Lumen Denver 1 (1850 North Pearl) Data Center News

CoreSite seeks tax rebate for Denver data center

American Towner-owned company CoreSite is planning to “rehabilitate and activate” an abandoned industrial site in Denver as part of a proposed tax agreement. The data center campus will span 600,000 square feet and create up to 75 new trades and technology-oriented jobs, according to a present...

September 01, 2024

Abdul-Rahman Oladimeji

Denver

Upstack acquires consulting firm Performance Networks in Denver

Data center directory firm Upstack has acquired Performance Networks, a telecommunications consulting company based in Denver which specializes in sourcing and managing complex telecom networks primarily for large enterprises.“Performance Networks’ commitment to customer experience and client...

July 15, 2024

Abdul-Rahman Oladimeji

Denver

Lumen secures new contract from GAO

Lumen Technologies has secured a contract worth about $73.6 million from the US Government Accountability Office (GAO) under the General Services Administration's Enterprise Infrastructure Solutions (EIS) program. This multi-million dollar contract will see Lumen modernize network, data, voice...

April 15, 2024

Abdul-Rahman Oladimeji

Lumen Technologies

US Defense Information Systems Agency awards $110 million contract to Lumen

The US Defense Information Systems Agency has awarded Lumen Technologies a $110 million contract to provide mission-critical network services to the US Department of Defense (DoD). This contract has a timeline of five years, from November 30, 2023, through September 30, 2028. This contract is...

November 10, 2023

Abdul-Rahman Oladimeji

Lumen Technologies

Lumen sells CND customers to Akamai as it shuts down the business

Lumen announced that it’s Content Delivery Network (CDN) business will be shut down and it has sold its customer contracts to Akamai. Both companies will undergo a transition services agreement for 90 days before Lumen completes its shut down. "We are deep into our transformation of Lumen and ...

October 16, 2023

Abdul-Rahman Oladimeji

Lumen Technologies

Lumen, a US telco, loses $8.74bn due to non-cash impairment

In the second quarter, Lumen Technologies reported a loss of $8.74 billion, a significant decrease from the $344 million profit in the same quarter last year. The company, formerly CenturyLink Enterprise, has lost more than 66 percent of its value this year, reducing its market capitalization ...

August 03, 2023

Abdul-Rahman Oladimeji

Lumen Technologies

Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal...

November 07, 2022

Abdul-Rahman Oladimeji

Lumen Technologies

USDA awards Lumen with a $1.2 billion network services contract

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...

January 21, 2022

Abdul-Rahman Oladimeji

Lumen Technologies

Lumen pays $275,000 to DoJ for contacting former customers it divested

Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed...

September 07, 2021

Abdul-Rahman Oladimeji

Lumen Technologies

Lumen divests CenturyLink ILEC assets

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...

August 06, 2021

Abdul-Rahman Oladimeji

Lumen Technologies

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team...

July 28, 2021

Abdul-Rahman Oladimeji

Lumen Technologies

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