BUZZ-Lumen rises after announcing partnership with Amazon Web Services

Reuters

2024-10-30

** Shares of telecommunications firm Lumen Technologies

rise 2.6% to $6.77 in premarket trading

** LUMN and Amazon Web Services (AWS) announced deal to strengthen data center connectivity and optimize network delivery of cloud technologies

** LUMN will use AWS technologies, including AI, machine learning $(ML)$, and security, to modernize its applications and systems

** Lumen will provide fiber connectivity to AWS data centers, helping enterprise customers build and deliver highly scalable AI applications across AWS regions and AWS local zones

** Up to last close, stock had more than tripled YTD

(Reporting by Harshita Mary Varghese in Bengaluru)

((HarshitaMary.Varghese@thomsonreuters.com))

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