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CenturyLink history
CenturyLink company history timeline
In 1946, the Williams’ son, Clarke McRae Williams, received ownership of the family’s telephone company.
In 1971, the company was renamed Century Telephone Enterprises, Inc.
In 1972, Century Telephone acquired the La Crosse Telephone Corporation, of Wisconsin.
In 1992, Century Telephone acquired Central Telephone Company of Ohio, a Centel subsidiary.
In 1999, the company was renamed CenturyTel, Inc.
Karen Puckett was named President and Chief Operating Officer (COO). She had served as Executive Vice President and COO since 2000.
With more than 39 000 employees, Lumen Technologies is considered one of the top 2000 largest public companies in the world, according to Forbes.
In 2001, CenturyTel acquired CSW Net, Inc.
In December, 2004, Sprint announced a merger with Nextel and its subsequent plan to spin off its Local Telecommunications Division (LTD) into an independent company.
In 2004, it partnered with EchoStar Communications Corporation for DISH Network multi-channel digital TV.
Invested $438 million to repurchase 12.9 million shares of common stock under an Accelerated Share Repurchase program, which mitigated the dilutive effect of equity units settled in May 2005.
The spin-off, Embarq Corporation, was formed on May 17, 2006, with its first day of trading on the NYSE on May 18, 2006 (symbol: EQ). EMBARQ served parts of 18 states, including Nevada (Las Vegas), Florida, North Carolina and Ohio.
CenturyTel announced a new dividend policy increasing its quarterly dividend from $.0675 to $.70 per share beginning in the third quarter 2008.
On July 1, 2009, the company began operating under the new name: CenturyLink (NYSE: CTL).
On July 15, 2011, CenturyLink acquired Savvis, Inc., a global provider of cloud infrastructure and hosted IT services.
On November 19, 2013, CenturyLink announced the acquisition of Tier 3, a Seattle-based infrastructure as a service (IaaS), platform, and advanced cloud management company.
On March 30, 2016, the company announced the acquisition of netAura, a security services company that focuses on cybersecurity, security information and event management (SIEM), analytics, and vulnerability management.
On January 9, 2017, CenturyLink announced the acquisition of Edison, New Jersey-based SEAL Consulting, a leading SAP services provider.
On September 14, 2020, CenturyLink, Inc announced that it had changed its name to Lumen Technologies, Inc.
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CenturyLink competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Cox Communications | 1962 | $11.0B | 20,000 | 680 |
| Qwest | 1996 | $11.4B | 30,000 | - |
| Mediacom Communications | 1995 | $2.0B | 4,500 | 71 |
| Charter Communications | 1993 | $55.1B | 98,000 | 3 |
| Windstream | 2006 | $5.1B | 11,080 | 151 |
| Comcast | 1963 | $123.7B | 190,000 | 1,903 |
| Frontier Communications | 1935 | $5.9B | 16,200 | 78 |
| DISH Network | 1980 | $14.3B | 16,000 | - |
| AT&T | 1983 | $122.3B | 230,000 | 3,627 |
| Verizon Services Corp. | 1983 | $130.9B | 1 | 573 |
CenturyLink history FAQs
Zippia gives an in-depth look into the details of CenturyLink, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CenturyLink. The employee data is based on information from people who have self-reported their past or current employments at CenturyLink. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CenturyLink. The data presented on this page does not represent the view of CenturyLink and its employees or that of Zippia.
CenturyLink may also be known as or be related to CenturyLink, CenturyLink Inc, CenturyLink – Clarke M. Williams Foundation, CenturyLink, Inc, CenturyLink, Inc., Centurylink, Centurylink, Inc. and Lumen Technologies, Inc.