Consider CenturyLink: Because the Future Belongs to Cheaper Broadband

Filed under: Stocks to Buy

Telecom/broadband play CenturyLink Inc. (CTL), formerly known as CenturyTel, appears to be well-positioned for a promising 2011 and beyond, and is worth a review.



Louisiana-based CenturyLink is a rural telephone carrier that operates in small/mid-sized cities in 23 states. Its acquisition of Embarq increased its telephone access lines to about 6.9 million.



CenturyLink also has 2.3 million broadband subscribers and is involved in a partnership to provide wholesale satellite service to about 600,000 customers.



CTL's 2010 revenue breakdown: 44% voice, 26% network access, 24% data, 10% fiber transport/other.

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Consider CenturyLink: Because the Future Belongs to Cheaper Broadband originally appeared on BloggingStocks on Thu, 04 Nov 2010 18:00:00 EST. Please see our terms for use of feeds.

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