Lumen Technologies, Inc.
- ISIN: US5502411037
- SYMBOL: LUMN at NYSE
Overview
Lumen Technologies is a telecommunications company that provides a range of services to businesses and consumers around the world. The company offers internet, data, voice, and managed services, as well as cloud-based solutions and cybersecurity services.
Lumen Technologies has a long history in the telecommunications industry, with roots dating back to 1930. Over the years, the company has grown and expanded through a series of acquisitions, and today it operates a global network that spans more than 60 countries.
One of the key areas of focus for Lumen Technologies is delivering fiber-based networking solutions to businesses. The company offers a range of high-speed internet and data services that are designed to meet the needs of businesses of all sizes. Lumen’s fiber network provides businesses with fast, reliable connectivity, enabling them to stay connected and productive.
In addition to its networking solutions, Lumen Technologies also offers a range of cloud-based services, including cloud hosting, cloud storage, and cloud application management. These services are designed to help businesses modernize their IT infrastructure and take advantage of the benefits of cloud computing.
Another important aspect of Lumen Technologies’ business is cybersecurity. The company offers a range of cybersecurity solutions, including threat detection and response, vulnerability management, and security consulting services. These solutions are designed to help businesses protect themselves against the growing threat of cyber attacks.
Overall, Lumen Technologies is a leading provider of telecommunications and technology services, with a global network and a strong focus on delivering innovative solutions to businesses and consumers. The company is committed to helping its customers harness the power of technology to drive growth and success in their industries.
Business Segments
Lumen Technologies operates through two main business segments:
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Enterprise: The enterprise segment provides services to large and medium-sized businesses, government agencies, and other organizations. This segment offers a range of solutions, including networking, cloud and IT solutions, security, voice and collaboration, and managed services.
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International and Wholesale: The international and wholesale segment provides services to communication service providers, including wireless and wireline carriers, cable operators, and other service providers. This segment offers a range of solutions, including data and internet protocol services, transport and infrastructure services, voice services, and other wholesale services.
Data
As of March 2023 Lumen has a market cap of $3.17 Billion. In year 2012 it reached $26 Billion already.