Tag: LUMN Stock

Business

Lumen Technologies Inc (NYSE: LUMN) Agrees to a $2.7 Billion Deal to Sell its Latin American Business to Stonepeak

The deal between Lumen Technologies Inc (NYSE: LUMN) and Stonepeak went through, marking a significant expansion in the business activities of the leading alternative investment firm that focuses on infrastructure. Stonepeak has made significant steps forward, and currently, it manages assets worth $37 billion. Lumen sells its Latin American business for […]

Business

Lumen Technologies Inc (NYSE: LUMN) Launches New On-Net Subsea Fiber Route Between U.S. and France

Currently, almost 70% of organizations and firms are using cloud services due to the wake of COVID-19, and they plan to increase their cloud spending. This excessive cloud usage was creating a spike in demand for data and cloud connectivity services worldwide. Moreover, the need for international bandwidth is nearly […]

Technology Stocks

Lumen Technologies Inc (NYSE: LUMN) and Microsoft Corporation (NASDAQ: MSFT) to Focus on Enhancing Enterprise Application Delivery

Lumen Technologies Inc (NYSE: LUMN) and Microsoft Corporation (NASDAQ: MSFT) have agreed to move into a strategic relationship that seeks to benefit their mutual customers significantly. The two believe that their cooperation will make it easy to shape the next generation of enterprise application delivery.  The cooperation between Lumen Technologies Inc and […]