|Bid||11.21 x 4000|
|Ask||11.25 x 28000|
|Day's Range||11.17 - 11.60|
|52 Week Range||9.64 - 23.23|
|Beta (3Y Monthly)||0.77|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 6, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||1.00 (8.81%)|
|1y Target Est||12.38|
MONROE, La. , Aug. 22, 2019 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL) today announced that its Board of Directors voted to declare a regular quarterly cash dividend of $0.25 per share. The dividend ...
(Bloomberg) -- AT&T Inc., Verizon Communications Inc. and 10 other large phone companies have struck an agreement with 51 attorneys general to enact technology to block robocalls before they reach consumers.The deal, announced Thursday, will help protect consumers from receiving illegal robocalls, and assist law enforcement in investigating and prosecuting bad actors, said North Carolina Attorney General Josh Stein, who is leading the effort that includes all 50 states and the District of Columbia.Under the deal, the companies will launch the call-blocking technology at no cost to consumers, and make other free anti-robocall devices and apps available to subscribers. “By signing on to these principles, industry leaders are taking new steps to keep your phone from ringing with an unwanted call,” Stein said in a statement.The companies are under pressure to protect consumers against the unwanted calls, which are a top source of complaints with the U.S. Federal Communications Commission. Across the U.S. there were 48 billion robocalls last year, up from 31 billion in 2017, according to a tally by YouMail Inc., a developer of software that blocks the calls.In July, AT&T, Verizon and T-Mobile US Inc. said they were making progress toward installing technology to authenticate calls so consumers would know if the call is coming from the person supposedly making it. The FCC has demanded the technology be in place by the end of the year.FCC Chairman Ajit Pai said the agreements with the states “align with the FCC’s own anti-robocalling and spoofing efforts,” including the agency’s caller authentication standards.“Few things can bring together policy leaders across the political spectrum like the fight against unwanted robocalls,” Pai said in a statement. “The FCC is committed to working together with Congress, state leaders, and our federal partners to put an end to unwanted robocalls.”Consumers are often duped into answering phone calls because they appear to be from a local number or business.“The bad actors running these deceptive operations will soon have one call left to make: to their lawyers,” New York Attorney General Letitia James said in the statement.Companies InvolvedThe other companies signing the agreement are T-Mobile, CenturyLink Inc., Comcast Corp., Sprint Corp., Bandwidth Inc., Charter Communications Inc., Consolidated Communications Holdings Inc., Frontier Communications Corp., U.S. Cellular Corp. and Windstream Holdings Inc.The FCC has demanded that carriers adopt the system to digitally validate phone calls passing through the complex web of networks. The agency also has said that providers may block calls, and cast a preliminary vote to require the digital authentication if carriers fail to install it by year’s end.Several of the top U.S. carriers issued statements in concert with the state attorneys general announcement. While the group on a whole backed the effort, there were few if any new, specific anti-spam call actions or timelines mentioned.“It’s imperative that we stand together on a common set of goals that include stopping callers from hiding their identities, working with other carriers on efforts to trace back illegal calls to the source, and keeping the originators from sending robocalls in the first place," Verizon said in a statement.“The fight against the scourge of illegal robocalls requires all hands on deck, and we welcome and appreciate the support of the state attorneys general,” AT&T said in a statement.(Updates with carriers and FCC comment beginning in seventh paragraph.)\--With assistance from Erik Larson and Scott Moritz.To contact the reporters on this story: Jonathan Reid in Washington at email@example.com;Susan Decker in Washington at firstname.lastname@example.orgTo contact the editors responsible for this story: Jon Morgan at email@example.com, ;Keith Perine at firstname.lastname@example.org, Elizabeth WassermanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Verizon (VZ) and AT&T (T) are deploying divergent TV service strategies, while Qualcomm (QCOM) inks a new licensing deal with LG Electronics.
MONROE, La. , Aug. 22, 2019 /PRNewswire/ -- Offering enterprise customers greater flexibility with their hybrid IT, CenturyLink, Inc. (NYSE: CTL) announced the launch of CenturyLink ® Private Cloud ...
