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Lumen Technologies, Inc. Lumen Technologies, Inc. (formerly CenturyLink) is an American telecommunications company headquartered in Monroe, Louisiana, that offers communications, network services, security, cloud solutions, voice, and managed services. The company has been on the S&P 600 index since being removed from the S&P 500 in March 2023.
CenturyLink (CTL) saw a big move last session, as its shares jumped more than 11% on the day, amid huge volumes.
CenturyLink shareholders would hold a 50.5% share of ownership in the combined company, while Qwest shareholders would own the remaining 49.5%. The valuation of CenturyLink's purchase as of April 21, 2010, was $22.4 billion, including the assumption of $11.8 billion of outstanding debt held by Qwest as of December 31, 2009.
Because U S WEST's stock was trading at very high prices during the dot-com bubble, Qwest was able to purchase the larger firm, and the Bell Operating Company was renamed Qwest Corporation. [ 11 ] In 2001, Qwest, which acquired U S WEST in 2000, terminated the sale of rural telephone lines agreed upon in 1999 because Citizens refused to ...
CenturyLink (CTL) closed the most recent trading day at $11.87, moving -0.08% from the previous trading session.
Shares of CenturyLink (CTL) plummeted 13% in Thursday's trading session after the telecommunication company said it would cut its dividend by more than half. While investors — who were certain ...
Website. https://www.embarq.com Archived 14 March 2009 at the Wayback Machine. Embarq Corporation (stylized as EMBARQ) was the largest independent local exchange carrier in the United States (below the Baby Bells ), [ 2 ] serving customers in 18 states and providing local, long-distance, high-speed data and wireless services to residential and ...
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