NYSE:LUMNTelecom
Why Lumen Technologies (LUMN) Is Up 6.8% After New AI Fiber Deals And Debt Progress
In recent months, Lumen Technologies reported quarterly results showing better liquidity and lower debt, while also securing fiber and cloud-focused deals with Microsoft, IBM, and Google Cloud to expand its AI-oriented network and services.
An important implication is Lumen’s own projection of returning to revenue and earnings growth by 2029, tied to its multi‑billion‑dollar fiber build‑out and ongoing debt restructuring.
We’ll now examine how Lumen’s AI-focused fiber expansion with...