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Lumen (LUMN), Corning Ink Fiber-Optic Cable Supply Agreement
LUMNLumen(LUMN) ZACKS·2024-08-02 16:10

Lumen Technologies, Inc. (LUMN) has announced its largest cable purchase deal with Corning Incorporated, aiming to more than double its intercity network miles to advance AI capabilities for cloud data centers, enterprises and public agencies. This agreement secures 10% of Corning's global fiber capacity for Lumen over the next two years. Lumen, one of North America's largest ultra-low-loss intercity fiber networks, covers diverse routes to more than 50 major cities nationwide. The swift proliferation of ge ...