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Lumen's (LUMN) ExaSwitch to Transform Network Interconnection
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Lumen Technologies (LUMN - Free Report) has collaborated with Google and Microsoft (MSFT - Free Report) to introduce a network interconnection ecosystem – ExaSwitch. This platform enables organizations with high bandwidth requirements to efficiently route their traffic between networks without the need for third-party intervention.
The ExaSwitch project was initiated by several key participants to facilitate traffic routing between major Internet and cloud networks. The initial adopters include Lumen, Google Cloud, Microsoft Azure, and another major cloud provider. The ExaSwitch ecosystem will expand as more members join, which makes it easier to automate, boost, and effectively manage network capacity between its members.
Each participant will select their fiber source for joining into ExaSwitch, and the ExaSwitch administrator will install optical hardware at that location. Two parties can easily connect via self-provisioning or by using an administrator-controlled application programming interface gateway. The administrator for the initial deployments is Lumen.
ExaSwitch includes a self-service portal that enables participants to configure and establish connectivity with other participants. Each site has an optical cross-connect capacity of up to 25.6 Tbps, and connections are put up in 400G increments and used on demand in 100G increments.
ExaSwitch has the potential to transform the interconnection ecosystem by improving connectivity, resiliency, and speed by creating a geographically distributed yet automated interconnection platform.
Currently, Lumen operates the ExaSwitch platform in three of the largest U.S. interconnection hubs, namely Chicago, Dallas and Virginia. The company also plans to expand to all major markets in North America with large Internet hubs.
This collaboration is in line with Lumen’s growth strategy, as announced during its Investor Day 2023. The company plans to secure its existing customer base by making proactive investments in enhancing the overall customer experience.
The company aims to achieve this by leveraging strategic partnerships to aid customers in modernizing their infrastructure and transitioning from traditional voice communication technologies to more advanced options such as Voice over Internet Protocol, Unified Communications and Collaboration, Virtual Private Networks and Voice Migration.
Lumen will invest in next-generation fiber networks and expand its footprint in the cybersecurity market. The company has also launched its ultra-fast broadband connectivity service, Quantum Fiber, which provides gig and multi-gig speed Internet across 18 cities.
Lumen currently carries a Zacks Rank #3 (Hold). Shares of the company have lost 82.7% against the sub-industry’s growth of 5.9% in the past year.
The Zacks Consensus Estimate for Dropbox’s 2023 earnings has increased 10.1% in the past 60 days to $1.85 per share. The long-term earnings growth rate is anticipated to be 12.3%.
Dropbox’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 10.4%. Shares of DBX have gained 16% in the past year.
The Zacks Consensus Estimate for Badger Meter’s 2023 earnings has increased 4.7% in the past 60 days to $2.69 per share.
Badger Meter’s earnings beat the Zacks Consensus Estimate in all the last four quarters, the average being 5.3%. Shares of BMI have surged 102.9% in the past year.
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Lumen's (LUMN) ExaSwitch to Transform Network Interconnection
Lumen Technologies (LUMN - Free Report) has collaborated with Google and Microsoft (MSFT - Free Report) to introduce a network interconnection ecosystem – ExaSwitch. This platform enables organizations with high bandwidth requirements to efficiently route their traffic between networks without the need for third-party intervention.
The ExaSwitch project was initiated by several key participants to facilitate traffic routing between major Internet and cloud networks. The initial adopters include Lumen, Google Cloud, Microsoft Azure, and another major cloud provider. The ExaSwitch ecosystem will expand as more members join, which makes it easier to automate, boost, and effectively manage network capacity between its members.
Each participant will select their fiber source for joining into ExaSwitch, and the ExaSwitch administrator will install optical hardware at that location. Two parties can easily connect via self-provisioning or by using an administrator-controlled application programming interface gateway. The administrator for the initial deployments is Lumen.
Lumen Technologies, Inc. Price and Consensus
Lumen Technologies, Inc. price-consensus-chart | Lumen Technologies, Inc. Quote
ExaSwitch includes a self-service portal that enables participants to configure and establish connectivity with other participants. Each site has an optical cross-connect capacity of up to 25.6 Tbps, and connections are put up in 400G increments and used on demand in 100G increments.
ExaSwitch has the potential to transform the interconnection ecosystem by improving connectivity, resiliency, and speed by creating a geographically distributed yet automated interconnection platform.
Currently, Lumen operates the ExaSwitch platform in three of the largest U.S. interconnection hubs, namely Chicago, Dallas and Virginia. The company also plans to expand to all major markets in North America with large Internet hubs.
This collaboration is in line with Lumen’s growth strategy, as announced during its Investor Day 2023. The company plans to secure its existing customer base by making proactive investments in enhancing the overall customer experience.
The company aims to achieve this by leveraging strategic partnerships to aid customers in modernizing their infrastructure and transitioning from traditional voice communication technologies to more advanced options such as Voice over Internet Protocol, Unified Communications and Collaboration, Virtual Private Networks and Voice Migration.
Lumen will invest in next-generation fiber networks and expand its footprint in the cybersecurity market. The company has also launched its ultra-fast broadband connectivity service, Quantum Fiber, which provides gig and multi-gig speed Internet across 18 cities.
Lumen currently carries a Zacks Rank #3 (Hold). Shares of the company have lost 82.7% against the sub-industry’s growth of 5.9% in the past year.
Image Source: Zacks Investment Research
Stocks to Consider
Some better-ranked stocks in the broader technology space are Dropbox (DBX - Free Report) and Badger Meter (BMI - Free Report) . Each of these companies presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Dropbox’s 2023 earnings has increased 10.1% in the past 60 days to $1.85 per share. The long-term earnings growth rate is anticipated to be 12.3%.
Dropbox’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 10.4%. Shares of DBX have gained 16% in the past year.
The Zacks Consensus Estimate for Badger Meter’s 2023 earnings has increased 4.7% in the past 60 days to $2.69 per share.
Badger Meter’s earnings beat the Zacks Consensus Estimate in all the last four quarters, the average being 5.3%. Shares of BMI have surged 102.9% in the past year.