Lumen (LUMN) Gains $5B in New Deals on Connectivity Demand

Lumen Technologies, Inc. (LUMN) announced it has secured $5 billion in new business due to significant AIfueled connectivity demand. Additionally, Lumen is actively negotiating with customers to secure another$7 billion in sales opportunities to meet growing customer needs. Following the announcement, shares of LUMN surged 46.7% in the pre-trading session on Aug 6. As AI needs surge, large companies across various industries are urgently seeking fiber capacity, which is becoming both highly valuable and po ...