Lumen

LUMN

Market cap $8.34B

Lumen Technologies (LUMN) experienced a dramatic rally, driven by turnaround progress and aggressive cost and debt reductions. The pending consumer fiber sale to AT&T will further reduce the top-line, raising questions about the timing of revenue stabilization. Further reductions in debt as well as meaningful free cash flow production are expected this year.

BDTX, LUMN, ADEA, ACRE and TACT have been added to the Zacks Rank #1 (Strong Buy) List on January 9th, 2026.

DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (“Lumen,” “us,” “we” or “our”) (NYSE: LUMN) today announced that the previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) by its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”) to purchase the outstanding notes described below, in each case subject to certain terms and conditions set forth in the Offers to Purchase and Solicitations of Consents dated Dec. 8, 2025, as amende.

Lumen Technologies, Inc. turnaround is continuing with revenue still in decline. The growth in LUMN's AI deals is best quantified through the growth in deferred revenue. Following the fiber to home divestiture, LUMN's debt structure will be more lean.

My October bullish call on Lumen Technologies, Inc. was based on EBITDA stability, but Q3 data reveals a more lucrative transformation. LUMN is rapidly evolving from a legacy telco into a high-margin tech platform. I analyze the new P×Q unit economics behind LUMN's NaaS business, which just posted 32% sequential growth and effectively turns the company's fiber infrastructure into software-like recurring revenue. Beyond the fiber backlog, the Connected Ecosystem is turning tech giants like Palantir and Microsoft into sales channels.

DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (“Lumen,” “us,” “we” or “our”) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”), has agreed to sell $650 million aggregate principal amount of its 8.500% Senior Notes due 2036 (the “Additional Notes”), which represents a $50 million increase from the previously announced size of the offering. The Additional Notes are being offered as a further issuance of Level 3 Financing's 8.500% Seni.

Investors who are looking for top-tier growth stocks with the potential to beat the market have plenty of options to choose from, particularly among the largest-cap names.

DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (“Lumen,” “us,” “we” or “our”) (NYSE: LUMN) today announced that its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”), plans to offer an additional $600 million aggregate principal amount of its 8.500% Senior Notes due 2036 (the “Additional Notes”). The Additional Notes are being offered as a further issuance of Level 3 Financing's 8.500% Senior Notes due 2036, of which $1.25 billion aggregate principal amount was originall.

Lumen is pivoting from a telecom company to an artificial intelligence (AI) infrastructure provider. A heavy debt load is restricting Lumen's ability to invest in other business areas.

DENVER--(BUSINESS WIRE)--Lumen Technologies, Inc. (“Lumen,” “us,” “we” or “our”) (NYSE: LUMN) today announced the early results of the previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) by its wholly-owned subsidiary, Level 3 Financing, Inc. (“Level 3 Financing”) to purchase the outstanding notes described below, in each case subject to certain terms and conditions set forth in the Offers to Purchase and Solicitations of Consents dated Decembe.