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CenturyLink, a Wireline Star, Is Under the Hammer

Teresa Rivas

CenturyLink (ticker: CTL) is tumbling Friday, following its third-quarter earnings report. Where we were: CenturyLink was one success story among the beleaguered ranks of wireline telecommunications companies. CenturyLink, like other traditional wireline players, had a difficult 2017, as it dealt with a shrinking legacy business, falling sales, and dividend worries.