Lumen Technologies Inc Ordinary Shares
LUMN: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$4.00 | Wttfv | Nkgz |
Private Networking Deals With Microsoft and Others Can Help Turn Around Lumen’s Business
Business Strategy and Outlook
Within the last decade, Lumen has transformed its business to focus primarily on enterprises rather than consumers. The shift became even more pronounced in 2022, when Lumen sold its incumbent local exchange carrier, or ILEC, in 20 of the 36 states where it operated, ridding Lumen of nearly half its remaining consumer revenue.