Showing posts with label Lumen. Show all posts
Showing posts with label Lumen. Show all posts

Monday, October 25, 2021

Lumen expands UC sales with Cisco

Lumen Technologies and Cisco expanded their partnership to include a new offering: Lumen Solutions for Cisco Unified Communications Manager Cloud (UCMC). This new product pairs Cisco's most advanced, cloud-based collaboration services with Lumen's fiber network. The product especially targets businesses that have already invested in Cisco Webex, or those that are considering it.


"Because of the pandemic, enterprises all around the world have realized that the future of work includes remote and hybrid environments, so they are investing heavily in cloud solutions that integrate calling, conferencing, file sharing, and software applications," said Scott Velting, Lumen vice president of product management, voice and collaboration solutions. "Our expanded partnership with Cisco will enable current and future users of Cisco Webex to deploy flexible, agile, and efficient collaboration technologies without large capital investments, ongoing maintenance, or high IT expenses for staffing and training."

https://news.lumen.com/

Thursday, August 19, 2021

Lumen launches Edge Private Cloud

Lumen Technologies introduced a fully-managed Lumen Edge Private Cloud service that provides pre-built infrastructure for high-performance private computing connected to a global fiber network. 

Lumen Edge Private Cloud is a completely managed Infrastructure-as-a-Service that brings together a private cloud platform with the Lumen global fiber network, edge facilities, security, and managed services to help bridge clouds, IT infrastructure, and storage that allow applications to run at peak performance.  

"Lumen has decades of experience helping our customers implement private cloud solutions for critical workloads, and now we are extending our private cloud capabilities onto our low latency edge platform," said Chris McReynolds, vice president of cloud edge product management for Lumen. "We can help our customers enhance experiences, enhance application performance, and improve security and control — with speed and at scale by empowering them to deploy workloads closer to digital interactions on pre-built hardware and managed infrastructure. With Lumen Edge Private Cloud our customers can have a customized private cloud environment running within days, with Lumen assisting with design, implementation, managed services, and security consulting."

https://www.lumen.com/edge



Wednesday, August 4, 2021

Lumen to sell ILEC operations in 20 states for $7.5 billion

Lumen Technologies (formerly CenturyLink) agreed to sell its ILEC (incumbent local exchange carrier) business, including its consumer, small business, wholesale and mostly copper-served enterprise customers and assets, in 20 states to funds managed by affiliates of Apollo Global Management for $7.5 billion, including debt assumption of approximately $1.4 billion. 


Lumen will retain its ILEC assets in 16 states, as well as its national fiber routes and CLEC (competitive local exchange carrier) networks.

Assets in the 20 states being acquired include:

  • Local fiber and copper network
  • Broadband and voice for consumer, enterprise and wholesale customers
  • Fiber and copper connectivity to enabled buildings
  • Connectivity to tower sites
  • Central offices

"This transaction is an important step in our continued efforts to transform Lumen and drive future growth for our company," said Jeff Storey, Lumen president and CEO. "We are pleased with the attractive valuation we received for these assets, which highlights the overall value of Lumen's extensive asset portfolio. Apollo Funds will receive a great business with a strong customer base, dedicated employees, and a platform for future growth."

"The team at Lumen has built a great business and we see an incredible opportunity to provide leading edge, fiber-to-the-home broadband technology to millions of its business and residential customers," said Aaron Sobel, Private Equity Partner at Apollo. "Our investment will help accelerate the upgrade to fiber optic technologies, and we are excited to have such a high-caliber management team ready to bring faster and more reliable internet service to many rural markets traditionally underserved by broadband providers."

https://news.lumen.com/

CenturyLink is now Lumen

CenturyLink changed its name to Lumen Technologies.The company's mission statement is "to help lead enterprises through the challenges and opportunities of the 4th Industrial Revolution – a time when smart, connective devices are everywhere.""Our people are dedicated to furthering human progress through technology. Lumen is all about enabling the amazing potential of our customers, by utilizing our technology platform, our people, and our relationships...




  • On July 25, 2021, Lumen reached a definitive agreement to sell its Latin American business to Stonepeak for $2.7 billion
  • In 2017, CenturyLink acquired Level 3 Communications in a deal valued at over  $34 billion.  Previously, CenturyLink has acquired Qwest Communications, Savvis and Embarq (formerly Sprint's Local Telecommunications Division).
  • In 2014, Level 3 acquired tw telecom in a $5.7 billion deal that combined its global fiber network and international data centers with tw telecom's extensive metro footprint in major U.S. Time Warner Communications was founded in 1993 as a joint venture between US West and Time Warner Communications. The company completed an IPO in 1999. It acquired Xspedius in 2006. 
  • Level 3's prior acquisitions include WilTel (2005), Progress Telecom (2006), ICG(2006), Telcove (2006), Looking Glass Networks (2006), Broadwing (2007), SAVVIS' content delivery network (2007), Servecast (2007), and Global Crossing (2011).

