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DENVER - Lumen Technologies (NYSE:LUMN), a $5 billion market cap network services provider with annual revenue of $12.8 billion, has appointed Sean Alexander as Senior Vice President of Connected Ecosystems, according to a press release issued Monday. Alexander, a founding executive of Microsoft AI, will be responsible for building a business development team focused on customer co-innovation, strategic partnerships, and new revenue streams. According to InvestingPro data, the company has seen significant momentum, with shares surging over 18% in the past week.
Reporting to Executive Vice President and Chief Revenue Officer Ashley Haynes-Gaspar, Alexander will lead efforts to develop customer use cases that inform Lumen’s product roadmap, particularly for its Network-as-a-Service, edge cloud, and AI infrastructure offerings.
"Sean brings a rare combination of technical depth, market vision, and go-to-market execution," Haynes-Gaspar said in the statement.
Alexander’s role will include developing Lumen’s connected ecosystem strategy through partnerships designed to expand the company’s presence in the multi-cloud networking market, which the company values at $15 billion.
Prior to joining Lumen, Alexander served as Principal Director of AI at Microsoft, where he helped launch Microsoft AI and established partnerships including one with OpenAI. Most recently, he was CEO of Phoenician Advisors, working with organizations on AI transformations.
Alexander holds a Bachelor of Science in Business Administration from the University of Tulsa and completed executive programs at MIT Sloan School of Management and Northwestern University’s Kellogg School of Management.
Lumen Technologies provides network services focused on business growth through connecting people, data, and applications. The company positions itself as the "trusted network for AI" with offerings spanning metro connectivity, data transport, edge cloud, security, and managed services. InvestingPro analysis shows the company maintains strong liquidity with a current ratio of 2.13, indicating solid financial flexibility. Subscribers can access over 10 additional ProTips and a comprehensive Pro Research Report covering Lumen’s detailed financial health and market position.
In other recent news, Lumen Technologies reported its second-quarter 2025 earnings, showing a narrower-than-expected loss per share and a minor revenue miss. The company posted an earnings per share (EPS) of -$0.03, significantly better than the forecasted -$0.25, resulting in an 88% positive surprise. Revenue was reported at $3.09 billion, slightly below the anticipated $3.11 billion. Additionally, Lumen Technologies announced it has surpassed 1,000 customers on its Network-as-a-Service (NaaS) platform. This platform, launched in late 2023, allows businesses to connect applications across various digital environments quickly. These developments highlight Lumen’s ongoing growth and adaptation in a competitive market.
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