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DENVER , April 9, 2025 /PRNewswire/ -- As the trusted network for AI, Lumen Technologies (NYSE: LUMN) today announced at Next 25 that it is partnering with Google Cloud to deliver advanced cloud and network solutions that meet the rising demands of enterprise customers—particularly amid the rapid growth of AI workloads across industries. The partnership centers on three key initiatives that will deliver the scalable, secure, and high-performance connectivity enterprises need to power their AI-driven transformation: Integrating Google's new Cloud WAN with Lumen connectivity services This will modernize Lumen's Network-as-a-Service offerings so Lumen-managed SD-WAN and security services can be hosted in Google Cloud regions.
DENVER , March 27, 2025 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen" or the "Company") today announced the successful completion of a refinancing transaction at Level 3 Financing, Inc. ("Level 3"), giving it greater financial flexibility and stability to fund its transformation. All of Level 3's existing term loans under its Credit Agreement, dated March 22, 2024 (the "Credit Agreement"), were replaced with a new $2.4 billion term loan maturing in 2032 and priced at Term SOFR + 4.25%.
Network trial paves the way for hyperscalers and enterprises to have the bandwidth agility and cost-efficiency needed for AI and next-gen applications DENVER , March 27, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Ciena (NYSE: CIEN) have successfully established a 1.2 terabit wavelength service trial across 3,050 kilometers (more than 1,800 miles) on Lumen's Ultra-Low-Loss (ULL) fiber network, making it the world's longest 1.2 terabit non-regenerated signal. Using 800G interfaces, Lumen and Ciena successfully tested and qualified the services to support wavelength, Ethernet, and IP services over the 1.2 Tbps single carrier channel.
Lumen Technologies is transforming into a key AI player, securing $8.5 billion in deals with tech giants and partnering with OneVizion to streamline operations. Despite a 25% share price drop, Lumen's fundamentals and AI exposure are improving, making it a 'Strong buy' with a 43% upside potential. Positive developments include a $1 billion cost savings plan, credit rating upgrade, and successful debt restructuring, enhancing Lumen's strategic positioning.
DENVER , March 6, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), will attend the following investor conferences: J.P. Morgan Global Technology, Media & Communications Conference on May 15.
DENVER , Sept. 3, 2024 /PRNewswire/ -- Lumen Technologies, Inc. (NYSE: LUMN) ("Lumen") announced that it has commenced offers to exchange newly-issued superpriority senior secured notes for certain of its outstanding unsecured senior notes.
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DENVER , Aug. 13, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, today announced that Chris Stansbury, Lumen's executive vice president and chief financial officer, will present at the BofA Securities 2024 Media, Communications & Entertainment Conference on September 5, 2024. The presentation is scheduled to begin at 8:50 a.m.
Lumen Technologies, Inc. (NYSE:LUMN ) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET Company Participants Jim Breen - Senior Vice President, Investor Relations Kate Johnson - President & CEO Chris Stansbury - EVP & CFO Conference Call Participants Michael Rollins - Citi Sebastiano Petti - J.P. Morgan Batya Levi - UBS David Barden - Bank of America Jim Schneider - Goldman Sachs Jonathan Chaplin - New Street Nick Del Deo - MoffettNathanson Gregory Williams - TD Cowen Frank Louthan - Raymond James Eric Luebchow - Wells Fargo Operator Greetings, and welcome to Lumen Technologies' Second Quarter 2024 Earnings Call.
Lumen Technologies announced yesterday that it has secured new fiber network deals worth $5 billion. The company is seeing rising AI-related demand, and it could score more big contracts in the near term.