Lumen Technologies (MIL:1CYTH) Construction In Progress : €0 Mil (As of Mar. 2025)

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What is Lumen Technologies Construction In Progress?

Lumen Technologies's quarterly construction in progress increased from Sep. 2024 (€0 Mil) to Dec. 2024 (€2,048 Mil) but then declined from Dec. 2024 (€2,048 Mil) to Mar. 2025 (€0 Mil).

Lumen Technologies's annual construction in progress increased from Dec. 2022 (€1,897 Mil) to Dec. 2023 (€2,529 Mil) but then declined from Dec. 2023 (€2,529 Mil) to Dec. 2024 (€2,048 Mil).

Lumen Technologies Construction In Progress Historical Data

The historical data trend for Lumen Technologies's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lumen Technologies Construction In Progress Chart

Lumen Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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1,324.24

1,304.49

1,897.44

2,529.09

2,047.52

Lumen Technologies Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															-	-	-	2,047.52	-

Lumen Technologies Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Lumen Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Lumen Technologies Inc (MIL:1CYTH) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

LUMN:USA LUMN:Mexico CYTH:Germany L1MN34:Brazil

Address

100 CenturyLink Drive, Monroe, LA, USA, 71203

Website

https://www.lumen.com

With 450,000 route miles of fiber, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 have shifted the company's operations away from its legacy consumer business and toward enterprises (now about 75% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen has announced the sale of its consumer fiber network, but will maintain and harvest its legacy consumer copper network.

Lumen Technologies Headlines

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