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.
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Lumen Technologies (NYSE: LUMN) announced that Chris Stansbury, the CFO, will present at the Raymond James Institutional Investors Conference. The presentation will be webcast live and available for replay on the Investor Relations website.
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Lumen Technologies appoints Diankha Linear, a seasoned executive with diverse experience, to its board of directors. Linear's background in technology, logistics, and retail industries, along with military service, adds valuable insights to Lumen's board. Her appointment signifies Lumen's focus on transformation and disruptive innovation in the telecom industry.
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Lumen Technologies (NYSE: LUMN) released its Quarterly DDoS & Application Threat Report for Q4 2023, revealing a surge of DDoS attacks in the government sector. The report also highlights the increasing use of AI in cyberattacks and defense, with one government customer accounting for 1,759 attacks in Q4. Lumen's largest DDoS attack of 2023 reached a peak of 903 Gbps and targeted a telecom customer. The report also focuses on the rise of AI-driven attacks and the importance of application security in defending against cyber threats.
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Lumen Technologies, Inc. reported a net loss of $(1.995) billion for the fourth quarter 2023, which included a non-cash goodwill impairment charge of $1.9 billion. Adjusted EBITDA for the fourth quarter 2023 was $1.099 billion, and the company reduced net debt by $1.6 billion for the full year 2023. However, the company reported a negative free cash flow of $(878) million for the full year 2023.
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Lumen Technologies (LUMN) has appointed Dave Ward as its new Chief Technology Officer. Ward, known for his experience in networking technology, will lead the development and integration of Lumen's global network and disruptive technologies. His expertise in Network-as-a-Service (NaaS) technology is expected to accelerate Lumen's NaaS platform, aiming to disrupt the telecom industry with new digital experiences for enterprise customers.
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Lumen Technologies launches new private Ethernet and IP-VPN Network-as-a-Service solutions to meet the growing need for secure cloud connections and data protection. The company aims to help businesses manage sensitive data and comply with data protection laws through enhanced security, cost efficiency, scalability, and reliable connections.
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Lumen Technologies (LUMN) is set to release its fourth quarter 2023 results on Feb. 6, 2024. The company will host a live conference call to discuss the results, which will be available on its Investor Relations website. Investors can access the earnings release, investor presentation, and related materials on the same website.
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Lumen Technologies, Inc. (NYSE: LUMN) has entered into an amended and restated transaction support agreement with a broadened group of creditors, representing over $12.5 billion of outstanding indebtedness and commitments. The agreement extends debt maturities, provides $1.325 billion of financing through new long-term debt, and access to a new revolving credit facility. The transactions are expected to be completed in the first quarter of 2024, demonstrating creditors' conviction in Lumen's turnaround plan and growth strategy.
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Lumen Technologies (LUMN) becomes the first company to achieve Wi-Fi CERTIFIED 7™ device with its custom-developed solution, offering faster speeds and better coverage than Wi-Fi 6/6E. The company's Quantum Fiber Wi-Fi 7 solution includes two certified devices, W1700K and W1701K, designed for residential and small business customers. These devices provide higher data capacity, reliable and secure connectivity, and extended coverage, enabling speeds of up to 8 gigabits per second. Lumen's solution also incorporates advanced technologies such as MediaTek's Smart Link-Dispatch and cloud-based Digital Twin technology, along with support for OpenWRT standard with Wi-Fi EasyMesh™ and prplMesh for real-time orchestration and advanced device management capabilities.
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Lumen Technologies (LUMN) appoints Ashley Haynes-Gaspar as Executive Vice President and Chief Revenue Officer to lead a team focused on accelerating Lumen's growth and consolidating its commercial divisions. The strategic actions include simplifying operations, prioritizing customer experience, and innovating for growth with initiatives like Network-As-A-Service (NaaS). Haynes-Gaspar aims to transform the business by putting customers at the core of everything they do.
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Lumen Technologies Inc
NYSE:LUMN
LUMN Rankings
LUMN Stock Data
3.37B
942.17M
8.2%
71.34%
7.64%
Telecom Services
Telephone Communications (no Radiotelephone)
United States
MONROE