company. To do that, it needed time that its looming bond maturities did not afford. In March, Lumen completed ...
Telecom company Lumen Technologies said on Monday it would sell its Latin American business to private equity firm Stonepeak for $2.7 billion. The business will operate as an independent, ...
Great. Thanks, everyone, for joining. I'm Batya Levi from the Communications Team at UBS; and our next speaker is Kate Johnson, President and CEO of Lumen. Kate joined Lumen about 18 months ago and ...
In the past, Microsoft (NASDAQ: MSFT) and Lumen (NYSE: LUMN), the telecom company formerly known as CenturyLink, weren't often mentioned in the same breath. Microsoft was a rapidly growing tech giant ...
Lumen stock has more than doubled since April. Several countries have contracted with Lumen to improve data center connectivity. Lumen Technologies' (NYSE: LUMN) stock has long struggled. Despite its ...