#lumen-technologies

#lumen-technologies

Altogether, Lumen said construction was underway coast-to-coast, and that it has delivered "significant" progress in its mission to build the backbone for the artificial intelligence (AI) economy. It added that it was moving forward with a multibillion-dollar build, with plans to add 34 million intercity fibre miles by the end of 2028, as part of the 47 million intercity fibre mile target.

Concerns about the prospects for Lumen Technologies Inc. ( NYSE: LUMN) have lingered. However, recent quarterly results suggested a positive shift in its financial health due to a focus on strengthening its balance sheet and improving liquidity by reducing debt. The global telecommunications company has also focused on improving customer satisfaction. However, it still faces challenges with declining revenue and with free cash flow.

Lumen Technologies has made major enhancements to datacentre and cloud connectivity across its US network, with a strategic expansion capable of turbocharging metro markets with high-speed datacentre connectivity.