ExaSwithc is created in collaboration with Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc's (NASDAQ:GOOGL) Google.

This platform is build to aid service providers, content providers, and enterprises in routing network traffic between data centers dynamically. 

The platform has already been adopted by Lumen, Google Cloud, Microsoft Azure, and another large cloud provider. 

The company is presently operating the ExaSwitch platform across Chicago, Dallas, and Virginia and plans to extend to all major markets in North America with large internet hubs.

"Large network backbones no longer need a physical location to connect. Instead, optical switching will be used to establish high-capacity optical links between metro sites. And it's so much more than just internet peering; it's an on-demand network connection for quickly deploying needed capacity across all types of data traffic exchanges," said Andrew Dugan, Chief Technology Officer. 

Price Action: LUMN shares are trading higher by 1.66% at $1.83 on the last check Monday.