Please update your browser.

Our site no longer supports this browser. Using another one will help provide a better experience.

Menu

News Releases

Lumen announces sale of select CDN customer contracts to Akamai
October 10, 2023
Categories:

Monetization of non-core product lines, such as CDN contracts, allows Lumen to focus on strategic priorities

DENVER, Oct. 10, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced the company has completed the sale of select Content Delivery Network (CDN) service contracts, to Akamai Technologies, Inc.

"We are deep into our transformation of Lumen and much of our core work involves simplification of our business," said Bob McCarthy, Lumen Senior Vice President, Business Development. "The sale of select Lumen CDN service contracts enables us to apply even more focus on disrupting the telecommunications industry by cloudifying our network, enhancing our Quantum Fiber offering and bringing amazing new solutions to market."

Lumen and Akamai will operate under a transition services agreement for 90 days, after which time Lumen plans to wind down its content delivery services. However, customers can immediately begin working with Akamai for all their CDN needs.

About Lumen Technologies:
Lumen connects the world. We are dedicated to furthering human progress through technology by connecting people, data, and applications – quickly, securely, and effortlessly. Everything we do at Lumen takes advantage of our network strength. From metro connectivity to long-haul data transport to our edge cloud, security, and managed service capabilities, we meet our customers' needs today and as they build for tomorrow. For news and insights visit news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies, and YouTube: /lumentechnologies.

SOURCE Lumen Technologies

For further information: Media Contact: Mark Molzen, Lumen Public Relations, mark.molzen@lumen.com
Latest News
July 9, 2024

Lumen Technologies (NYSE: LUMN), a global integrated network solutions provider that unleashes the world's digital potential, will release its second quarter 2024 results on August 6, 2024. The...

June 5, 2024

Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, today announced that Kate Johnson, Lumen's president and...

May 23, 2024

Lumen Technologies (NYSE: LUMN) ("Lumen"), a global integrated network solutions provider that unleashes the world's digital potential, today announced that Chris Stansbury, Lumen's executive vice...

More news