Welcome to our dedicated page for Lumen Technologies news (Ticker: LUMN), a resource for investors and traders seeking the latest updates and insights on Lumen Technologies stock.
Lumen Technologies Inc (NYSE: LUMN) provides integrated communications and network solutions for global enterprises through its expansive fiber infrastructure and advanced digital platforms. This page serves as your central resource for official company announcements, financial updates, and strategic developments.
Access curated press releases, earnings reports, and news articles covering Lumen’s fiber network expansions, cybersecurity innovations, and enterprise partnerships. Investors will find timely updates on quarterly results, leadership changes, and infrastructure investments, while analysts gain insights into market positioning and technology roadmaps.
Key focus areas include Lumen’s AI-driven threat detection systems, fiber-optic network upgrades, and collaborations supporting cloud-based enterprise solutions. Content is organized to help stakeholders track operational milestones and regulatory filings efficiently.
Bookmark this page for direct access to Lumen’s verified announcements, or check back regularly for the latest developments in secure, high-capacity connectivity solutions.
Black Lotus Labs, the threat intelligence division of Lumen Technologies (NYSE: LUMN), released a report on a suspected Pakistani threat actor compromising targets in South Asia, including an Indian power company. This actor is utilizing a custom remote access trojan (RAT) named ReverseRat alongside an open-source RAT, Allakore. The report highlights the actor's advanced evasion techniques and critical target selection. Black Lotus Labs has taken measures to null-route the actor's infrastructure and advises organizations to be proactive in defense strategies against such threats.
Lumen Technologies completed a private offering of $1.0 billion in 5.375% Senior Notes due 2029. The net proceeds, along with available cash, will be used to repay its 6.45% Senior Notes, Series S, due 2021. This strategic move is aimed at optimizing the company's debt structure. The notes were placed privately without registration under the Securities Act of 1933.
Lumen Technologies has launched Lumen Media Transformation, enabling media distributors to deliver video content more efficiently across devices globally. This fully-managed service enhances the user experience with advanced encoding technologies and supports OTT delivery, fostering rapid market entry for broadcasters and pay-TV operators. The OTT market is projected to exceed 1.24 billion subscribers in 2021, with a 21% revenue growth. Lumen's service requires no new hardware, facilitating seamless integration into existing workflows.
Black Lotus Labs, part of Lumen Technologies (NYSE: LUMN), identified a hacktivist campaign exploiting misconfigured routers to spread an anti-government manifesto. This incident, revealed on June 4, 2021, involved over 18,000 devices globally at risk due to vulnerabilities. The attackers compromised routers starting May 13, 2021, altering configurations and replacing them with propaganda. Despite past recommendations for configuration security, the risk remains significant as Black Lotus Labs continues to monitor the threat.
Lumen Technologies (NYSE: LUMN) announced the sale of $1.0 billion in unsecured 5.375% Senior Notes due 2029. The notes will mature on June 15, 2029, and are priced to investors at par. The company plans to use proceeds, along with cash on hand, for general corporate purposes, particularly to repay its existing 6.45% Senior Notes due 2021 at maturity. The offering is expected to close on June 15, 2021. The 2029 Notes will not be registered under the Securities Act and are offered only to qualified institutional buyers.
Lumen Technologies (NYSE: LUMN) plans to offer $1.0 billion of fixed-rate, unsecured Senior Notes in a private offering, pending market conditions. Proceeds will be utilized for general corporate purposes, including repaying its 6.45% Senior Notes due in 2021. The offering is limited to qualified institutional buyers and non-U.S. persons outside the U.S. The New Notes will not be registered under the Securities Act, indicating a private placement.
Lumen Technologies (NYSE: LUMN) will participate in three upcoming virtual investor conferences. Maxine Moreau will present at the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 26 at 5:10 p.m. EDT. Shaun Andrews will present at both the Cowen 49th Annual Technology, Media & Telecom Conference on June 3 at 10:30 a.m. EDT and Wells Fargo Virtual Media & Telco Day on June 7 at 1:15 p.m. EDT. Further webcast details are available on the Lumen Investor Relations website.
Lumen Technologies (LUMN) has declared a regular quarterly cash dividend of 25 cents per share, payable on June 11, 2021. Shareholders of record as of the close of business on June 1, 2021 will be eligible for this dividend. The ex-dividend date is set for May 28, 2021. This announcement underscores Lumen's commitment to providing returns to its shareholders while reinforcing its position in the technology sector with a robust fiber network spanning approximately 450,000 route miles across more than 60 countries.
Lumen Technologies (NYSE: LUMN) released its Q1 2021 DDoS report, highlighting the evolving complexity and frequency of DDoS attacks. The report reveals 700 active Command and Control servers from well-known IoT botnets like Gafgyt and Mirai, impacting 28,000 victims. Key findings include a largest DDoS attack at 268 Gbps and multi-vector mitigations comprising 41% of all defenses. The finance, software, and government sectors were the top targets. Lumen emphasizes the importance of DDoS defenses as organizational dependencies on applications grow.
On May 18, 2021, Lumen Technologies reported that 73% of retail leaders view Edge computing as a key investment, with 47% planning to invest within a year. The technology enhances digital experiences on sales floors and online, improving data access speed and security. A survey indicates that 83% of retailers expect real-time data access, crucial for customer engagement and operational efficiency. The rise in U.S. consumer confidence presents a growth opportunity, as retailers increasingly look to Edge computing to meet evolving digital demands.
