
Lumen Technologies, Inc. (NYSE:LUMN) shares are trading higher Monday after the company announced it is moving forward a multi-billion dollar build, with plans to add 34 million new intercity fiber miles by the end of 2028.
What To Know: Lumen said the expansion will bring its total intercity fiber network to 47 million miles. The company has already deployed more than 2.2 million new fiber miles this year and expects to reach 16.6 million by year end.