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Lumen Technologies

Lumen is a Louisiana-based telecommunications company that delivers services including networking, cloud computing and cybersecurity for industries such as IT and health. Read more

Jeffrey Storey's photo - President & CEO of Lumen Technologies

President & CEO

Jeffrey Storey

CEO Approval Rating

84/100

Founded:

1968

Status:

PublicIndependent CompanyNYSELUMN

LUMEN TECHNOLOGIES TOP COMPETITORS OR ALTERNATIVES

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Charter is Lumen Technologies's #1 competitor. Charter was founded in Stamford, Connecticut} in 1993. Like Lumen Technologies, Charter also competes in the Telecommunication Services industry. Compared to Lumen Technologies, Charter generates $28.4B more revenue.

Verizon is one of Lumen Technologies's top competitors. Verizon was founded in 1983 in New York, New York. Like Lumen Technologies, Verizon also operates in the Telecommunication Services industry. Verizon generates $109B more revenue than Lumen Technologies.

AT&T is a top competitor of Lumen Technologies. AT&T was founded in 1876, and is headquartered in Dallas, Texas. Like Lumen Technologies, AT&T also competes in the Telecommunication Services field. AT&T generates $152.4B more revenue vs. Lumen Technologies.

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Lumen Technologies Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$20.5B

Lumen Technologies's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 66.9B. Over the last four quarters, Lumen Technologies's revenue has decreased by 3.1%. Specifically, in Q1 2021's revenue was $5B; in Q4 2020, it was $5.1B; in Q3 2020, it was $5.2B; in Q2 2020, Lumen Technologies's revenue was $5.2B.

Lumen Technologies Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Streamroot, Inc.

Sep 2019

Source »
undisclosed
Streamroot is a provider of WebRTC-based distributed video CDN solutions for live streaming platforms.
SEAL Consulting Inc.

Jan 2017

Source »
undisclosed
SEAL is a provider of SAP consulting, technology and outsourcing solutions for manufacturing, retail and consumer products industry verticals.
Level 3 Parent, Llc

Oct 2016

Source »
$34B
Level 3 is a provider of wireline telecommunications and Internet Protocol services to healthcare, finance and government sectors.
ElasticBox

Jun 2016

Source »
undisclosed
ElasticBox provides multi-cloud deployment solutions that helps developers to configure application and database servers.
netAura LLC

Mar 2016

Source »
undisclosed
netAura is a security services firm that specializes in engineering, developing and consulting on managed security technologies.

These are all the companies that Lumen Technologies has acquired. Lumen Technologies has acquired 12 companies and its latest acquisition was Streamroot, Inc. in Sep 2019. Streamroot is a provider of WebRTC-based distributed video CDN solutions for live streaming platforms.

Lumen Technologies Funding History

Since Lumen Technologies was founded in 1968, it has participated in 3 rounds of funding. In total Lumen Technologies has raised $2.0B. Lumen Technologies' last funding round was on Jun 2021 for a total of $1.0B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Private Placement
Jun 2021
$1B
-
Private Placement
Nov 2020
$1B
-
IPO
Dec 1972
--
-

Since Lumen Technologies was founded in 1968, it has participated in 3 rounds of funding. In total Lumen Technologies has raised $2.0B. Lumen Technologies' last funding round was on Jun 2021 for a total of $1.0B

Lumen Technologies Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Section is a Colorado-based Edge as a Service platform that provides workload optimization, threat protection and DNS hosting solutions for businesses.
$12M
Apr 12, 2021
Series B
-

These are all the companies that Lumen Technologies has invested in. Lumen Technologies has invested 12 companies and its latest investment was Streamroot, Inc. in Sep 2019. Streamroot is a provider of WebRTC-based distributed video CDN solutions for live streaming platforms.

Lumen Technologies News

June 10, 2021Telecompaper

Lumen Technologies introduces edge media services

(Telecompaper) Lumen Technologies introduced Lumen Media Transformation, a platform meant to create h... See more »
June 9, 2021Wearable Technologies

Garmin-Lumen Partnership Launches Second Phase Integration With Metabolic Fitness Data

Lumen, the maker of metabolism measurement device through the breath, and Garmin International, have ... See more »
June 9, 2021StartTribune

CenturyLink seeks to ease Minnesota landline repair rules

Telecommunications company CenturyLink has asked Minnesota utility regulators to ease a decades-old r... See more »
June 7, 2021FierceTelecom

Lumen's Black Lotus Labs uncovers hacktivist attack

Lumen's Black Lotus Labs uncovers hacktivist attack doshea14 Mon, 06/07/2021 - 11:52... See more »
June 3, 2021Washington Technology

High technical scores can't overcome price issues for Lumen

Lumen lost its shot at a Homeland Security Department cyber contract because its price was too high d... See more »
June 3, 2021The Business Journals: Denver

Lumen to raise $1 billion through debt offering

The telecom giant formerly known as CenturyLink has been evolving over the past year, and now it is r... See more »
June 2, 2021MarketScreener

announces proposed private offering of Senior Notes (Form 8-K)

(marketscreener.com) Lumen announces proposed private offering of Senior Notes DENVER, June 2, 2021 -... See more »

Lumen Technologies Blogs

June 10, 2021Lumen Technologies Blog

From POTS to PANS-It's Time!

