Lumen Technologies Overview

  • Year Founded
  • 1968

Year Founded

  • Status
  • Public

  • Employees
  • 27,000

Employees

  • Stock Symbol
  • LUMN

Stock Symbol

  • Investments
  • 27

  • Share Price
  • $1.07
  • (As of Friday Closing)

Lumen Technologies General Information

Description

With 450,000 route miles of fiber, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now about 75% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.

Contact Information

Website
www.lumen.com
Formerly Known As
Central Telephone and Electronics, Century Telephone Enterprises, Century Telephone Enterprises Inc
Ownership Status
Publicly Held
Financing Status
Private Debt Financed
Primary Industry
Telecommunications Service Providers
Other Industries
Internet Service Providers
Wireless Communications Equipment
Stock Exchange
NYS
Corporate Office
  • 100 CenturyLink Drive
  • Monroe, LA 71203
  • United States
+1 (800) 000-0000

Lumen Technologies Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Lumen Technologies Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.07 $1.11 $0.78 - $2.34 $1.09B 1.02B 9.7M -$10.93

Lumen Technologies Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 19,597,219 21,726,284 30,782,522 42,364,872
Revenue 14,109,000 14,557,000 17,478,000 19,687,000
EBITDA (6,744,000) (6,120,000) 3,556,000 8,242,000
Net Income (10,752,000) (10,298,000) (1,548,000) 2,033,000
Total Assets 33,173,000 34,018,000 45,612,000 57,993,000
Total Debt 18,959,000 20,256,000 20,916,000 29,367,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Lumen Technologies Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Lumen Technologies‘s full profile, request access.

Request a free trial

Lumen Technologies Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
With 450,000 route miles of fiber, Lumen Technologies is one of the United States' largest telecommunications carriers s
Telecommunications Service Providers
Monroe, LA
27,000 As of 2024
000.00
000000000000 000.00

00&0

tetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magn
000000000000000000 0
Dallas, TX
000000 As of 0000
000.00
000000000 00 000.00

000000

unt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exer
000000000000000000 0
New York, NY
000000 As of 0000
000.00
000000000000 000.00
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Lumen Technologies Competitors (63)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
AT&T Corporation Dallas, TX 000000 000.00 000000000 00 000.00
Verizon Communications Corporation New York, NY 000000 000.00 000000000000 000.00
Frontier Communications Corporation Tampa, FL 00000 00.000 000000000 00 00.000
WideOpenWest Formerly PE-Backed Englewood, CO 0000 00.000 000000000000 00.000
CommScope Formerly PE-Backed Hickory, NC 00000 00.000 000000000 00 00.000
You’re viewing 5 of 63 competitors. Get the full list »

Lumen Technologies Patents

Lumen Technologies Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240205162-A1 Intelligent queuing with feedback-driven admission controls Pending 15-Dec-2022 00000000000
US-20240171546-A1 Enhanced internet protocol security management for virtual private network concentrators Pending 22-Nov-2022 00000000000
US-20240163729-A1 Systems and methods to extend wireless access range Pending 14-Nov-2022 000000000
US-20240152447-A1 Enhanced testing of edge gateways with a virtual network function Pending 09-Nov-2022 00000000000
US-20240107496-A1 Network interface device and improved routing device Pending 27-Sep-2022 H04W64/003
To view Lumen Technologies’s complete patent history, request access »

Lumen Technologies Executive Team (72)

Name Title Board Seat Contact Info
Kate Johnson President, Chief Executive Officer and Board Member
Christopher Stansbury Executive Vice President and Chief Financial Officer
Satish Lakshmanan Executive Vice President, Chief Product Officer and Chief Strategy Officer
Andrew Dugan Chief Technology Officer
David Ward Chief Technology Officer
You’re viewing 5 of 72 executive team members. Get the full list »

Lumen Technologies Board Members (16)

