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DENVER--(BUSINESS WIRE)--Lumen Technologies (NYSE: LUMN) today announced the appointment of Sean Alexander as Senior Vice President of Connected Ecosystems. A seasoned enterprise growth leader and founding executive of Microsoft AI, Alexander will be responsible for building and scaling a world-class business development team that drives customer co-innovation, strategic partnerships, and new revenue streams for Lumen. “Sean brings a rare combination of technical depth, market vision, and go-to.
Lumen Technologies is transforming via AI-driven deals, boosting deferred revenue and setting up for future earnings growth despite current revenue declines. The company's improved free cash flow outlook, supported by Congressional legislation, enhances its ability to reduce debt and/or invest in growth. Recent debt refinancing and the pending AT&T consumer fiber sale will significantly lower interest expenses and strengthen the balance sheet.
Shares of Lumen Technologies (LUMN 2.19%) were bouncing back this week, up 17.7% through Friday at 12:40 p.m. ET, according to data from S&P Global Market Intelligence.
MELBOURNE, Australia, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Lumen has launched “The Talent Frontier,” a webcast series exploring innovative recruitment marketing and talent acquisition strategies to transform hiring. The inaugural session “AI for All: Rethinking Talent with Equity, Empathy & Automation,” sets the stage for diverse and inclusive topics in future sessions.
SEATTLE--(BUSINESS WIRE)-- #POS--Lumen Field, home of the Seattle Seahawks, selected MyVenue's point-of-sale solution to power its concession transactions.
DENVER--(BUSINESS WIRE)--Lumen Technologies (NYSE: LUMN) today announced it has exceeded 1,000 customers on its Network-as-a-Service (NaaS) platform—a major milestone in the shift toward faster, smarter enterprise connectivity. As businesses embrace AI to transform operations, the demand for agile, scalable connectivity has never been greater. Lumen's NaaS platform meets this need with instant speed, control, and scalability, helping companies modernize without the complexity of legacy infrastr.
Lumen Technologies Inc. (LUMN) is facing revenue declines, heavy debt, and industry challenges through asset sales and refinancing, with its rebound from a 50-year low leaving the outlook split between recovery and renewed decline.
DENVER--(BUSINESS WIRE)--Lumen Technologies agreed to sell $2.00 billion of First Lien Notes due 2034, a $750 million increase from previously announced size of the offering.
Lumen's Q2 results showed ongoing revenue declines, but significant cost reductions and debt restructuring signal improving fundamentals. The AT&T fiber sale will reduce annual interest and capex by ~$300M and $1B, respectively, supporting free cash flow and debt reduction. Shares trade at a reasonable valuation given ongoing revenue struggles, but the turnaround story is progressing nicely so far.
DENVER--(BUSINESS WIRE)--Lumen Technologies plans to raise $1.25B through a private offering of First Lien Notes due 2034 to help refinance $1.075B of existing debt due 2029.