Few technologies have exhibited the staying power of basic analog phone services. Affectionately know... See more »
June 10, 2021Lumen Technologies Blog

What Should Every CXO Be Focused on Right Now?

IT modernization and new applications are forcing enterprises to rethink and rearchitect the network ... See more »
June 7, 2021Lumen Technologies Blog

Lumen Opens New Federal Security Operations Centers

Cybersecurity is more important than ever these days, which is why it's imperative that government ag... See more »
June 4, 2021Lumen Technologies Blog

If It Breaks, Fix it Fast and Right

I continue my series that focuses on our three-part philosophy on how to care for customers - and eve... See more »
June 3, 2021Lumen Technologies Blog

Elevating the Travel & Hospitality Customer Experience Through Edge Application Delivery Solutions

Although the travel and hospitality industries took a big hit during the COVID-19 pandemic, the retur... See more »
May 27, 2021Lumen Technologies Blog

Our passion gives us an edge

What's your passion? For me, time with family and golf are at the top of my list. Originally from New... See more »
May 25, 2021Lumen Technologies Blog

Changing security mindsets for a changing threat landscape

It would be easy to keep important things secure from prying eyes if you sealed them in a box and cha... See more »

Lumen Technologies Press Releases

February 15, 2021PR Newswire

Lumen Technologies recognized by Human Rights Campaign Foundation for LGBTQ workplace equality

DENVER, Feb. 15, 2021 /PRNewswire/ -- For the third consecutive year, Lumen Technologies (NYSE: LUMN)... See more »
January 15, 2021PR Newswire

Jones Walker Represents Lumen Technologies in Its Inaugural Issuance of Sustainability-Linked Bonds

NEW ORLEANS, La., Jan. 15, 2021 /PRNewswire/ -- This week, Lumen Technologies (formerly CenturyLink),... See more »
January 14, 2021PRWeb

Lumen Enhances Business Operations through Network Orchestration and Automation with Itential

Itential Automation Platform drives productivity, increases efficiency, and streamlines customer expe... See more »
January 13, 2021PressReleasePoint

CWA and Supporters Call on Lumen Technologies CEO to Extend MLK Holiday and Address Racism at Company

In November, Lumen, formerly known as CenturyLink, announced that the company would, for the first ti... See more »
January 13, 2021StreetInsider

Level 3 Financing completes sale of Sustainability-Linked Senior Notes

DENVER, Jan. 13, 2021 /PRNewswire/ --Â Lumen Technologies* (NYSE: LUMN) announced...... See more »
December 14, 2020centralcharts

Lumen Technologies completes redemption of Qwest Corporation Notes

Lumen Technologies completes redemption of Qwest Corporation Notes PR Newswire DENVER, Dec. 14, 2020 ... See more »

Lumen Technologies Videos

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Lumen Technologies Headquarters

100 CenturyLink Drive

Monroe, Louisiana71203

1-800-871-9244

Driving Directions »

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Lumen Technologies Summary

ABOUT

Overview

Lumen is a Louisiana-based telecommunications company that delivers services including networking, cloud computing and cybersecurity for industries such as IT and health. Lumen Technologies was founded in 1968. Lumen Technologies' headquarters is loca...

CEO

Lumen Technologies's President & CEO, Jeffrey Storey, currently has an approval rating of 84%. Lumen Technologies's primary competitors are Charter, Verizon & AT&T.

Website

lumen.com

Frequently Asked Questions about Lumen Technologies

  1. When was Lumen Technologies founded?

    Lumen Technologies was founded in 1968
  2. Who is Lumen Technologies's CEO?

    Lumen Technologies's CEO is Jeffrey Storey
  3. How much revenue does Lumen Technologies generate?

    Lumen Technologies generates $20.5B in revenue
  4. How much funding does Lumen Technologies have?

    Lumen Technologies has historically raised $2B in funding
  5. Where is Lumen Technologies's headquarters?

    Lumen Technologies's headquarters is in Monroe Louisiana, USA
  1. How many employees does Lumen Technologies have?

    Lumen Technologies has 45,000 employees
  2. What sector does Lumen Technologies operate in?

    Lumen Technologies is in Telecommunication Services
  3. Who are Lumen Technologies's competitors?

    Lumen Technologies's top competitors are Charter, Verizon, AT&T
  4. Who has Lumen Technologies invested in?

    Lumen Technologies's has invested in companies such as Section