Lumen Technologies

Lumen is a telecommunications company that offers edge computing, hybrid infrastructure and cybersecurity solutions for IT and hospital sectors. Read more

16,519 Followers on Owler
16,519 Followers on Owler
16,519 Followers on Owler
16,519 Followers on Owler

Lumen Technologies

Lumen is a telecommunications company that offers edge computing, hybrid infrastructure and cybersecurity solutions for IT and hospital sectors. Read more

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

President & CEO

Jeff Storey

CEO Approval Rating

77/100

Founded:

2006

Status:

PublicIndependent CompanyNYSELUMN

LUMEN TECHNOLOGIES TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Missing a competitor? Contribute!

Verizon is Lumen Technologies's #1 competitor. Verizon was founded in New York, New York} in 1983. Verizon operates in the Telecommunication Services industry. Compared to Lumen Technologies, Verizon generates $109B more revenue.

AT&T is one of Lumen Technologies's top competitors. AT&T was founded in 1876 in Dallas, Texas. AT&T operates in the Telecommunications Equipment industry. AT&T generates $152.4B more revenue than Lumen Technologies.

Altice is a top competitor of Lumen Technologies. Altice was founded in 2001, and is headquartered in Woerden, Utrecht. Altice is in the Telecommunications Equipment industry. Altice generates $7.3B less revenue vs. Lumen Technologies.

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is Apple a competitor of Lumen Technologies?

Lumen Technologies Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$20.5B

Lumen Technologies's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 75.8B. 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 2006, it has participated in 1 round of funding. In total Lumen Technologies has raised $1.0B. Lumen Technologies' funding round was on Nov 2020 for a total of $1.0B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Nov 2020
$1B
-

Since Lumen Technologies was founded in 2006, it has participated in 1 round of funding. In total Lumen Technologies has raised $1.0B. Lumen Technologies' funding round was on Nov 2020 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

May 11, 2021FierceTelecom

Lumen snags SD-WAN contract with U.S. Navy JAG

Lumen snags SD-WAN contract with U.S. Navy JAG dgoovaerts Tue, 05/11/2021 - 14:31... See more »
May 9, 2021Seeking Alpha

Q1 2021 Update

May 6, 2021FierceTelecom

Lumen eyes asset sales as Q1 revenue falls

Lumen eyes asset sales as Q1 revenue falls dgoovaerts Thu, 05/06/2021 - 10:52... See more »
May 6, 2021Telecompaper

Lumen net earnings, cash flow rise in Q1 on slightly lower revenues

(Telecompaper) Lumen Technologies reported higher net earnings and cash flow for the first quarter an... See more »
May 3, 2021Zacks

Is a Beat in the Offing?

Lumen's (LUMN) consolidated revenues in first-quarter 2021 is likely to have been hurt by coronavirus... See more »

Lumen Technologies Blogs

May 5, 2021Lumen Technologies Blog

Living on the edge in your hometown, state and school

How do you get ready for the future? State and local governments and educational institutions have ha... See more »
May 4, 2021Lumen Technologies Blog

How will we leave this world better than we found it?

I ask myself that question a lot. After all, we have made a commitment to be a company that will ena... See more »
May 3, 2021Lumen Technologies Blog

Helping Frustrated Customers

Like many of us who started out in telecommunications, I have spent most of my sales career in the fu... See more »
April 30, 2021Lumen Technologies Blog

New ITDM Survey Stresses the Importance of Choosing the Right Edge Computing Solution for your Organization

A new global survey conducted by analyst firm IDC and sponsored by Lumen Technologies and Intel Corpo... See more »
April 30, 2021Lumen Technologies Blog

Colorado companies illuminated by the sun

Country music legend John Denver famously sang "sunshine on my shoulders makes me happy," and I could... See more »
April 28, 2021Lumen Technologies Blog

Organizations are Secure at the Edge

Organizations understand the need for securing data. As previous examples of data breaches have shown... See more »
April 27, 2021Lumen Technologies Blog

The Best Repair Ticket You Have Is The One You Never Need to Open

My last blog outlined Lumen's three-part philosophy on how to care for - and even surprise and deligh... 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

Social Media

Lumen Technologies Headquarters

100 CenturyLink Drive

Monroe, Louisiana71203

800-871-9244

Driving Directions »

Trending Companies

Lumen Technologies Summary

ABOUT

Overview

Lumen is a telecommunications company that offers edge computing, hybrid infrastructure and cybersecurity solutions for IT and hospital sectors. Lumen Technologies was founded in 2006. Lumen Technologies' headquarters is located in Monroe, Louisiana, ...

CEO

Lumen Technologies's President & CEO, Jeff Storey, currently has an approval rating of 77%. Lumen Technologies's primary competitors are Verizon, AT&T & Altice.

Website

lumen.com

Frequently Asked Questions about Lumen Technologies

  1. When was Lumen Technologies founded?

    Lumen Technologies was founded in 2006
  2. Who is Lumen Technologies's CEO?

    Lumen Technologies's CEO is Jeff 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 $1B 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 Internet Software, Cloud Computing, Cybersecurity
  3. Who are Lumen Technologies's competitors?

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

    Lumen Technologies's has invested in companies such as Section