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DENVER - Lumen Technologies (NYSE:LUMN) announced Tuesday an expansion of its high-speed connectivity services across 16 metro markets and more than 70 third-party data centers in the United States, offering speeds of up to 400 gigabits per second. The announcement comes as the company’s stock shows strong momentum, with an 18.73% gain over the past week. According to InvestingPro data, Lumen maintains a solid liquidity position with a current ratio of 2.13, indicating strong operational capability.
The telecommunications company is enhancing its network infrastructure to support growing enterprise demand for artificial intelligence and multi-cloud deployments. The expansion includes Ethernet and IP services across major markets including Northern Virginia, Atlanta, Chicago, Dallas, New York City, and San Jose, with San Antonio scheduled to join in the fourth quarter of 2025.
Lumen’s expanded offerings include Ethernet On-Demand, Internet On-Demand, E-Line, E-LAN, and E-Access services, all supporting speeds up to 400Gbps. The company stated that customers can provision bandwidth in minutes and pay based on usage.
"We’re giving customers what they need most: performance, flexibility, and speed at scale—whether they’re turning up a single connection or orchestrating thousands of AI workloads across metro markets," said Ashley-Haynes Gaspar, Lumen’s Chief Revenue Officer, according to the press release.
The company operates one of the most interconnected networks in the U.S., designed to deliver under 5 milliseconds of latency at the edge to meet 97% of U.S. enterprise demand. Lumen’s network connects to all major cloud providers, 2,200+ third-party data centers, and more than 163,000 on-net customer locations.
As part of its ongoing infrastructure investment, Lumen aims to reach 47 million intercity fiber miles by the end of 2028, focusing on upgrades that support high-growth markets.
In other recent news, Lumen Technologies reported its second-quarter 2025 earnings, showing a narrower-than-expected loss per share. The company posted an EPS of -$0.03, significantly better than the forecasted -$0.25, representing an 88% positive surprise. However, revenue slightly missed expectations, coming in at $3.09 billion compared to the anticipated $3.11 billion. Additionally, Lumen Technologies announced that it has surpassed 1,000 customers on its Network-as-a-Service (NaaS) platform, which was launched in late 2023. This platform allows businesses to connect applications across offices, cloud providers, and data centers swiftly through self-service options. In another development, Lumen appointed Sean Alexander as Senior Vice President of Connected Ecosystems. Alexander, a founding executive of Microsoft AI, will focus on customer co-innovation and strategic partnerships to drive new revenue streams. These recent developments highlight Lumen Technologies’ ongoing efforts to expand its service offerings and enhance its business strategies.
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