Lumen (LUMN) to Transform Network Inventory With Blue Planet

Core Viewpoint - Lumen Technologies, Inc. has partnered with Blue Planet, a division of Ciena, to implement intelligent automation software aimed at transforming its network inventory, enhancing operational efficiency and supporting new service offerings [1][2]. Group 1: Network Inventory Transformation - The deployment of Blue Planet Inventory (BPI) will provide Lumen with a modernized network inventory solution, replacing multiple legacy systems that require costly customization [2]. - By digitizing its network assets, Lumen can create a digital twin of its network, which will facilitate test simulations for planning, issue detection, and automation use cases [3]. Group 2: Financial Performance - Lumen's second-quarter revenues were reported at $3.268 billion, reflecting a 10.7% decline year-over-year, attributed to divestitures and the sale of its CDN business [4]. - Despite the revenue decline, Lumen has secured $5 billion in new business driven by AI demand and is in negotiations for an additional $7 billion in sales [5]. Group 3: Strategic Partnerships and Growth - Lumen signed its largest cable purchase agreement with Corning, securing 10% of Corning's global fiber capacity for the next two years, which supports its expansion efforts [6]. - The company's stock has increased by 303.3% over the past year, significantly outperforming the sub-industry's growth of 48.8% [6].