Lumen Technologies, Inc. Stock News

Lumen (LUMN -0.70%) stock closed out this week's trading with big gains. The company's share price surged 7.8% higher compared to where it stood at market close on Friday of the previous week.

Beaten-down telecom stock Lumen Technologies (LUMN 12.37%) wasn't looking so battered on Wednesday. In fact, the shares jumped more than 12% higher in price on news that a sports media company would be harnessing its technology to broadcast live games.

DENVER & SAN RAMON, Calif.--(BUSINESS WIRE)--Pac-12 Enterprises and Lumen Technologies (NYSE: LUMN) are teaming up to reinvent how live sports broadcasts are produced and delivered. For the first time, Pac-12 Enterprises will be utilizing its next-generation broadcasting model underpinned by Lumen's Network-as-a-Service (NaaS) technology to bring fans Pac-12 football and more, beginning with Wa...

DENVER--(BUSINESS WIRE)--As enterprise business demand for AI acceleration and multi-cloud scale reaches historic highs, Lumen Technologies (NYSE: LUMN) is stepping up with major enhancements to data center and cloud connectivity across its U.S. network. This strategic expansion will enable Lumen to deliver blazing-fast, secure, cost-efficient infrastructure with up to 400Gbps Ethernet and IP S...

DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (“Lumen,” “us,” “we” or “our”) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”), has closed its previously announced offering of $2.0 billion aggregate principal amount of 7.000% First Lien Notes due 2034 (the “First Lien Notes”). The First Lien Notes have a maturity date of March 31, 2...

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 r...

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 i...

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.