Lumen's Q2 sales dip to $4.9 billion

 Lumen Technologies reported total Q2 revenue $4.924 billion, compared to $5.192 billion for the second quarter 2020. Reported net income was $506 million for the second quarter 2021, compared to $377 million for the second quarter 2020.

"Lumen delivered solid Adjusted EBITDA and Free Cash Flow in the second quarter, and we are executing on our strategy to optimize the Lumen asset portfolio, positioning the company for future growth," said Jeff Storey, president and CEO of Lumen. "We are well positioned strategically with our significant and accelerating fiber investments across both Business and Mass Markets."



Monday, July 26, 2021

Lumen to sell Latin American business for $2.7 billion

Lumen Technologies agreed to sell its Latin American business to Stonepeak, a leading alternative investment firm, for $2.7 billion.

Lumen said the sale enables greater flexibility on capital allocation, allowing for debt reduction and the continued evaluation of share repurchases.

"This transaction unlocks value for our shareholders while allowing us to maintain our global presence through our strategic relationship with the New LATAM Company," said Lumen President and CEO Jeff Storey. "This transaction allows Lumen to focus investments in key areas of the business to drive future growth while providing flexibility for our capital allocation strategy."


"Lumen's Latin American business is a market leader with a strong footprint and exciting potential for expansion," said Brian McMullen, Stonepeak Senior Managing Director. "Stonepeak has been an early and active investor in digital infrastructure globally and we are looking forward to applying our experience and additional capital to Lumen's Latin American business."

AT&T offloads Vrio Operations to Grupo Werthein

 AT&T will sell its Vrio Corp. business unit to Grupo Werthein, a private holding company active in telecommunications, finance, insurance, agribusiness and real estate in Latin America.Vrio is a digital entertainment services company with 10.3 million subscribers across 11 countries in Latin America and the Caribbean. Vrio provides live and on-demand video services via DIRECTV Latin America, SKY Brasil and DIRECTV GO. Vrio’s entertainment...

Thursday, July 8, 2021

Lumen enters edge partnership with Microsoft Azure

 Lumen Technologies announced a strategic relationship with Microsoft Azure focused on the next generation of enterprise application delivery at the network edge. 

The companies cited several go-to-market efforts to support mutual customers worldwide:

  • A certified Azure deployment which will be able to run in Lumen Edge Computing nodes worldwide, unlocking more low latency and high bandwidth use cases for customers of Azure service platform.
  • Communication sector solutions based around Private 5G networks that would leverage the cloud-native software capabilities of Microsoft and the Lumen fiber network and Edge Computing capabilities. These solutions would allow customers to optimize their wireless networks and push workloads even closer to digital interactions.
  • Enterprise sector managed solutions for a wide range of Microsoft software and cloud services to help optimize performance of business workloads and support a customer's entire workforce, wherever they may reside.

"By making Microsoft Azure technology available on the Lumen platform we are giving enterprises access to an environment where they can get the low-latency performance they need for critical applications, with the familiarity of Microsoft services and tools," said Yousef Khalidi, corporate vice president, Azure for Operators at Microsoft. "With this collaboration we are expanding the ways in which businesses can connect Azure to their enterprise networks and are excited about having Lumen as a collaboration partner to expand the number of use cases we can achieve at the edge of the network."


"Working with Microsoft, Lumen will offer businesses and developers capabilities at the edge that are unique in the industry," said Shaun Andrews, executive vice president and chief marketing officer for Lumen. "By deeply integrating more of our platform services with Microsoft Azure, we can help businesses quickly utilize their data for the insights they want and need, with the ability to support unique and customized use cases. We're excited about the innovations and amazing new digital experiences we can enable for our mutual customers by extending Azure to the edge of our global network."

Also under the alliance, Lumen has selected Azure as the preferred public cloud venue for workloads that serve its enterprise customers. Lumen will also leverage Azure, Microsoft Power Apps and Microsoft 365 E5 Security & Compliance for its internal digital transformation.   

Additionally, Microsoft has named Lumen as one of its preferred partners supporting Azure globally with Lumen networking, infrastructure, and managed services. 

https://www.lumen.com/en-us/solutions/edge-computing.html#edge-computing-map

  • The Lumen network is comprised of approximately 450,000 global route miles of fiber and more than 180,000 on-net buildings, seamlessly connected to global edge nodes, 350 Lumen data centers globally, and 2,200 third-party data centers in North America, Europe & Middle East, Latin America, and Asia Pacific.


Tuesday, April 6, 2021

T-Mobile and Lumen partner on 5G + Edge Computing

T-Mobile U.S. and Lumen Technologies agreed to expand their existing relationship to allow access to Lumen's Edge Computing platform over T-Mobile's 5G network, enabling enterprises to build, manage and scale applications across distributed environments. As part of this collaboration, T-Mobile will also become a preferred wireless connectivity partner for Lumen.

“By pairing America’s largest and fastest 5G network with Lumen’s enterprise solutions, we can break down industry barriers and deliver unparalleled network reach to enterprise and government organizations looking to optimize their applications across networks,” said Mike Katz, EVP of T-Mobile for Business. “With our leading 5G network, Lumen and T-Mobile have the opportunity to accelerate business innovation in an era where the network is more critical than ever.”


