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Lumen Technologies LUMN · USD

Communication Services · US listing · 🇺🇸 United States

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4.32

+8.27%

Close of 9 Nov 2026, in USD

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About Lumen Technologies

From its filings with the US Securities and Exchange Commission

SEC filings

Lumen Technologies is based in Monroe, Louisiana and is incorporated in Louisiana. Its shares trade on Nasdaq under the ticker LUMN. The SEC classifies its business as telephone communications (no radiotelephone). In the fiscal year to 31 December 2025, it reported revenue of $12.40bn and a net loss of $1.74bn. At that date it held total assets of $34.34bn and shareholders' equity of −$1.12bn.

In its own words

On May 21, 2025, we entered into a definitive agreement to sell our Mass Markets Fiber-to-the-Home business in 11 states (the "Territory") to AT&T. On February 2, 2026, we completed our sale of our Mass Markets Fiber-to-the-Home business in the Territory ("Mass Markets Fiber-to-the-Home business") to AT&T in exchange for gross cash proceeds of $5.75 billion, subject to post-closing adjustments (the "Mass Markets Fiber-to-the-Home divestiture").

Prior to our Mass Markets Fiber-to-the-Home divestiture, we operated our fiber-based broadband services to residential and small business customers under Quantum Fiber.

With approximately 163,000 fiber on-net buildings and over 340,000 route miles of fiber optic cable globally as of December 31, 2025, we are among the largest providers of communications services to domestic and global enterprise customers. Our terrestrial fiber optic long-haul network throughout North America and Asia Pacific connects to metropolitan fiber networks that we operate.

We continue to evaluate the possibility of acquiring or divesting assets in exchange for cash, securities or other properties, and at any given time may be engaged in discussions or negotiations regarding such possibilities. We generally do not announce our acquisitions or divestitures until we have entered into a preliminary or definitive agreement.

Quoted from its 10-K, filed 20 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Communication Services
Industry
Diversified Telecommunication Services
Listed since
24 Oct 1978
Employees
24,000
Head office
P O BOX 4065, MONROE, LA, 71203
Incorporated in
LA
Classification
Telephone Communications (No Radiotelephone)
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. T. Michael GlennIndependent Non-Executive Chairman of the Board$527,273
  • Ms. Kathleen JohnsonPresident, Chief Executive Officer, Director, since 2022$10.5m
  • Mr. Christopher StansburyChief Financial Officer, Executive Vice President$4.4m
  • Mr. David WardExecutive Vice President, Chief Technology and Product Officer$4.8m
  • Mr. Mark HackerExecutive Vice President, Chief Legal Officer
  • Ms. Ashley Haynes-GasparExecutive Vice President, Chief Revenue Officer$2.6m
  • Ms. Michelle GoldbergDirector
  • Mr. Steve McmillanDirector
  • Mr. Quincy AllenIndependent Director$339,148
  • Ms. Martha BejarIndependent Director$352,273
  • Mr. Christopher CaposselaIndependent Director$138,168
  • General Kevin ChiltonIndependent Director$352,273

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
57
Environment
50
Social
43
Governance
76
Direct emissions (scope 1)
166,651.61 t
Energy emissions (scope 2)
1,284,588.2 t
Value chain emissions (scope 3)
1,330,501.31 t
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Lumen Technologies Inc has a strong global presence and a well-established network infrastructure.
  • The company has a diverse portfolio of products and services, offering a wide range of telecommunications solutions.
  • Lumen Technologies possesses a robust customer base, including large enterprises and government agencies.

Weaknesses

  • Lumen Technologies Inc may face challenges in keeping up with rapidly evolving technologies, requiring continuous investment and innovation.
  • The company may have limited geographical coverage compared to some of its competitors.
  • Lumen Technologies could be susceptible to potential disruptions due to the reliance on physical infrastructure.

Opportunities

  • Lumen Technologies Inc can capitalize on the growing demand for cloud services and data storage.
  • The company may explore strategic partnerships or acquisitions to expand its service offerings or geographical reach.
  • Lumen Technologies can leverage its expertise in cybersecurity to address increasing concerns over data privacy and protection.

Threats

  • Lumen Technologies Inc faces fierce competition from both traditional telecom providers and new players in the industry.
  • Changes in government regulations or policies could impact the company's operations or market position.
  • Emerging technologies or disruptive innovations may pose a threat if Lumen Technologies fails to adapt or stay ahead.

Sources and methodology

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