Lumen Technologies, Inc. is a global technology company that provides a broad range of communication and data services
It specializes in offering high-speed internet, cloud solutions, and managed services to businesses and consumers, focusing on enhancing connectivity and digital experiences. The company leverages its extensive network infrastructure to deliver reliable and secure communication solutions, catering to a variety of sectors including education, healthcare, and government. Lumen also emphasizes innovation in areas such as edge computing and Internet of Things (IoT) applications, aiming to support organizations in their digital transformation efforts.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the wireless, cable and satellite industry, including Verizon (NYSEVZ) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Lumen Technologies (NYSELUMN) and the rest of the wireless, cable and satellite stocks fared in Q3.
AT&T and Verizon announced their networks are secure after China-linked cyberespionage attack. Both stocks are down. U.S. officials concerned about China's hacking program.
The FBI and CISA are urging Americans to adopt encrypted messaging apps following a major China-backed cyberattack on U.S. telecom giants, highlighting encryption as a critical defense against espionage targeting sensitive communications.
Top executives from the U.S. telecom industry and national security officials gathered at the White House to address concerns over a Chinese cyber-espionage campaign targeting high-ranking U.S. political figures.
