BROWSING: Lumen Technologies
Lumen expands Quantum Fiber in 18 US cities
Lumen says its Quantum Fiber internet is on track to connect more than 500,000 homes and small businesses this year
This week, Lumen — rebranded from CenturyLink in 2020 — expanded its Quantum Fiber availability in 18 cities. The service, which the company says provides...
Lumen to sell EMEA business to Colt for $1.8B
Lumen retains multinational enterprise customers under the terms of the deal
Lumen Technologies announced Wednesday plans to sell its Europe, Middle East and Africa (EMEA) business to Colt Technology Services in a transaction valued at $1.8 billion. The deal includes Lumen’s regional terrestrial and subsea networks, data...
Lumen closes $7.5B ILEC sale to Brightspeed
Lumen’s attention now turns to reaching 'more customers with maximum efficiency,' said the CEO
Lumen Technologies on Monday announced that it’s closed its $7.5 billion sale of its Incumbent Local Exchange Carrier (ILEC) business operating in 20 states to Brightspeed.
With the Brightspeed sale behind it,...
FCC clears $7.5B Lumen/Brightspeed ILEC deal
Brightspeed plans a five-year, $2 billion fiber buildout in 20 states to help meet rural and suburban needs
The Federal Communications Commission (FCC) has approved Lumen Technologies’ sale of its incumbent local exchange carrier (ILEC) business to Brightspeed, Lumen announced Monday. Now that the deal...
Lumen brings edge network to Europe
5ms latency promised for 70% of customers in the UK, France, Germany, Belgium and the Netherlands.
Lumen Technologies has announced the launch of its enterprise edge computing solutions in Europe. The company claims 5 millisecond (ms) latency for 70% of enterprise demand in the UK, France,...
Editorial Webinar: Rural Broadband in the real world
The need for ubiquitous, reliable connectivity was brought into sharp focus throughout the COVID-19 pandemic. As a result, funding for rural broadband has become a priority for many governments around the world. But the true burden still falls on service providers, which are now...
The Sunday Brief: Q2 Earnings Wrap – ABC (Apple, Broadband, C-Band)
August greetings from Nebraska, Missouri, Louisiana, Iowa, Illinois, and North Carollina. Pictured is the Capital One Tower in downtown Lake Charles (pre-hurricane pictures here). Yes, those are boards, not an artistic glass mosaic. It’s been nearly a year since Hurricane Laura took dead aim on...
Lumen sells CenturyLink ILEC assets to Apollo in $7.5 billion deal
Lumen will sell CenturyLink-branded assets to Apollo across 20 states and retain those in 16 states
Lumen Technologies has agreed to sell a portion of its incumbent local exchange carrier (ILEC) operations to Apollo Global Management for $7.5 billion. Lumen will retain the CenturyLink-branded assets in 16...
The Sunday Brief: The plight of the resurrected telco
Greetings from Hilton Head Island (SC), Davidson/ Lake Norman (NC) and Omaha (NE). Pictured is a long-time friend and former colleague, Christopher (“Topher”) Wren and I having a terrific conversation and dinner at Stokes in downtown Omaha. Topher is currently the Senior Vice President...
T-Mobile reports ‘beat-and-raise’ Q1 as it executes ‘worst-to-first’ strategy
T-Mobile US this week report a strong first quarter marked by 1.2 million postpaid net subscriber additions and 773,000 postpaid adds. T-Mo reported total revenue of $19.8 billion with net income of $993 million. In what CEO Mike Sievert described as a "beat-and-raise quarter,"...
T-Mobile US combining its 5G network with Lumen’s edge infrastructure
Lumen Technologies, formerly CenturyLink, using its fiber and edge assets for enterprise 5G services
According to the "Un-carrier," it wants to double its enterprise market share in the next five years. During a March analyst event, T-Mobile executives discussed the role of 5G in driving...
CenturyLink rebrands as Lumen, focused on Industry 4.0
Centurylink is rebranding itself as an enterprise-focused business named Lumen Technologies and positioning its offerings as a global platform for Industry 4.0.
"With Lumen, we are reinventing and repositioning the company to deliver on a brand new promise: To further human progress through technology," said...