Wednesday, February 3, 2021

Lumen teams with VMware to drive innovation at the Edge

Lumen Technologies is working with VMware to fast-track the design, development, and delivery of edge computing and more secure, work-from-anywhere solutions. 

The teams will focus initial efforts on co-developing solutions for the Lumen portfolio of managed services in key areas including:


  • Edge Computing: Certifying the integration of the VMware Tanzu Basic edition with the Lumen Edge Bare Metal service and Lumen Dynamic Connections. This combination will enable businesses to create a more secure software supply chain to rapidly deploy new edge-native workloads, on-demand, closer to the point of digital interaction.
  • Work-from-anywhere: Adding VMware’s Secure Access Service Edge (SASE) platform – inclusive of VMware SD-WAN and VMware Workspace ONE – to the Lumen solutions set. Many organizations now manage distributed workforces, making legacy solutions – including hub-and-spoke-based VPNs – obsolete. This initiative will help customers more seamlessly adopt SASE architecture to achieve the reliability and performance of a traditional network, as well as deliver superior customer and employee experiences, in a Zero Trust model.
  • Security: Integrating VMware Carbon Black Cloud Endpoint and VMware Carbon Black Cloud Workload with intelligence data from Black Lotus Labs, the threat research arm of Lumen. Enterprises will be better positioned to defend against cyber-threats, right from the end point, using the combination of security analytics derived from one of the world’s most deeply peered networks and industry-leading endpoint protection and datacenter virtualization.

“Resilient edge computing solutions will drive the next wave of digital innovation for the enterprise and customers need the right capabilities to effectively create, deploy, and manage applications in this new environment,” said Jeff Storey, president and chief executive officer, Lumen Technologies. “This deliberate move to invest in and accelerate our efforts with VMware will allow us to quickly bring to market software-defined solutions that address the real issues our customers face as they move applications to the edge. That is powerful.”

  • In September 2020, CenturyLink changed its name to Lumen Technologies.

Tuesday, September 29, 2020

Lumen links with VMware

Lumen Technologies (formerly CenturyLink) and VMware announced an alliance covering edge compute, networking, and security. As part of the collaboration:

  • Lumen will deliver edge services using integrated VMware technologies. 
  • Lumen will integrate VMware SD-WAN, VMware Workspace ONE and VMware Carbon Black to deliver a “Work from Anywhere” solution on their global edge infrastructure to create thin-branch solutions for businesses of all sizes across a variety of industries.
  • Lumen will also be able to develop edge computing services for enterprises to develop new digital services using VMware Tanzu so applications can run consistently from the data center to the cloud to the edge, leveraging the Lumen network. The reach of Lumen’s distributed edge computing sites will also improve application performance with quicker access to multi-cloud environments.

“The combined capabilities of Lumen and VMware will empower organizations to take on the next phase of digital business,” said Rajiv Ramaswami, chief operating officer, products and cloud services, VMware. “We are helping customers take advantage of holistic solutions that support the people, processes, apps, and data that power business.”

Monday, September 14, 2020

CenturyLink is now Lumen

CenturyLink changed its name to Lumen Technologies.

The company's mission statement is "to help lead enterprises through the challenges and opportunities of the 4th Industrial Revolution – a time when smart, connective devices are everywhere."

"Our people are dedicated to furthering human progress through technology. Lumen is all about enabling the amazing potential of our customers, by utilizing our technology platform, our people, and our relationships with customers and partners," stated Lumen president and CEO Jeff Storey.

Effective with the opening of the trading day on Sept. 18, 2020, the company stock ticker will change from CTL to LUMN.

Lumen said its worldwide fiber network infrastructure and complementary capabilities deliver unique competitive advantages to customers in four key areas:

  • Adaptive Networking: Lumen provides hybrid network solutions built to quickly respond to customers' ever-changing data and application needs. 
  • Edge Cloud & IT Agility: Lumen enhances application experiences by delivering low-latency, high performance data access and by moving data and workloads closer to where customers need them.
  • Connected Security: Lumen offers global threat intelligence, network-based security controls and deep security expertise to help customers protect their data and applications against constantly evolving threats.
  • Communications & Collaboration: Lumen's communication and collaboration solutions make it easy for people to stay connected, productive and engaged wherever they are located.  

https://news.lumen.com/jeff-storey-introduces-lumen

  • 2008 - CenturyTel acquires Embarq, which was the former landline business of Sprint and served cities in 18 states. 
  •  2011 - CenturyLink acquires Qwest, which consisted over a nationwide long-haul fiber network along with the local access networks of the previous US West (a Baby Bell serving much of the western United States) 
  •  2011 -  CenturyLink acquires Savvis, a global provider of cloud infrastructure and hosted IT services. 
  •  2017 - CenturyLink acquires Level 3 Communications in a deal valued at around $25 billion.
  • 2017 - CenturyLink sells its data centers and colocation business to private investors, forming the new company called Cyxtera Technologies