By offering comprehensive telecommunications solutions for businesses across different industries, Lumen assists companies in enhancing their operational efficiency and remaining competitive in today’s digital landscape. These solutions include network connectivity services, cloud infrastructure services, security services, voice and collaboration tools, and managed services. The Business segment caters to enterprise clients by providing various solutions tailored to meet their specific needs. Lumen Technologies divides its operations into two segments: Business and Mass Markets. Operating under well-known brands such as Lumen and Quantum Fiber, the company serves customers not only in the United States but also internationally. Lumen Technologies, Inc., previously known as CenturyLink, is a facilities-based technology and communications company that offers an array of integrated products and services to both business and residential customers. The total value of their holdings in Lumen Technologies at the end of the quarter was estimated to be around $295,000. As a result of this sell-off, Pictet Asset Management SA now owns 111,238 shares of Lumen Technologies’ stock. According to their recent disclosure with the Securities and Exchange Commission (SEC), Pictet Asset Management SA sold 73.8% of its shares in the technology firm, amounting to 312,846 shares. Pictet Asset Management SA, a prominent asset management company, has significantly reduced its holdings in Lumen Technologies, Inc.
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