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Lumen Technologies (LUMN) Stock News, Aug-Oct 2021

LUMN NASDAQ

Lumen Technologies reports developments in enterprise communications, programmable networking, and network services for businesses. Company updates describe operating results, transformation initiatives, metro connectivity, long-haul data transport, edge cloud, security, managed services, and digital platform capabilities used to connect people, data, and applications.

Recurring LUMN news also covers capital-structure actions involving senior notes, tender offers, exchange offers, consent solicitations, credit arrangements, and subsidiary debt issuers such as Qwest and Level 3 entities. Additional updates address investor presentations, shareholder voting matters, material agreements, and leadership or governance changes tied to the company's telecom and enterprise-network operations.

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Lumen Technologies (NYSE: LUMN) will announce its third quarter 2021 results on November 3, 2021, at 5 p.m. ET via a live conference call. Interested parties can access the call through Lumen's Investor Relations website. Additional materials including the earnings release will be available on the same site. The audio replay of the call will start at 8 p.m. ET on November 3, and will be accessible until February 1, 2022. Lumen operates approximately 450,000 route fiber miles, providing secure technological platforms globally.

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Lumen Technologies (LUMN) has been selected by the U.S. Postal Service (USPS) to enhance and modernize its network services across over 32,000 post offices and mail processing sites. This partnership will provide USPS with secure broadband, wireless access, and software-defined networking, allowing better connectivity for around 900 IT applications. The contract was awarded through a USPS multi-vendor framework, underlining Lumen's role in delivering government-grade network solutions that support essential services. This development is a significant step in optimizing USPS's performance and cost efficiency.

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Lumen Technologies (NYSE: LUMN) subsidiary Black Lotus Labs has confirmed that threat actors are deploying Linux executables as stealth loaders within the Windows Subsystem for Linux (WSL). This finding, which supports a 2017 theory, marks the first documented instance of this malicious activity. Black Lotus Labs identified several Python-based malicious files that can inject payloads into running processes and noted a limited operational scope, suggesting ongoing development. To mitigate risks, Black Lotus Labs has null-routed the threat actor's infrastructure globally.

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Lumen Technologies (NYSE: LUMN) is set to present at the Goldman Sachs 30th Annual Communacopia Conference on September 22, 2021, at 12:25 p.m. EDT. CEO Jeff Storey will lead the presentation, which will focus on the company's advancements in technology that enhance business and community experiences. Investors can access the webcast on the Lumen Investor Relations website. Lumen operates a network of approximately 450,000 route fiber miles, serving customers in over 60 countries.

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Lumen Technologies announced that Shaun Andrews, executive VP and chief marketing officer, will present at the Bank of America 2021 Media, Communications & Entertainment Conference on Sept. 13 at 10:20 a.m. EDT. The presentation will be accessible via webcast on the Lumen Investor Relations website. Lumen operates approximately 450,000 route fiber miles across over 60 countries, providing secure technology solutions to enhance business operations and customer experiences. For further information, visit their Investor Relations page.

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Lumen Technologies has declared a quarterly cash dividend of 25 cents per share, payable on September 10, 2021, to shareholders of record by August 30, 2021. The ex-dividend date is August 27, 2021. This announcement reflects the company's commitment to returning value to its shareholders while continuing to deliver advanced technology solutions across approximately 450,000 route fiber miles in over 60 countries.

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Lumen Technologies has launched the Lumen Edge Private Cloud, a fully managed private computing infrastructure integrated with a global fiber network. This offering is designed to help businesses quickly deploy workloads for interaction-intensive applications while enhancing performance, security, and control. According to 451 Research, edge private clouds provide significant advantages such as cost savings and low latency. Lumen aims to bridge IT infrastructure with its extensive services, enabling businesses to navigate the 4th Industrial Revolution effectively.

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Lumen Technologies (NYSE: LUMN) released its Q2 2021 DDoS report, noting a 14% increase in mitigated attacks compared to Q1. Key findings revealed a rise in ransom DDoS attacks, emphasizing the importance of robust DDoS mitigation services for digital businesses. The report highlighted a large attack bandwidth of 419 Gbps and a significant increase in unique command-and-control servers (C2s) across various regions. The security team at Lumen utilized intelligence from Black Lotus Labs to compile these findings.

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Black Lotus Labs, the threat intelligence arm of Lumen Technologies (NYSE: LUMN), has identified modifications to the ReverseRat remote access trojan, now dubbed ReverseRat 2.0. This enhanced version gains access to webcams and USB-connected devices, evading antivirus detection. It primarily targets victims in Afghanistan, India, Iran, and Jordan, with malicious documents masquerading as United Nations meeting agendas. Black Lotus Labs has null-routed the threat infrastructure and advises organizations to stay vigilant against such attacks.

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Lumen Technologies will present at the Cowen 7th Annual Communications Infrastructure Summit on August 10, 2021, at 6:55 p.m. ET. The presentation will be led by Maxine Moreau, President of Mass Markets. Investors can access the webcast through the Lumen Investor Relations website. Lumen Technologies operates across approximately 450,000 route fiber miles in over 60 countries, focusing on delivering secure platforms for applications and data, enhancing business and community experiences.

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FAQ

What is the current stock price of Lumen Technologies (LUMN)?

Lumen Technologies (LUMN) last closed at $4.47.

What is the market cap of Lumen Technologies (LUMN)?

The market cap of Lumen Technologies (LUMN) is approximately $4.6B.