Do you think there will be CenturyLink layoffs? Any chatter, news or rumors?
Something smells fishy
https://finance.yahoo.com/news/lumen-lumn-reportedly-needs-time-123100690.html Between Aug 2022 & Nov 2023, Lumen sold 12 billion dollars worth of assets (Stonepeak, 20 State ILEC, & Colt). So.... why is there still close to 20 billion in debt... — read more
Alertmedia
Lumen is all ready for an emergency. Are you? 100 on ESG score doesn't come for free
New Product Guy?
Chris mentioned in passing that there is a new product leader at the investor event this week. About time... Lets see who drank the Kool-Aid. Anyone know?
Who Owns Lumen Stock?
Blackrock, Vanguard and State Street are the three largest holders of Lumen stock. They hold around 310 million shares combined. Source: https://fintel.io/s-b/us/lumn
Will T-mobile buy Lumen
I was speaking with several friends, who work for a few investment firms, and they were certain T-Mobile will buy Lumen. With the most recent layoffs Kate and SLT could be setting up the company to sell. A lot of effort is being placed on... — read more
Dare To Leave the company's challenge to customers
https://ksltv.com/605019/bountiful-woman-left-without-phone-service-or-answers-days-after-her-husband-dies/?fbclid=IwAR0DxH-Xq2ph9vLk6f014kP_AXWY_kT4VMibF1CCE_tpn9J5oRdUr3OupuA Maybe the new multimillion dollar SFS dispatch system misplaced the... — read more
Down again!
https://www.investorsobserver.com/news/stock-update/is-lumen-technologies-inc-lumn-stock-about-to-get-hot-friday Closed at $1.26 down 2.33%
Are there any good things about Lumen to be thankful?
Looking for reasons to stay vs daring to leave
More layoffs
Are we done with layoffs for this year?
How long can this go on?
How long can Lumen continue to lose market share and revenue before it's forced to declare bankruptcy? I don't have any idea myself but I'm guessing by this time next year Lumen will be in receivership with a Bankruptcy Court.
Lumen Outage
Hope no one was seriously affected by their negligence. https://www.peninsuladailynews.com/news/internet-wireless-outages-continue/
How is Brightspeed doing so far?
I was wondering how Brightspeed was doing after its first year post Lumen. Anyone heard anything?
WARN Notices about Layoffs
Why do I not see WARN notices from our company? checked 3-4 state portals adn nothing I see notices from every other company that's laying people off. I assumed it was a requirement.
Who will end up with QF?
CFO said Lumen/Quantum Fiber will participate when the time is right for consolidation. In other words, we're selling it. https://www.fiercetelecom.com/broadband/should-lumen-sell-its-quantum-fiber-biz-analysts-weigh
Lumen's Bed of Roses
Lots of great uplifting posts on here since the earnings call. It looks like our great contributors from InsideLumen are posting in here vs there. Thank you for bringing the positivity & trying to quell all the negativity here. We shall overcome
Turn a lemon into lemonade- for herself!
With a bold move, KJ turned the
A Director, James Fowler, Taking Stock In Our Lumen Shares ($1.3988 pps)
https://www.sec.gov/Archives/edgar/data/18926/000001892623000106/xslF345X05/wk-form4_1699395592.xml
Bond Market Interest Rates are Being Priced Down Aggressively.....
on the expectation that this Creature from Jekyll Island, the FED, which isn't Federal and there are no longer any "Reserves" for the People to count on, is going to have reverse their unprecedented course of raising to lowering. This gives the CFO... — read more
VSPP'S interest seems low & offered to the wrong or not enough groups
How is it being received around the company? In Denver there might be a handful at best across the titles offered.
