Lumen Technologies, Inc. is a global technology company that provides a broad range of communication and data services. It specializes in offering high-speed internet, cloud solutions, and managed services to businesses and consumers, focusing on enhancing connectivity and digital experiences. The company leverages its extensive network infrastructure to deliver reliable and secure communication solutions, catering to a variety of sectors including education, healthcare, and government. Lumen also emphasizes innovation in areas such as edge computing and Internet of Things (IoT) applications, aiming to support organizations in their digital transformation efforts. Read More
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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 agreed to sell $425 million aggregate principal amount of its 7.000% First Lien Notes due 2034 (the “Additional First Lien Notes”). The Additional First Lien Notes are being offered as a further issuance of Level 3 Financing's 7.000% First Lien Notes due 2034, of which $2 billion aggregate principal amount was originally issued on Aug. 18, 2025 (the “Initial First Lien Notes” and, together with the Additional First Lien Notes, the “First Lien Notes”). The Additional First Lien Notes will form a single series with, and have the same terms (other than issue date and issue price) as, the Initial First Lien Notes.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 9.4% in the morning session after the company announced a collaboration with Palantir Technologies to integrate Palantir's artificial intelligence platforms into its business.
Palantir is strengthening its role in the US industry through partnerships with Lear and Lumen and will showcase customer success stories at its AIPCon 8 event in September 2025.
Lumen Technologies, Inc. (“Lumen”, “us,” “we” or “our”) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”), plans to offer an additional $425 million aggregate principal amount of its 7.000% First Lien Notes due 2034 (the “Additional First Lien Notes ”). The Additional First Lien Notes are being offered as a further issuance of Level 3 Financing's 7.000% First Lien Notes due 2034, of which $2 billion aggregate principal amount was originally issued on Aug. 18, 2025 (the “Initial First Lien Notes” and, together with the Additional First Lien Notes, the “First Lien Notes”). The Additional First Lien Notes will form a single series with, and have the same terms (other than issue date and issue price) as, the Initial First Lien Notes.
Palantir Technologies Inc. (NASDAQ: PLTR), a leading provider of enterprise operating systems, and Lumen Technologies (NYSE: LUMN), the trusted network for AI, today announced a collaboration that brings Palantir’s Foundry and Artificial Intelligence Platform (AIP) to Lumen as it transforms its business.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) fell 3% in the afternoon session after Goldman Sachs initiated coverage on the stock with a Neutral rating and a price target that suggests potential downside. The investment bank set a price target of $4.10 per share. This target was notably below the stock's recent trading price of $4.97, implying a potential decline of over 14%. In its note, Goldman Sachs cited "low levels of conviction" regarding Lumen's business turnaround efforts. The firm pointed to the company's ongoing revenue declines, with management not projecting a return to positive revenue growth until 2029. According to the bank, it would require "more confidence revenue can grow" before taking a more positive view on the shares.
Unprofitable companies can burn through cash quickly, leaving investors exposed if they fail to turn things around.
Without a clear path to profitability, these businesses risk running out of capital or relying on dilutive fundraising.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the telecommunication services industry, including Globalstar (NASDAQ:GSAT) and its peers.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 4.3% in the morning session after the company announced it is teaming up with Pac-12 Enterprises to power a new era in sports broadcasting.
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 Washington State’s home-opener vs. Idaho on August 30 on The CW. Using Lumen NaaS, Pac-12 Enterprises has been able to unlock a new era of real-time, scalable, high-performance live sports production.
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Lumen (NYSE:LUMN) and the rest of the terrestrial telecommunication services stocks fared in Q2.
Let’s dig into the relative performance of Telephone and Data Systems (NYSE:TDS) and its peers as we unravel the now-completed Q2 terrestrial telecommunication services earnings season.
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings.
However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats.
A number of stocks fell in the afternoon session after investors took some profits off the table as markets awaited signals on future monetary policy from the Federal Reserve's Jackson Hole symposium later in the week.
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 Services at more than 70 third-party, cloud on-ramp ready data centers across 16 highly connected metro markets.
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, 2034 and are guaranteed and secured on a first lien basis by Level 3 Parent, LLC, the direct parent of Level 3 Financing, and certain unregulated subsidiaries of the Issuer. Level 3 Financing used the net proceeds from the offering, together with cash on hand, to redeem all $1,408,435,434 aggregate principal amount of Level 3 Financing’s 11.000% Senior Secured Notes due 2029 and to partially redeem $305,367,000 aggregate principal of Level 3 Financing’s 10.750% First Lien Notes due 2030, in each case, including payment of redemption premium, and to pay related fees and expenses.
