Lumen Technologies Inc Stock Price, News & Analysis

Lumen Technologies (NYSE: LUMN) has announced a major network expansion to deliver high-speed connectivity of up to 400Gbps Ethernet and IP Services across 16 metro markets and 70+ third-party data centers. This strategic initiative aims to support the growing demands of AI acceleration and multi-cloud scaling.

The expansion provides customers with flexible, on-demand services including Ethernet, Internet, E-Line, E-LAN, and E-Access solutions. Lumen's network delivers <5 milliseconds latency to 97% of U.S. enterprise demand, connecting to major cloud providers, 2,200+ third-party data centers, and over 163,000 customer locations. The company plans to expand its intercity fiber network to 47 million miles by 2028.

Lumen Technologies (NYSE:LUMN) has successfully closed a $2.0 billion First Lien Notes offering through its subsidiary Level 3 Financing. The notes, due in 2034, carry a 7.000% interest rate and are secured on a first lien basis.

The proceeds, combined with cash on hand, will be used to redeem $1.4 billion of 11.000% Senior Secured Notes due 2029 and partially redeem $305 million of 10.750% First Lien Notes due 2030. This refinancing initiative aims to simplify Lumen's capital structure, extend debt maturities, and reduce borrowing costs to support its AI-era network expansion strategy.

Lumen Technologies (NYSE: LUMN) has appointed Sean Alexander as Senior Vice President of Connected Ecosystems. Alexander, a founding executive of Microsoft AI, will report to EVP and Chief Revenue Officer Ashley Haynes-Gaspar, leading efforts to drive customer co-innovation, strategic partnerships, and new revenue streams.

In his role, Alexander will focus on developing customer use cases, building the company's connected ecosystem strategy, and expanding into the $15 billion multi-cloud networking market. His responsibilities include leading a business development team to validate product roadmaps and forge strategic alliances in key verticals.

Alexander's background includes leadership roles at Microsoft, where he helped launch Microsoft AI and established partnerships including OpenAI. Most recently, he served as CEO of Phoenician Advisors, specializing in AI transformations.

Lumen Technologies (NYSE: LUMN) has achieved a significant milestone by surpassing 1,000 customers on its Network-as-a-Service (NaaS) platform. The platform, launched in late 2023, provides instant, secure, and scalable connectivity solutions designed for the AI economy.

The company's NaaS platform offers comprehensive services including Internet On-Demand, Ethernet On-Demand, and IP VPN On-Demand, enabling enterprises to manage networking resources through self-service. Notable customers include Best Buy, Churchill Downs Racetrack, Columbia Sportswear, and Foot Locker.

Lumen's infrastructure includes 163,000 on-net buildings and 340,000 global fiber route miles, with plans to expand to 47 million intercity fiber miles by 2028. The platform features advanced security capabilities, including DDoS Essentials and Lumen Defender powered by Black Lotus Labs.

Lumen Technologies (NYSE:LUMN) announced that its subsidiary, Level 3 Financing, has priced an upsized $2.00 billion offering of 7.000% First Lien Notes due 2034, representing a $750 million increase from the previously announced size. The notes were priced at par.

The proceeds, along with cash on hand, will be used to redeem $1.41 billion of 11.000% First Lien Notes due 2029 and partially redeem 10.750% First Lien Notes due 2030. The offering is expected to close on August 18, 2025. The notes will be guaranteed on a first lien secured basis by Level 3 Parent and certain unregulated subsidiaries.

Lumen Technologies (NYSE:LUMN) announced that its subsidiary, Level 3 Financing, plans to offer $1.25 billion in First Lien Notes due 2034. The company will use the proceeds, along with cash on hand, to partially redeem $1.075 billion of Level 3 Financing's 11.000% First Lien Notes due 2029, including the redemption premium and related expenses.

The new First Lien Notes will be offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S, without registration under the Securities Act.

Lumen Technologies (NYSE:LUMN) reported Q2 2025 results marked by significant strategic shifts and financial challenges. The company announced a $5.75 billion deal to sell its consumer fiber business to AT&T, covering approximately 95% of Quantum Fiber in 11 states. Financial results showed total revenue of $3.092 billion, down from $3.268 billion in Q2 2024.

The quarter was marked by a reported net loss of $915 million, including a $628 million non-cash goodwill impairment charge. Adjusted EBITDA reached $877 million, compared to $1.011 billion in Q2 2024. The company successfully completed a $2 billion bond offering, reducing annual interest expense by $50 million, and increased its cost-reduction target from $250 million to $350 million.

Lumen Technologies (NYSE: LUMN), a global digital networking services provider, has announced its participation in multiple upcoming investor conferences during August and September 2025. The company will present at five major events: the TD Cowen Communications Infrastructure Summit, Citi Global TMT Conference, Bank of America Media Conference, Goldman Sachs Communicopia, and RBC Global Communications Infrastructure Conference.

CFO Chris Stansbury will discuss Lumen's transformation strategy, focusing on their development of a next-generation fiber network and digital platform designed for the AI-powered economy. Webcasts and replays of select presentations will be available on Lumen's Investor Relations website.

Lumen Technologies (NYSE: LUMN), the trusted network for AI, has scheduled its second quarter 2025 earnings conference call for July 31, 2025, following market close. The company will host a live broadcast of the earnings call at 5:00 PM ET.

Investors can access the earnings release, investor presentation, and related materials through Lumen's Investor Relations website.