Lumen Technologies

Lumen Technologies declares quarterly cash dividend

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Thursday, August 18, 2022 - 9:15pm
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DENVER, Aug.18, 2022 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced that its Board of Directors voted to declare a regular quarterly cash dividend of $0.25cents per share.

Key Points: 
  • DENVER, Aug.18, 2022 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced that its Board of Directors voted to declare a regular quarterly cash dividend of $0.25cents per share.
  • About Lumen Technologies and the People of Lumen:
    Lumen Technologies Inc. (NYSE: LUMN) is guided by our belief that humanity is at its best when technology advances the way we live and work.
  • Lumen and Lumen Technologies are registered trademarks of Lumen Technologies LLC in the United States.
  • Lumen Technologies LLC is a wholly-owned affiliate of Lumen Technologies, Inc.
    View original content to download multimedia: https://www.prnewswire.com/news-releases/lumen-technologies-declares-qua...

Brightspeed Announces Initial Fiber Build Markets for Kansas

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Thursday, August 18, 2022 - 3:00pm
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CHARLOTTE, N.C., Aug. 18, 2022 /PRNewswire/ -- Brightspeed today announced that it will achieve, by the end of 2023, over 10,000 new fiber passings in portions of three counties in the first phase of its fiber network build in the state of Kansas. Brightspeed plans to add 45,000 fiber passings in the state in subsequent years of its build plan, for a total of over 55,000 fiber-enabled locations across its Kansas operating area.

Key Points: 
  • Brightspeed plans to add 45,000 fiber passings in the state in subsequent years of its build plan, for a total of over 55,000 fiber-enabled locations across its Kansas operating area.
  • "We are thrilled to share our initial network build plan for Kansas," said Sherry Hessenthaler, operations strategy lead for Brightspeed.
  • We are eager to accelerate the upgrade to fiber technologies in our Kansas footprint and to introduce customers to our next-gen Brightspeed products and services supported by a simple, intuitive customer experience."
  • Brightspeed's initial build plan for Kansas will bring faster, more reliable internet and Wi-Fi to over 10,000 residential and commercial locations in markets within Brown, Johnson, and Miami counties.

Lumen investment is bringing businesses more options at the edge

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Tuesday, August 16, 2022 - 4:43pm
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DENVER, Aug. 16, 2022 /PRNewswire/ --  Lumen Technologies (NYSE: LUMN) is continuing to invest in edge computing on the Lumen platform to give businesses more choice on where they can deploy applications and workloads at the edge, closer to digital interactions. Lumen is now offering Lumen Edge Virtual Machines (VM), giving businesses access to on-demand compute, storage, and secure networking, to run their next-generation applications with high performance and at scale. Lumen Edge VM is available on the Lumen Marketplace and integrates seamlessly with the company's comprehensive edge portfolio.  

Key Points: 
  • Lumen Edge VM is available on the Lumen Marketplace and integrates seamlessly with the company's comprehensive edge portfolio.
  • With Lumen Edge VM, businesses have a flexible, on-demand compute solution on the Lumen platform.
  • More on Lumen Edge VM: https://www.lumen.com/en-us/edge-computing/vm.html
    To help businesses deliver enhanced customer experiences, Lumen is bringing a turn-key solution to meet the challenges of deploying and running next-generation applications.
  • Lumen Edge VM can be managed through Lumen Edge Orchestrator, alongside other Lumen edge services and public cloud services from AWS, Microsoft, and Google.

Brightspeed Announces Initial Fiber Build for South Carolina

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Tuesday, August 16, 2022 - 3:00pm
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CHARLOTTE, N.C., Aug. 16, 2022 /PRNewswire/ -- Brightspeed today announced that it will deliver, by the end of 2023, up to 14,000 new fiber passings in Beaufort County during the first phase of its fiber optics network build in the state of South Carolina. Brightspeed plans to add 36,000 fiber passings in the state in subsequent years of its build plan, for a total of up to 50,000 fiber-enabled locations across its South Carolina footprint.

Key Points: 
  • CHARLOTTE, N.C., Aug. 16, 2022 /PRNewswire/ -- Brightspeed today announced that it will deliver, by the end of 2023, up to 14,000 new fiber passings in Beaufort County during the first phase of its fiber optics network build in the state of South Carolina.
  • Brightspeed plans to add 36,000 fiber passings in the state in subsequent years of its build plan, for a total of up to 50,000 fiber-enabled locations across its South Carolina footprint.
  • "Expanding access to faster, more reliable, and user-friendly internet is our number one priority,"said Sherry Hessenthaler, operations strategy lead for Brightspeed.
  • South Carolina is among the 20 states that make up Brightspeed's service territory, mainly in rural and suburban regions of the country.

$48.4 Billion Worldwide Multi-Tenant Data Center Industry to 2027 - Featuring AT&T, CentriLogic, CenturyLink and Digital Realty Trust Among Others

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Thursday, August 11, 2022 - 6:15pm
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The global multi-tenant data center market reached a value of US$ 31.2 Billion in 2021.

Key Points: 
  • The global multi-tenant data center market reached a value of US$ 31.2 Billion in 2021.
  • Looking forward, the publisher expects the market to reach US$ 48.4 Billion by 2027, exhibiting a CAGR of 7.59% during 2021-2027.
  • Multi-tenant, or colocation, data centers (MTDCs) refer to a service that enables enterprises to rent physical space, network bandwidth and other data center resources simultaneously with multiple customers.
  • What is the structure of the global multi-tenant data center market and who are the key players?

