Lumen (LUMN)

• Market cap: $6.68B
• 1 day: -2.85%
• 5 days: -7.43%
• 1 month: -1.52%
• 3 months: -20%
• 6 months: -4.85%
• Year to date: -15.73%
• 1 year: 15.92%
• 5 years: -49.92%
• 10 years: -76.04%
• Sector: Communication Services
• Industry: Telecom Services

About: Lumen Technologies is one of the largest telecommunications carriers serving global enterprises. The merger with Level 3 in 2017, the 2022 divestiture of much of its local phone business in rural areas, and the 2026 sale of its remaining consumer fiber network to AT&T have shifted the company's operations away from the legacy consumer business and toward enterprise services, which account for about 85%-90% of revenue. Lumen offers businesses a full suite of communications services, providing colocation and data center services, data transportation, phone service, and internet access.

Employees: 21,000