Ashkon Software

   







 

LMOS Stock - Lumos Networks Corp.


LMOS Stock Chart

LMOS Profile

Lumos Networks Corp. logo

Lumos Networks Corp. (LMOS) is a telecommunications company based in the United States. It offers data, voice, and IP services to residential, business, and carrier customers. Lumos Networks operates a fiber network in the Mid-Atlantic and Southeastern United States, covering more than 9,000 fiber route miles.

LMOS offers a range of services, including broadband, Ethernet, MPLS, private line, wavelength, and voice services. These services are targeted towards enterprises, carriers, and governments. Additionally, the company also offers residential services, such as high-speed internet, Wi-Fi, and voice.

Lumos Networks' fiber network covers major metropolitan areas in Virginia, West Virginia, North Carolina, Pennsylvania, Maryland, Ohio, and Kentucky. The company has been expanding its fiber network through organic growth and strategic acquisitions. In 2017, the company was acquired by EQT Infrastructure, a leading infrastructure investment firm, which has helped Lumos Networks accelerate its fiber network expansion plans.

Lumos Networks has a strong presence in the education, healthcare, and government sectors, providing connectivity solutions to schools, hospitals, and government agencies. The company has also been working on expanding its fiber network to support the growing demand for high-bandwidth applications, such as cloud computing, big data analytics, and the Internet of Things (IoT).

In terms of financial performance, Lumos Networks has reported steady revenue growth over the past few years. The company generated $214 million in revenue in 2020, up from $206 million in 2019. However, the company has been facing challenges in terms of profitability, reporting net losses in each of the past three years. The company has been taking steps to improve its profitability, including cost-cutting measures and a focus on higher-margin services.

Overall, Lumos Networks is a telecommunications company that offers a range of connectivity solutions to residential, business, and carrier customers. With a strong fiber network and a focus on high-bandwidth applications, the company is well-positioned to capitalize on the growing demand for connectivity and digital tran



 

 
Copyright © 2000-2024, Ashkon Software LLC
Privacy Policy | Refund Policy | Disclaimer