Lumen Technologies has announced securing USD 5 billion in new business due to increased demand for connectivity driven by AI advancements. The company is also in discussions for an additional USD 7 billion in sales opportunities. Large companies across various industry sectors are seeking to secure fiber capacity quickly, as this resource becomes increasingly valuable and potentially limited due to booming AI needs, Lumen said while announcing its new division.
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New Custom Networks Division
Reportedly, the new Custom Networks division is set up to manage Lumen's portfolio of Private Connectivity Fabric services and help meet the exploding demand from hyperscalers and other parties for fiber systems. The division will deliver tailored network services and equipment, including dark fiber, custom fiber routes, and secure connections for company data centers, to protect data and support AI-intensive workloads. Lumen may also operate and maintain the network as part of its services.
Tailored Network Services for AI Needs
"The AI economy is changing business operations, and companies are recognising they need powerful network infrastructure to manage the unprecedented data flows today and the demand in the future," said Lumen Technologies. "Our partners are turning to us because of our AI-ready infrastructure and expansive network. This is just the beginning of a significant opportunity for Lumen, one that will lead to one of the largest expansions of the internet ever."
Also Read: Lumen Launches Custom-Built Wi-Fi 7 Capable Device for Quantum Fiber Customers
Expanding Network Infrastructure
To meet this growing demand, Lumen will more than double its intercity network miles over the next five years and provide access to extensive dark fiber. The company has partnered with Corning for fiber-dense cables to support the increased data processing needs of AI, the official release said.