CenturyLink is Global Diamond Sponsor at VMworld 2019 MONROE, La. , Aug. 22, 2019 /PRNewswire/ -- For organizations seeking to gain greater IT agility, edge computing is emerging as a necessity that bridges ...
With CenturyLink's (CTL) SIMPLE service expansion, small business customers can now purchase more business-critical services with ease.
CenturyLink (NYSE: CTL) and the Communications Workers of America have reached an early agreement on a contract extension. The agreement includes wage increases of 3% in the first year, then 2.5% in the second and third years. The contract between CWA and CenturyLink was set to expire in March 2020, however both parties instead decided to go to the table early.
Small business customers can now purchase more business-critical services with ease MONROE, La. , Aug. 20, 2019 /PRNewswire/ -- According to ongoing survey data from industry analyst firm IDC, cost control ...
Verizon (VZ) is divesting the social media blogging site Tumblr for an undisclosed amount, while CenturyLink (CTL) beats on second-quarter 2019 earnings despite lower revenues year over year.
CenturyLink (CTL) agrees to pay $550,000 to the U.S. Treasury and has committed to a compliance plan designed to protect consumers and prevent future cramming.
CenturyLink has reached a $550,000 settlement with the Federal Communication Commission’s Enforcement Bureau for unauthorized charges on consumers’ bills. CenturyLink (NYSE: CTL) was investigated for placing thirty-party charges and fees onto bills — a practice called cramming. Cramming is considered unreasonable and unjust under the Communications Act, and to settle the investigation, the company has agreed to pay $550,000 to the U.S. Treasury and committed to a compliance plan to protect consumers and prevent future cramming.
MONROE, La. , Aug. 12, 2019 /PRNewswire/ -- Andrew Dugan, senior vice president and chief technology officer, CenturyLink, Inc. (NYSE: CTL) will present at the Cowen and Company 5th Annual Communications ...
MONROE, La., Aug. 12, 2019 /PRNewswire/ -- Forward-looking companies seeking the advantages of next-gen IOT, AI, and Machine Learning applications increasingly need distributed solutions – from the local edge to the public cloud core – that combine compute, storage, and networking in an integrated package. To meet these needs, CenturyLink, Inc. (CTL) is announcing the rollout of its edge-focused strategy, beginning with a several hundred-million-dollar investment to build out and support edge compute services. This effort – which includes creating more than 100 initial edge compute locations across the U.S., and providing a range of hybrid cloud solutions and managed services – enables customers to advance their next-gen digital initiatives with technology that integrates high performance, low-latency networking with leading cloud service provider platforms in customized configurations.
With 5G technology opening up opportunities in the telecom sector, we study the impact of a few big earnings releases on ETFs with decent exposure.
Centurylink Inc (NYSE: CTL) shares traded down 7% on Thursday after the company reported a mixed second quarter. CenturyLink reported EPS of 34 cents, beating analyst forecasts of 31 cents. Revenue dropped 5.5% compared to a year ago, accelerating from the 5% drop CenturyLink reported in the first quarter.
The wireline telecom’s second-quarter earnings has spurred JPMorgan to downgrade CenturyLink stock to Underweight from Neutral. Yet Raymond James upgraded the stock to Market Perform from Underperform.
CenturyLink (NYSE: CTL) will be providing secured cloud connectivity to the U.S. Census Bureau for the upcoming 2020 census. CEO Jeff Storey said CenturyLink will help to collect censuses digitally to “to provide the best mix of timeliness, relevancy, quality, and cost for the data they collect and the services they provide.” To do so, CenturyLink will serve the bureau with managed trusted internet protocol services, or MTIPS, at speeds of 40 gigabits and higher. The MTIPS will provide secure cloud-based connectivity to support an online survey system available to everyone completing the 2020 survey.
Despite lower operating revenues on a year-over-year basis, CenturyLink (CTL) surpasses second-quarter earnings estimates on the back of its cost-transformation and de-leveraging efforts.