Centurylink Legal Name

View Original Content:www.prnewswire.com/news-releases/centurylink-transforms-rebrands-as-lumen-301130026.html On April 22, 2010, CenturyLink (then legally known as CenturyTel, Inc.) announced that it would acquire Qwest in a share-by-share transaction. [40] Under the terms of the agreement, CenturyLink would exchange 0.1664 of its shares for each share of Qwest; As a result, CenturyLink shareholders received a 50.5% stake in the merged company prior to the merger, while former Qwest shareholders gained the remaining 49.5%. [41] The valuation of the CenturyLink purchase was $12 billion. [31] The merger was finalized on April 1, 2011. [42] [43] [44] Explore these resources to find CenturyLink`s legal notices, terms and conditions, privacy policies, rates, and other legal and regulatory information. In 2003, CenturyTel acquired half of the ownership of SkyComm International, Inc. in Houston, Texas, in March to form a satellite teleport for its global network access point (NAP) system. In June, CenturyTel also acquired the fiber optic network from Digital Teleport, Inc., a 5,700-mile (9,200 km) highway that runs from Illinois to Texas and neighboring states. [22] CenturyTel renamed the network company LightCore. [23] At the end of the year, centuryTel acquired the Midwest Fiber Optic Network (MFON) from Level 3 Communications, Inc. in December, a standalone system in the same central states as LightCore.

[7] Check out the interactive multi-channel press release here: www.multivu.com/players/English/8524356-centurylink-rebrands-as-lumen/ Andrews said the name change would not involve moving the company`s headquarters to Denver, which will remain in Monroe, Louisiana, the home of the original CenturyLink. Of the company`s 40,000 employees worldwide, 5,800 are based in Colorado, and the Denver metropolitan area remains a major hub, especially those Lumen will highlight. In 1971, the company was renamed Century Telephone Enterprises, Inc. [7] [9] In 1972, Century Telephone acquired La Crosse Telephone Corporation of Wisconsin. [7] On October 31, 2016, CenturyLink announced its intention to acquire Level 3 Communications in a transaction valued at approximately $25 billion. [63] Upon receipt of the required regulatory approvals, CenturyLink closed the transaction on November 1, 2017. [64] This takeover can now be considered a takeover from within. Level3 shareholders would only approve the deal if CenturyLink sent its CFO and eventual CEO into retirement. Eventually, all of CenturyLink`s former executives were replaced by former Tier 3 executives, leaving only HR and legal leaders in place. DENVER, Sept. 14, 2020 /PRNewswire/ — CenturyLink has a bold new brand name and purpose.

As Lumen Technologies, or simply Lumen, the company will help guide businesses through the challenges and opportunities of the 4th Industrial Revolution – an era when smart and connected devices are everywhere. Lumen® brings a new focus on how it sees the market and the world, with the aim of promoting human progress through technology. Legal name change The legal name of CenturyLink, Inc. should be officially changed to Lumen Technologies, Inc. in compliance with all legal and regulatory requirements. On October 19, 2009, the CenturyTel and Embarq brands were discontinued, and all transactions were officially completed under the CenturyLink banner and continued to trade on the NYSE under the symbol CenturyTel CTL. The company`s new name, CenturyLink, Inc., did not become official until May 2010. [38] [39] Does this mean that Quantum Fiber is simply the new name for CenturyLink`s FTTH service, or does it mean that the company intends to expand Quantum Fiber into new markets? Or both? Hard to say. I think we`ll find out, as long as Lumen doesn`t run CenturyLink and Quantum Fiber. The Company will officially change its corporate name to Lumen Technologies, Inc. once legal and regulatory requirements are met. There are no structural changes in direction, responsibility or financial strategy, depending on the company, although it is changing its stock ticker from CTL to LUMN.

In 1997, Century Telephone acquired Delta Security Alarm Co., Inc. of Monroe, Louisiana, and its largest acquisition to date, Pacific Telecom, doubling its size with 660,000 additional telephone access lines in 12 states. [7] Pacific Telecom, Inc. would continue to exist and was renamed CenturyTel of the Northwest, Inc. Now, another new name and logo will appear on the company`s buildings throughout the metropolitan area. It`s not because of a big acquisition, but because of a bunch of smaller ones. In addition to these name change transactions, the company has completed dozens of other transactions, large and small, such as Broomfield-based Level 3 Communications. In addition to in-house software innovations, they have given Lumen the opportunity to offer enterprise customers a variety of services in various areas. CenturyLink has adopted a new identity – Lumen Technologies – a name that it believes better highlights the future direction and direction of the company. Forward-Looking Statements Except for historical and factual information, the matters set forth in this press release, which are identified by words such as “believe,” “plan,” “will” and similar expressions, are forward-looking statements within the meaning of federal securities laws and are subject to safe harbor protection under such information.