Lumen Technologies to acquire Alkira for $475 million

The all-cash deal pairs Alkira's cloud-native software with Lumen's fiber network to target a $70 billion addressable market ...
Hosted on MSN

Lumen to buy Alkira, raises 2026 cash flow outlook

Lumen Technologies plans to acquire cloud networking firm Alkira for $475 million in cash, with the deal expected to close in Q3 2026. The announcement came alongside Q1 results that met expectations ...

Lumen beats quarterly revenue estimates, to acquire Alkira for $475 million

Digital networking services company Lumen Technologies beat Wall Street estimates for first-quarter revenue on Tuesday and announced it would buy ​networking platform Alkira for $475 million in cash.
SDxCentral

Lumen splashes $475M on Alkira to become the one network to rule them all

Lumen Technologies capped off a quarter where revenues languished with news it plans to acquire Alkira to push into east-west connectivity. The firm’s first fiscal quarter (Q1) of 2026 results saw ...
Nasdaq

Lumen Stock Rises on Better-Than-Expected Q4 Earnings

Lumen Technologies, Inc. LUMN reported fourth quarter of 2024 adjusted earnings (excluding special items) of 9 cents per share, which significantly outpaced the Zacks Consensus Estimate of a loss of 8 ...
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Lumen targets $1.1B in incremental revenue by 2028 through digital and PCF growth as AI demand accelerates

Stansbury reiterated, "we expect fourth quarter revenue to be negatively impacted by additional declines in public sector Harvest revenue as that revenue returns to more normalized levels, similar to ...
The Motley Fool

Will Lumen Technologies' Asset Sale Spark a Recovery in Its Stock?

Lumen will sell its mass markets fiber business to AT&T for $5.75 billion. The telecom will likely use the proceeds to reduce debt and invest in its network. The question for investors is whether that ...