Lumen Technologies Inc Ordinary Shares

LUMN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Lumen Earnings: Accelerating Legacy Declines and Weaker Margins Hit Our Valuation

Michael Hodel

Nov 5, 2026

Lumen announced $700 million of new fiber deals during the third quarter, its first new sales this year, taking the total deal value signed to date above $13.5 billion. Business services segment revenue declined 4.5%, the worst so far in 2026 on an accelerating drop in legacy services.

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Lumen Technologies Inc Ordinary Shares

Lumen Earnings: Accelerating Legacy Declines and Weaker Margins Hit Our Valuation

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