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Stock impact report

Lumen (LUMN) Wins Deal From the US GAO to Boost Connectivity [Yahoo! Finance]

Lumen Technologies, Inc. (LUMN) 
Company Research Source: Yahoo! Finance
The company delivers managed and virtual private network services, along with ethernet transport, Internet protocol, videoconferencing, and voice and toll-free solutions to the U.S. GAO. Lumen will be aiding the U.S. GAO in its efforts to transform into a contractor-owned and contractor-operated network model. This will help boost the government body's operational efficiency as well as reduce capital expenditures and enhance service delivery. LUMN highlighted that this task order has a base performance period of one year. The contract, awarded under the General Services Administration's Enterprise Infrastructure Solutions (EIS) program, has eight additional one-year options. Lumen Technologies, Inc. Price and Consensus Lumen Technologies, Inc. price-consensus-chart | Lumen Technologies, Inc. Quote Lumen's earlier contract wins under the EIS program include a $1.2 billion deal with the U.S. Department of Agriculture (“USDA”) in 2022. Under the terms of the deal, LUMN was to Show less Read more
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