Name Representing Role Since
Hal Jones Lumen Technologies Board Member & Member of the Audit Committee, Risk and Security Committee and Finance Committee 000 0000
Kate Johnson Lumen Technologies President, Chief Executive Officer and Board Member 000 0000
Kevin Chilton JD Lumen Technologies Board Member, Chair of Risk and Security Committee & Member of the Audit Committee 000 0000
Laurie Siegel Self Board Member, Chair of Human Resources and Compensation Committee & Member of the Nominating and Corporate Governance 000 0000
Martha Bejar Self Board Member, Chai of Nominating and Corporate Governance & Member of the Compensation Committee 000 0000
You’re viewing 5 of 16 board members. Get the full list »

Lumen Technologies Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Lumen Technologies Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Lumen Technologies‘s full profile, request access.

Request a free trial

Lumen Technologies Investments & Acquisitions (27)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Section 26-Apr-2021 00000 0000 0000 Business/Productivity Software 0000 0000
Streamroot 06-Sep-2019 0000000000 Broadcasting, Radio and Television 0000000 0
Level 3 Communications 01-Nov-2017 0000000000 000.00 Systems and Information Management 0000 0000
RiskSense 09-Mar-2017 00000 0000 0000 Network Management Software
SEAL Consulting 09-Jan-2017 Merger/Acquisition IT Consulting and Outsourcing 000000 00
You’re viewing 5 of 27 investments and acquisitions. Get the full list »

Lumen Technologies Subsidiaries (7)

Company Name Industry Location Founded
Streamroot Broadcasting, Radio and Television New York, NY 2013
Centurylink Defined Benefit Master Trust Corporate Pension Monroe, LA 0000
CenturyLink Investment Management Investment Advisor Denver, CO 0000
Qwest Communications International Telecommunications Service Providers Denver, CO 0000
Level 3 Communications Systems and Information Management Broomfield, CO 0000
You’re viewing 5 of 7 subsidiaries. Get the full list »

Lumen Technologies ESG

Risk Overview

Risk Rating

Updated May, 09, 2024

29.85 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.00

Percentile

Telecommunication Services

Industry

00 of 227

Rank

00.00

Percentile

Telecommunication Services

Subindustry

00 of 227

Rank

00.00

Percentile

To view Lumen Technologies’s complete esg history, request access »

Lumen Technologies Exits (3)

Company Name Exit Date Exit Type Exit Size Status Buyers
Section 26-Apr-2021 00000 00000 00 0000 Completed
  • 6 buyers
RiskSense 09-Mar-2017 00000 00000 00 0000 Completed
  • 6 buyers
Learn Create Build Academy 10-Nov-2016 Grant 000 Completed
To view Lumen Technologies’s complete exits history, request access »

Lumen Technologies FAQs

  • When was Lumen Technologies founded?

    Lumen Technologies was founded in 1968.

  • Who is the CEO of Lumen Technologies?

    Kate Johnson is the CEO of Lumen Technologies.

  • Where is Lumen Technologies headquartered?

    Lumen Technologies is headquartered in Monroe, LA.

  • What is the size of Lumen Technologies?

    Lumen Technologies has 27,000 total employees.

  • What industry is Lumen Technologies in?

    Lumen Technologies’s primary industry is Telecommunications Service Providers.

  • Is Lumen Technologies a private or public company?

    Lumen Technologies is a Public company.

  • What is Lumen Technologies’s stock symbol?

    The ticker symbol for Lumen Technologies is LUMN.

  • What is the current stock price of Lumen Technologies?

    As of 21-Jun-2024 the stock price of Lumen Technologies is $1.07.

  • What is the current market cap of Lumen Technologies?

    The current market capitalization of Lumen Technologies is $1.09B.

  • What is Lumen Technologies’s current revenue?

    The trailing twelve month revenue for Lumen Technologies is $14.1B.

  • Who are Lumen Technologies’s competitors?

    AT&T, Verizon Communications, Frontier Communications, WideOpenWest, and CommScope are some of the 63 competitors of Lumen Technologies.

  • What is Lumen Technologies’s annual earnings per share (EPS)?

    Lumen Technologies’s EPS for 12 months was -$10.93.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »