Cellular News  Jul 6  Comment 
MONROE, La.andnbsp;Vernon Irvin, CenturyLink, Inc. (NYSE: CTL) senior vice president, was inducted into the Executive Leadership Council (ELC) during its 2017 summer general membership meeting in London, England . Comprised of more than 600...
Cellular News  Jun 22  Comment 
MONROE, La. CenturyLink, Inc. (NYSE: CTL) today is announcing the organizational structure and executive leaders who will report to Jeff Storey , recently named president and chief operating officer (COO) of CenturyLink upon the completion...
Motley Fool  Jun 22  Comment 
Keith Meister got his wish, and shareholders of both companies should be happy he did.
Cellular News  Jun 20  Comment 
MONROE, La. CenturyLink, Inc. (NYSE: CTL) today announced it has been honored as a winner of a VMware 2016 Global Partner Innovation Award in the Cloud Provider category. CenturyLink was recognized at VMware Partner Leadership Summit 2017, held...
Benzinga  Jun 14  Comment 
Although conceding the “extraordinarily high” charges of and lacking competition among prison call contractors, the U.S. Court of Appeals for the D.C. Circuit ruled 2-1 Tuesday that the Federal Communications Commission overstepped its bounds...
Cellular News  May 30  Comment 
MONROE, La.andnbsp;The states of Minnesota and Virginia recently approved the merger of CenturyLink, Inc. (NYSE: CTL) and Level 3 Communications, Inc. (NYSE: LVLT). Click here for more.
Cellular News  May 24  Comment 
MONROE, La.andnbsp;CenturyLink, Inc. (NYSE: CTL) today announced the results of a commissioned study on the digital transformation of global enterprises. Conducted by 451 Research, the Enterprise Digital Transformation Study provides insight...
Motley Fool  May 23  Comment 
The beaten-down telecom giant got a vote of confidence last week from activist investor Keith Meister. Here's his take.
Cellular News  May 20  Comment 
MONROE, La.andnbsp;CenturyLink, Inc. (NYSE: CTL) today announced that the lead arrangers for its new proposed senior secured credit facilities have allocated the loans to be made under its $6.0 billion term loan B facility (the "Term Loan B...
Motley Fool  May 18  Comment 
The pending acquisition of Level 3 is more important for the company.


CenturyTel, Inc. (CTL) is a Monroe, Louisiana-based operator of rural telephone services. The firm is one of the leading pure-play rural local exchange carriers (RLECs), with over 2.1 million telephone access lines, primarily in rural areas and small to mid-size cities in 21 states. Based on the number of access lines served, the company is the seventh largest local exchange telephone company in the United States. In addition to offering local phone services, the company also provides long-distance, Internet access, fiber optic network services, security monitoring, as well as other communications and business information services. In 2006, CenturyTel generated revenue from the following sources: network access (37%), voice revenues (35%), data (14%), fiber transport and CLEC (6%) and other (8%). All operations of CenturyTel are located in the U.S. Recently available information provides key market segment data, which include: Wisconsin (representing 20% of access lines), Missouri (20%), Alabama (12%), Arkansas (11%), Washington (8%), Michigan (5%), Louisiana (4%), Colorado (4%), Ohio (4%), Oregon (3%) and other (8%).

Historically, the company has grown at a healthy rate in part due to its acquisition initiatives. In July 2002, CenturyTel acquired 650,000 access lines in Alabama and Missouri from Verizon. In the second and fourth quarters of 2003, it acquired Digital Teleport and Midwest Fiber Optic Network, respectively. On April 30, 2007, the company completed the acquisition of Madison River Communications Corp (MRCC). With this acquisition, CenturyTel added approximately 170,000 access lines in new markets and enjoys attractive growth prospects in Alabama, Georgia, Illinois and North Carolina. Madison River's network is nearly 100% broadband-enabled and also includes a 2,400 route-mile fiber network that is complementary to CenturyTel's existing operations.


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