Brightspeed Announces Initial Fiber Build Markets for Arkansas

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Wednesday, August 10, 2022 - 3:00pm
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CHARLOTTE, N.C., Aug, 10, 2022 /PRNewswire/ -- Brightspeed today outlined its planned fiber network build for the state of Arkansas. By the end of 2023, Brightspeed will complete the first phase of construction and deliver over 40,000 fiber passings across 10 counties in the state. In subsequent years of its network initiative, the company plans to add 60,000 fiber passings for a total of over 100,000 new fiber-enabled locations in its Arkansas footprint.

Key Points: 
  • CHARLOTTE, N.C., Aug, 10, 2022 /PRNewswire/ -- Brightspeed today outlined its planned fiber network build for the state of Arkansas.
  • By the end of 2023, Brightspeed will complete the first phase of construction and deliver over 40,000 fiber passings across 10 counties in the state.
  • "We look forward to beginning our network deployment in Arkansas and participating in the state's continued growth and development," said Chris Creager, chief administration officer of Brightspeed.
  • Brightspeed's 2022-23 build plan for Arkansas will bring faster, more reliable internet and Wi-Fi solutions to over 40,000 residential and business locations in markets within Arkansas, Benton, Desha, Lonoke, Monroe, Poinsett, Pope, Pulaski, Randolph, and Yell counties.

Lumen stops 1.06 Tbps DDoS attack in the company's largest mitigation to date

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Tuesday, August 9, 2022 - 4:56pm
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DENVER, Aug. 9, 2022 /PRNewswire/ -- In its quarterly report on Distributed Denial of Service (DDoS) attacks, Lumen Technologies (NYSE: LUMN) revealed the company mitigated one of its largest ever – a 1.06 terabits per second (Tbps) attack that was part of a larger campaign targeting a single victim. Despite the size and complexity of the attempted attack, the target experienced no downtime.

Key Points: 
  • Read the full Q2 2022 DDoS report: https://tinyurl.com/Q2DDoSReport
    Attackers leverage cloud-based services in a fraudulent way to significantly boost their attack capability.
  • To learn how to avoid being a victim of compromised cloud services, read the full Q2 DDoS report .
  • Analysis from Black Lotus Labs revealed the 1.06 Tbps attack was part of a larger campaign that lasted 12 minutes.
  • Learn how to protect against hit-and-run attacks with Lumen DDoS Mitigation services.

Lumen Announces Early Tender Results

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Saturday, August 6, 2022 - 2:11am
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(4) Includes the Maximum Tender Early Tender Premium (as defined in the Offer to Purchase and Solicitation Statement) for Notes validly tendered prior to the Early Tender Date (and not validly withdrawn) and accepted for purchase by the applicable offeror.

Key Points: 
  • (4) Includes the Maximum Tender Early Tender Premium (as defined in the Offer to Purchase and Solicitation Statement) for Notes validly tendered prior to the Early Tender Date (and not validly withdrawn) and accepted for purchase by the applicable offeror.
  • (5) As further described in the Offer to Purchase and Solicitation Statement, the Lumen Notes are also subject to the Series Tender Cap of $350,000,000.
  • Because the aggregate principal amount of Maximum Tender Notes validly tendered (and not validly withdrawn) at or prior to the Early Tender Date did not exceed the Aggregate Maximum Tender Amount or the Series Tender Cap, the applicable offeror intends to purchase all of the Maximum Tender Notes validly tendered (and not validly withdrawn) at or prior to the Early Tender Date on the terms described below.
  • Lumen and Lumen Technologies are registered trademarks of Lumen Technologies LLC in the United States.

Brightspeed Announces Initial Fiber Build Markets for Tennessee

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Thursday, August 4, 2022 - 3:00pm
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CHARLOTTE, N.C., Aug. 4, 2022 /PRNewswire/ -- Brightspeed today announced that it will deliver, by the end of 2023, 60,000 new fiber passings in the first phase of its fiber network build in the state of Tennessee. In subsequent years of its network initiative, the company plans to add over 70,000 fiber passings for a total of over 130,000 new fiber-enabled locations in its Tennessee operating territory.

Key Points: 
  • CHARLOTTE, N.C., Aug. 4, 2022 /PRNewswire/ --Brightspeed today announced that it will deliver, by the end of 2023, 60,000 new fiber passings in the first phase of its fiber network build in the state of Tennessee.
  • "We could not be more excited to share the details of our initial fiber build in Tennessee.
  • Beyond its initial network build plans, Brightspeed is currently evaluating additional areas for consideration for Tennessee's broadband infrastructure initiatives.
  • "I welcome Brightspeed to Johnson City and commend this company for its partnership to increase connectivity across Upper East Tennessee."

Quantum Fiber launches multi-gig service, delivering symmetric 8 gigabit internet speeds in select cities

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Wednesday, August 3, 2022 - 3:08pm
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DENVER, Aug. 3, 2022 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN), through its premier fiber internet service, Quantum Fiber, is now offering one of the fastest internet speeds in the U.S. Upload and download speeds up to 8 gigabits per second are now available to select residents and small businesses in cities near Denver, Minneapolis and Seattle, with more cities to come.  

Key Points: 
  • We're investing in technology and internet speeds that will continue to push families and businesses into the future.
  • "Lumen is strengthening its portfolio and increasing gigabit speeds to fuel consumer and small business broadband connections and it's just the beginning.
  • We're investing in technology and internet speeds that will continue to push families and businesses into the future."
  • Quantum Fiber service up to 8 gigabits provides internet speeds 40 times faster than the average advertised U.S. download speed*.