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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.
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Lumen Technologies (NYSE:LUMN) has announced the successful closure of a $2.0 billion First Lien Notes offering through its subsidiary Level 3 Financing. The notes, due 2033, carry a 6.875% interest rate and are secured on a first lien basis by Level 3 Parent and certain unregulated subsidiaries.
The proceeds, combined with cash on hand, will be used to redeem several existing notes: $924.522 million of 10.500% Senior Secured Notes due 2030, $667.711 million of 10.500% First Lien Notes due 2029, and partially redeem $166.565 million of 11.000% First Lien Notes due 2029.
This strategic financial move aims to simplify Lumen's capital structure, extend debt maturities, and reduce overall cost of capital as the company transforms into a leading digital network services provider focused on AI-era infrastructure growth.
[ "Reduction in interest rates from 10.500-11.000% to 6.875% on refinanced debt", "Extension of debt maturity from 2029-2030 to 2033", "Successful placement of $2.0 billion in First Lien Notes indicates strong market confidence", "Strategic move to enhance financial flexibility for AI-focused transformation" ]Lumen Technologies (NYSE: LUMN) has appointed two new members to its Board of Directors: Michelle J. Goldberg and Steve McMillan, effective May 15, 2025. Goldberg brings over 20 years of experience in early-stage technology and finance, having served as Partner at Ignition Partners and currently sitting on boards of Bakkt Holdings and Ally Financial. McMillan, currently President and CEO of Teradata Corporation, contributes expertise in global enterprise technology strategy and data analytics from his leadership roles at F5, Oracle, and IBM.
The appointments coincide with the retirement of three board members: Peter C. Brown, Steven T. Clontz, and Laurie Siegel. The board now consists of 11 members. These changes align with Lumen's strategic focus on digital networking and enterprise customer needs in a multi-cloud, AI-first world.
Lumen Technologies (NYSE: LUMN) has appointed Mark Hacker as Executive Vice President and Chief Legal Officer, effective immediately. Hacker joins from Motorola Solutions, where he served as General Counsel and Chief Administrative Officer, bringing over 20 years of experience in legal, regulatory, and government affairs roles.
During his time at Motorola Solutions, Hacker was instrumental in the company's transformation into an AI, software, and services leader, leading intellectual property litigation and building government affairs presence. At Lumen, he will lead the Legal and Public Policy organizations, overseeing legal strategy, corporate governance, regulatory compliance, government affairs, and ethics.
The appointment aligns with Lumen's strategy to establish itself as the trusted network for AI and build a leadership team capable of driving transformation.Lumen Technologies and IBM have announced a strategic collaboration to develop enterprise-grade AI solutions at the edge, integrating IBM's watsonx AI portfolio with Lumen's Edge Cloud infrastructure. The partnership aims to enable real-time AI inferencing closer to data generation points, offering <5ms latency and direct cloud connectivity.
IBM Consulting will serve as the preferred systems integrator, helping clients scale deployments and reduce costs. The collaboration targets multiple industries including financial services, healthcare, manufacturing, and retail, focusing on enabling faster insights and lower operational costs. A practical example includes helping a major retailer enhance customer service through AI-driven digital assistants and visual inspection tools.