"The Shorts" & These Sell Side IB's like Morgan Stanley Should NOT BE ALLOWED
to escape the VISE GRIP they are going to be squeezed in by the time Lumen gets to $100B Market Cap($100 pps) where it BELONGS, today, compared to legacy Telecoms T, VZ, and even wireless carrier, The German One, TMobile(tmus). The iniquity behind... — read more
Lumen Wins $110MM Ceiling Price Defense Contract(5 Years)
Thank you fellow Lumenites. These TYPES of WINS must continue at all levels of our U.S. Govt. and Military Complexes persistently, consistently, frequently and without fail when thinking about the EIS having replaced Networx contract alone. There... — read more
For Decades At Least Level 3 Shareholders Were Hearing.....
How somebody was going to take a HUGE SHARE of a MULTI HUNDRED BILLION DOLLAR Broadband World that had converted from Telecom with its Orginal CEO, James Q. Crowe, once saying, "It Might As Well Be Us." US is NOT the United States of America and... — read more
CEO Buys $970K worth of Stock
President, Kathleen Johnson, recently bought a whopping US$970k worth of stock, at a price of US$0.97. Why? https://finance.yahoo.com/news/president-lumen-technologies-picks-24-120543333.html
It's Hard To Believe Mr. Buffett Hasn't Swooped Down to Steal These Valuable Assets Running Next to His Railroad ROW's Yet
On Saturday, Berkshire said fiscal third-quarter operating earnings rose to $10.8 billion, up from $7.7 billion for the year-ago quarter, according to the Wall Street Journal. The Omaha, Neb.-based conglomerate finished the period with a record... — read more
Why's everybody picking on 65poor ole Lumen?
The word is out they su-k and leadership is incompetent. No media outlet publishes any thing positive about them. Really makes me wonder why so many people are su-ked into drinking the Lumen kool-aid that's being served out. I know that a few of you... — read more
Here's a good read
Lumen Technologies: Don't Look Back Nov. 03, 2023 1:53 PM ETLumen Technologies, Inc. (LUMN) Stone Fox Capital Investing Group Leader Summary • Lumen Technologies is facing constant restructuring and slashing of financial targets, leading to a... — read more
Our CEO purchased 1 Million Shares of The Company With Her Own Money
I wish The Company would have purchased 500MM shares for less than $500MM also, and reduced total shares in HALF creating untold value for all of us looking ahead, but this is a great start since the one thing investing has taught me over the decades... — read more
Lumen Debt Restructuring Draws Ire From Left-Behind Creditors
https://www.bnnbloomberg.ca/lumen-debt-restructuring-draws-ire-from-left-behind-creditors-1.1993304 (Bloomberg) -- A proposed deal to restructure one of the largest piles of US distressed debt is drawing ire from creditors who have been left out of... — read more
I think we're safe for a while
I honestly don't think there'll be more cuts soon. It takes some time after a major round for things to calm down and for people to settle into the new normal. More disruptions before then would only be to the detriment of the company. I might be... — read more
Anyone can be a CEO
Lumen is living proof that you don't need to have common sense or intelligence to be in a member of the SLT.
Vspp's? Who's been offered & what's been offered?
Maxine sent an email saying it was starting soon. 12/8 is the exit date, but the few minor unknowns are who, where, & what's offered
Great Lumen Cultural Revolution
I did not get the impression that SLT actually read Christensen's 1997 best seller "Innovator's Dilemma " where the term "disruptive technology" was coined. If they had, they might have spelled out how they would make Lumen "cheaper, simpler... — read more
Happy stock buy back 1 year anniversary day
What a genius move with no accountability.
The sales force is the problem
As a former long-term employee going back to the Level 3 days, the problem with Lumen started when Level 3 acquired TWT, and was accelerated when CTL bought Level 3. The problem is a sales force that is comprised almost entirely of telco dinosaurs... — read more
Mood
What has the general mood and attitude around your departments been like today?
NYSE De-Listing
If this car wreck is under $1 for 30 consecutive days (which it will be) it will be de-listed at which point the woke mo--ns and lunatics trying to run this company will be forced by the Bondholders to put it into Chapter 11. It may happen sooner... — read more