Lumen Technologies, Inc. (LUMN) Presents at Goldman Sachs Communacopia + Technology Conference 2026 Transcript

SA Transcripts 162.16K Followers Follow Lumen Technologies, Inc. ( LUMN ) Goldman Sachs Communacopia + Technology Conference 2026 September 10, 2026 7:25 PM EDT Company Participants Christopher Stansbury - President & CFO Conference Call Participants Michael Ng - Goldman Sachs Group, Inc., Research Division Presentation Michael Ng Goldman Sachs Group, Inc., Research Division Good afternoon, everybody. Welcome to the Lumen fireside chat at the Goldman Sachs Communacopia and Technology Conference. My name is Mike Ng, and I cover Lumen and media cable telecom here at Goldman. And I have the privilege of introducing Chris Stansbury, who is the President and CFO at Lumen. First and foremost, thank you so much for being here this afternoon. Christopher Stansbury President & CFO It's great to be here. Question-and-Answer Session Michael Ng Goldman Sachs Group, Inc., Research Division So Chris, you've had a very busy year with the sale of fiber-to-the-home assets to AT&T, the Alkira acquisition. Now that those deals have closed and you've hit your leverage target, maybe you can talk a little bit about what execution looks like from here and what the strategic priorities are for the company? Christopher Stansbury President & CFO Yes. The future for us is very clear, and that is a complete digitizing of the networking experience. And when you think about our portfolio today, we've already got a significant growth company inside of Lumen. That's over half of our revenue. Last quarter, it grew 14%. We separately have a legacy stream of revenue, and that's sole purpose is to generate cash while we pivot this transformation. And that's something that we'll continue to do on that side. But as we go forward, Alkira, combined with what Lumen's footprint is today and our ability to provide direct cloud access, when you combine that direct cloud access and our NaaS capabilities to get you from premise to the cloud, we now have what we would refer to as